---
title: Why Buy When You Can Rent?
description: While on-premise technology might be convenient for businesses, cloud-based solutions – also known as Software as a Service (SaaS) – truly have more to offer. For instance, NetSuite, in addition to being cloud-based, is source system agnostic.
---

[Oasis Solutions Blog ](https://blog.oasisky.com)

# [Why Buy When You Can Rent?](https://blog.oasisky.com/blog/why-buy-when-you-can-rent)

 Written by [Oasis Solutions](https://blog.oasisky.com/author/oasis-solutions) | Oct 27, 2015 6:37:44 PM

While on-premise technology might be convenient for businesses, cloud-based solutions – also known as Software as a Service (SaaS) – truly have more to offer. For instance, [**NetSuite**](https://oasisky.com/software/accounting-erp/netsuite/), in addition to being cloud-based, is source system agnostic. In other words, NetSuite can integrate cloud and on-premise data for a seamless user experience, which offers huge cost-savings, flexibility, and scalability.

 

Cost savings come into play when you look at information technology (IT) costs and resources. Unlike buying a home and expecting it to accrue in value, *on-premise technology begins to depreciate out of the box*. Businesses will also need to pay IT employees, handle operational maintenance, and purchase hardware storage. Alternatively, those costs are included in the price of renting space with a software provider such as NetSuite. According to NetSuite’s [ERP Data Sheet](https://oasisky.com/wp-content/uploads/2015/07/NetSuite_ERP.pdf), IT costs can be reduced by more than 50% with cloud technology.

 

Additional cost savings can be seen in terms of flexibility. The role-based lead-to-cash model of NetSuite ERP means quick and easy accessibility to NetSuite software – from anywhere, on any device. You no longer have to be in your office to have access to real-time reporting and analytics.

 

And what if your rented home grew along with you as you collected more furniture or had a baby? That kind of scalability is exactly what you can expect from NetSuite. In 2014, for example, GoPro grew 300% in revenue using NetSuite.

 

[In an article](http://www.supplychainbrain.com/content/nc/technology-solutions/order-fulfillment-po-mgmt/single-article-page/article/wearable-camera-maker-gopro-retools-its-supply-chain-for-rapid-growth/), Chief Technology Officer Stephen Baumer said, “[We] had no desire to build a large on-site server farm. [We] turned to the software vendor NetSuite to provide a wide range of applications under a software-as-a-service (SaaS) model.”

 

The fact that businesses no longer need those IT considerations is a testament to the value of implementing NetSuite software.

 

Interested in learning more about NetSuite, the world's #1 cloud ERP software? Contact Aaron Rosenberg: [aaron@oasisky.com](mailto:aaron@oasisky.com) or 502.429.6902 231

[View full post](https://blog.oasisky.com/blog/why-buy-when-you-can-rent)

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