Software as a Service (Saas), Cloud Computing, On premises software – all in vogue terms sounding very IT savvy. But does the average accountant understand to what they refer – or does he/she even want to bother.
The trouble with jargon speak is, that whilst it acts as a useful shorthand to those in the know, it also puts up a barrier to the wider community who might benefit from understanding what is, in fact, being offered.
It might be an idea for the industry to revert to plain English – Software as a Service versus Internet based Accounting. I know what I understand and perhaps the accounting industry who are not known for their innovative behaviour, might adopt the concept more readily.
Lets hasten the end of the TLA (“three letter acronym”!)