RealPage provides Software-as-a-Service (SaaS) products and services to tens of thousands of apartment communities and hundreds of thousands of single family rentals.
The SaaS delivery model takes a holistic view of coding, implementation, hardware, networking and data. SaaS software consists of a single code stream, a single integration point for third-party applications—and only one potential point of failure. Conversely, with an Application Service Provider (ASP), each client uses a separate instance of the software. That's thousands of hot fixes and hundreds of integration points—plenty of points for failure.
Did you know that…
- SaaS is secure—access to the database is brokered through a firewall; no one has access to your data without your permission
- Software, data and hosting are tightly integrated in a SaaS solution
- Updates and releases are regularly scheduled, providing continuous improvement
- Implementation is configured and standard
- Licensing is "on-demand"
Cost Savings
One of the benefits of SaaS is lower total cost of ownership. An independent study by Wachovia found that more than 40% of the total cost of ownership is eliminated with SaaS. This equates to $2.00-3.00 per unit per year in savings that accrue to the management companies and owners.