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WHAT TO CONSIDER WHEN HIRING A SAAS Service?

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Steve Hoffman Newt    - Software as a Service (or SaaS) is a fundamental piece for companies that want to strengthen their relationship with customers and improve their results. We are including in this guide some points that your company should take into account before hiring this service. Hiring software as a service has become one of the priorities of companies that want to establish more accurate connections with their end customer or optimize certain areas of the company, such as project management, data storage, and others. It is estimated that this product modality is one of the most profound technological developments of the last decade and still has many market shares to conquer, since several sectors of commerce and industry are constantly paying more attention to it. Through a SaaS it is possible to: 1. Establish the implementation cycles SaaS is not necessarily an initiative where there are multiple implementation cycles or sudden changes in infrastructure, but so
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Key metrics for B2B SaaS companies – Steven Hoffmann

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SaaS B2B companies stopped being a new trend a long time ago, and are now a reality. However, with the exponential growth of this segment, there is a risk of market saturation. Therefore, in such a competitive and risky environment, it is essential to measure the growth of your company and monitor the competition to ensure the good performance of your business. Check out some of the main metrics explained by   Steven Hoffmann, Founder of Newt Financ ial,  which will help you monitor the performance of your strategies and determine your company's next steps. 1. Customer turnover rate (Customer Churn Rate) The customer turnover rate measures how many deals you've lost in a given period of time. While turnover is a reality, tracking it can save your business from disaster. Therefore, it is one of the most important metrics for tracking the vitality of your B2B SaaS. To calculate the rate of lost customers, divide the number of lost customers by the total number of customer
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The Rise of SaaS B2B Startups Industry - Steven Hoffmann

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The rise of Software as a Service (SaaS) industry in the last decade has changed the way companies purchase and use software worldwide. SaaS is a software distribution model that benefits all the links in the chain: companies, customers and investors. The customer does not need to purchase software and hardware and everything works over the internet, in the cloud, without inflating the company's budget. If the customer is not satisfied, the service can be canceled easily. For entrepreneurs, the subscription model brings more predictability in their operation, allowing them to manage and grow in a more secure, planned and sustainable manner. For investors, the predictability of receivables flows, which is characteristic of the model, is synonymous with risk mitigation. National companies are increasingly open to solutions in the SaaS model, The online management system Newt F inancial follows a similar model, and provides secure, open API access to customer data, products, and serv
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Future without cash: the advantages and disadvantages

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Steve Hoffmann explains: Cashless Society may seem like something out of science fiction, but we are already on the way. Several powerful forces are behind the move to a cashless world, including governments and large financial service companies.  But we are not there yet. In addition to logistical challenges, we need to address several social issues before giving up money entirely. The benefits and drawbacks below can give you an idea of ​​ the myriad effects that cashless can have on money and banking, as you know it. Benefits of cashless society Less crime : With traditional system, it is relatively easy to steal cash, whether the amount is large or small. In addition, illegal transactions (drug trafficking, for example) usually take place in cash, so that there is no record of the transaction. Money monitoring : It is more difficult to hide income and evade taxes when there is a record of every payment you receive. Money laundering becomes much more difficult if the source o
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Point of Sale (POS) – Explained by Steven Hoffmann

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To improve your company's business results, using a Point of Sale (POS) control is essential. In general, the presence of the POS helps to make organizational gains, such as managing inventory, opening and closing cash and controlling exchanges and returns in a more simplified and autonomous way. What is a POS? The Point of Sale (POS) describes the retail area where products are exposed and the client makes the purchase. Technology has changed the way professionals interact at work, including with partners and customers. Therefore, using an ERP system that automates processes and still has POS control is functional and indispensable for those who want to have greater authority over their own business. Steven Hoffmann  is Chairman and CEO of Newt Corporation – the company that provides Digital Wallet, POS and Prepaid Products on a white label platform. What is the importance of using a POS? The cash front appears as an ally to any type of business, for large, medium and s
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Steve Hoffmann: Banking In Your Pocket

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The development of  smartphones has led to a real revolution in payment methods. Smartphones have been a turning point in this change in dynamics and have served as a lever for innovation and to pay more attention to the user experience; As a result of these new dynamics, methods such as mobile payment, electronic wallets, or virtual cards have been born. The development of smartphones and the entry of third parties into the sector is now forcing entities to rethink their role, to promote innovation and to take advantage of their most important asset: the relationship of trust with their customers , now more demanding than ever, and for those who no longer only matter what, but how. Steve Hoffmann’s payment solutions company Newt, has products tailored specifically for smartphones. “The future of payments will be in the impulse of a new complete shopping experience, and not only in the act of paying” said Steve Hoffmann , Chairman and CEO of Newt Corporation. About Newt: New
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Steve Hoffman’s company Newt Signs MOU with PagoFácil

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Under the terms of the contract, management teams of PagoFácil and Newt will collaborate in providing Newt’s SaaS software combined with Bank Processing Services in Latin America, as part of Newt’s Digital SaaS Offering. Thanks to this agreement, Newt will enable its customers in Latin America and Mexico with seamless online processing capabilities of Visa and Mastercard, embedded in the software. In addition, new methods of acceptance of debit cards, additional locations for cash payments, and SPEI Transfer capabilities have been added. The parties shall also jointly market the expanded service offering to Newt’s and PagoFácil’s client base, in order to increase the overall number of transactions processed. This agreement will further position Newt for the increase in digital payment services requested by the B2B market. PagoFácil is a Mexican company with extensive experience in Credit Card Payment Processing in Mexico. The Company is backed by a group of investors with several partn
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