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BizReport : Ecommerce archives : July 11, 2011

Software the saving grace of smaller businesses?

The US job outlook isn't exactly grim, but it isn't great either. Although payrolls have increased, temporary jobs have decreased and more businesses, especially small businesses, are making do with less. For some, technology is helping them keep pace.

by Kristina Knight

A new report from cleverbridge finds that B2Bs are taking up SaaS platforms to help them stay on-pace. The study, commissioned by Forrester Consulting, found that more than half (57%) of respondents were using SaaS offerings because of the savings involved.

"Those who have already transitioned to SaaS have seen numerous benefits, from predictable cash flows and new market opportunities to shorter sales cycles and reduced operational expenses," said Craig Vodnik, cleverbridge Vice Presient of Marketing. "However, the transition to SaaS requires more than just a new product - it requires a fundamental shift in operations. SaaS opens the door to a global marketplace with complex requirements, and few software vendors are capable of making the transition alone."

Meanwhile, data from Manta shows that many small businesses aren't feeling a summer slowdown. One in four small businesses responded to Manta's latest survey that they don't see summer slowdowns and that even with a less-than-perfect economic outlook nearly two-thirds (62%) haven't made budget cuts yet this year.

According to the US Burear of Labor Statistics, temporary staffing numbers dropped by 12,000 in June 2011; over the past three months, temp-jobs have dropped by 19,000. Still, the payroll of US businesses increased by 18,000. High gas prices are taking some of the blame for the losses.

Tags: B2B, cleverbridge, Manta, SaaS, small business, US Bureau of Labor Statistics, US jobs outlook

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