SaaS for compliance management

CRM is the largest Software as a Service (SaaS) market; however, it may not be so for a long. Compliance management is growing at a fast rate as one of the major software sectors to adopt the SaaS model. Other services being delivered on-demand include procurement, ERP, and document management. According to the report “Adoption of Software-as-a-Service Is Happening Outside of CRM” by Gartner, compliance management is ideally suited to be delivered via SaaS. The Sarbanes-Oxley Act has meant that companies are keen to maintain their records properly. Given the fact that regulations can change frequently, on-premise solutions can be difficult to upgrade.