Reports Indicate SaaS Solutions Are Here To Stay: WebApps Continues to Offer Competitive, Highly Functional On Demand Solutions

BRIDGEWATER, N.J. —October 19, 2006— WebApps, Inc., a leading provider of Software-as-a-Service (SaaS), with a major push in Time and Labor Management, maintains its leadership position within the rapidly-growing SaaS industry. Based on a recent report from research firm Gartner, SaaS will represent 25 percent of new business software delivered by 2011.

Although the report proves that the SaaS revolution is becoming more than just a trend, it also points out that most On Demand solutions may lack in functionality what they offer with regard to affordability. Currently, WebApps offers applications that remain a step ahead of this norm, particularly in terms of Human Resources, one of the company’s areas of expertise. With advanced features such as dynamic employee scheduling, intelligent reporting, and tools that help organizations with legal compliance issues, WebApps’ software allows users access to higher-level automation without sacrificing ease-of-use.

In fact, WebApps’ software remains an attractive choice in the Human Resources world because its functionality can be adjusted according to the needs of the organization using the application. Administrators of the system have access to menus in which certain functions can be enabled or disabled. The scalability of the system makes it an appropriate choice for any size company. Small businesses only in need of capturing time can use the same system as large organizations with complex pay and benefit rules.

The HR area is perhaps the most fertile, yet unexplored piece of real estate within the SaaS marketplace. This is because every employee within any given organization can be considered a user of HR-related services. Employers are also beginning to realize that people are an organization’s largest asset and proper maintenance is critical to success. Research and consulting company AMI Partners has found medium-sized businesses to be the area where HR functions offered via the Internet may be most welcome. The report states that almost half of medium-sized businesses surveyed that use On Demand solutions are currently using them for HR-related functions, and more plan to adopt SaaS solutions in the near future.

“The growing demand for SaaS solutions within the HR space is further proof that On Demand software has moved beyond the point of being considered a passing trend,” stated WebApps CEO Bill Loss. “By offering organizations access to applications as functional and advanced as many client-installed alternatives, the adoption of SaaS solutions will continue to become more commonplace. “

About SaaS -
The SaaS model is predicated on a one-to-many or multi-client deployment, whereby an application is shared across customers. This centralized approach towards code management reduces implementation, training, and ongoing support time while minimizing business risk for service providers. End-users benefit from single-source accountability that typically leads to a successful software rollout at a lower total cost of ownership. Also commonly known as an On Demand model, customers pay for system usage on a recurring basis for a broad spectrum of applications.

About WebApps, Inc. -
WebApps is a leading developer of web-based business applications for improving human productivity and organizational processes in the workplace. Delivering Software-as-a-Service (SaaS), client sensitive data is collected, processed, and stored remotely without the need for technical resources on site. Software features are easily expanded or scaled back, making it easier to support a variety of size and industry specific clients with a single platform. Under a pay-as-you-go model, clients gain access to software that is more intuitive, easier to deploy, and offers lower total cost of ownership than client-installed software - www.SaaS.com.

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