The benefits of using a white label business management software SaaS platform
A white label business management software SaaS platform is a software that is developed by one company and then sold to another company with the latter company's branding. In other words, the white label SaaS software is rebranded with the second company's name, logo, and other branding elements.
There are many benefits of using a white label SaaS software. One benefit is that it can save the second company a lot of time and money. Developing a software from scratch can be very costly and time-consuming. By using a white label SaaS software, the second company can avoid these costs and get their software up and running much faster.
The time cost of creating your own SaaS Platform
Building your own SaaS platform from scratch can be a daunting task. There are a lot of moving parts and it can be difficult to know where to start.
If you choose to use an existing framework, there are a number of options available. Some popular choices include Ruby on Rails, Django, and Laravel. These frameworks can save you a lot of time and effort by providing pre-built functionality that you can use in your own platform. I recently wrote an article on medium about how we created a complex SaaS software in two months, if you have the time and know how - it is possible. However I must declare that it has taken us way more than two months, because SaaS development is a progressive and evolving thing, you never arrive at a destination.
Outsourcing the development of your SaaS platform can be a great option if you don’t have the time or skills to build it yourself. There are a number of companies that specialize in SaaS development and can help you get your platform off the ground.
The problem with hiring developers for your next SaaS project
One of the biggest problems is that it can be difficult to find developers with experience in SaaS development. While there are plenty of developers out there with experience in creating traditional software, SaaS is a relatively new field. As a result, there are relatively few developers with the experience and skills necessary to create a successful SaaS solution.
Another problem is that SaaS development is often more complex than traditional software development. This is because SaaS solutions need to be designed to be hosted on a remote server and accessed by users over the internet. This can add an extra level of complexity to the development process.
Finally, SaaS development can be expensive. Because of the complexity involved, SaaS solutions often require more developer hours to create than traditional software. This can drive up the cost of development, making it difficult to justify the expense to some businesses.
Beware the inexperienced developers
It can be tempting to hire developer houses or less experienced developers to build your SaaS and end up with a product that was not the original intent, or problems with: (1) technical elements of the SaaS, (2) security concerns or one of the more common ones, (3) scalability issues.
Solution: Use a white label Business Management Software SaaS Platform
One way to get started with your own Business Management Software SaaS platform is to buy one that has already been built by someone else. This way, you can avoid having to build the software from scratch, and instead focus on minor details like the business logo, tag-lines, and colors. With a little bit of adjustment, you can have your own Business Management Software SaaS platform up and running in no time.
Why do we not see more White Labelled SaaS businesses?
You would ask yourself, what is the catch - why are more people not doing this?
There is no catch, there are actually already a number of white labelled SaaS businesses that you can start today, some even for free (with a higher revenue share fees of course). The problem is, there are fewer in the genre of "Business Management Software" because it is a highly profitable business and sharing code or even access to it, means creating competition for the company that developed the software.
Companies do not want to spend years developing software, only to share revenue with new players by creating their competition.
This is why there is few white label SaaS options out there.
Skhokho to the Rescue - a White Label Business Management Software SaaS platform
Skhokho Business Management Software is a new player in the industry, going against the tide. Instead of splitting and dividing software products in to multiple different SaaS products and requiring clients to pay for each one of them separately, we bundled them in to one intuitive, user friendly platform.
Against popular opinion, we believe in making life easier for our clients. Why would anyone want to log in to 10 different software products in one day? One for accounting, another OKR software, a project management tool, HRMS, …. email marketing, meeting and scheduling, the list goes on and on.
Why would a business owner want to pay 10 different monthly subscriptions? when they can pay for just one. This is why we did it, for the users, for our clients, to simplify their lives.
Against popular opinion, we did it again and made our software available as white label, read more here: https://skhokho.io/white-label-saas-business-software-resellers
There is predictable pricing that starts at $1999 per month. You can get your product within a month and already start charging customers. Skhokho developers will integrate your own Stripe payments in to the platform, so you get paid directly to your Stripe account.
Skhokho charges a transaction fee of 10% per transaction on the platform. This is to offset the competition we are creating for ourselves, when we licence our software, businesses who choose to use the licensed software are an opportunity cost for us, hence we charge the transaction fee.
No surprises with Skhokho White Label
Getting started with Skhokho white label solution is predictable, you already know what the final product will look like. You can easily create your own account on Skhokho and test it out for free - 14 days free trial.
There are no development surprises, what you see is what you get. The pricing is also predictable and set upfront, so you can budget and know exactly what it will take to break-even.
Focus on your clients and Business
When you use white label software, like Skhokho White Label Business Management Software SaaS platform, your business can focus on the most important things - the clients, sales and marketing, growing your users. You will be free to focus on your core business, instead of worrying about how many containers are running in the cloud.
The Business Case for White Label Software
The business case is very clear, profitability depends on volumes and how many people you can sell the software to. If you have access to markets, then it is an all-brainer. Let us look at the numbers, we will focus on the mid-tier $2920 per month package. This allows you to get a fully scalable software that is managed, payment integration and multi-tenant. This means, you can re-sell and charge your own clients for the software.
Break-Even: If you charge the mid-tier $28 per client, you will need 104 paying clients to break even. If we include the 10% transaction fees, you will now need 116 clients to break-even. Of course you can set your own pricing, and $28 is only the entry fee for 103 employees. You will most likely get clients with more employees, which will pay you more and you can break even with less than 100 users.
Check out out pricing page for the staggered pricing: https://skhokho.io/documentation/guide/company.html#skhokho-pricing
To get your own white label business management software with Skhokho, book an appointment with one of our team members to iron out your requirements.