Yes, indeed ... provided it is reasonably priced, offers the right functionality, experienced expertise in managing and monitoring of the IT Infrastructure environment, and responsive Help Desk support.
For more info, check out the following links on SaaS, Microfinance and how the two can be leveraged to bring forth an innovative set of services to address the dire need within the Microfinance sector for access to robust and scalable core banking (MIS) software that is affordable:
http://www.microfinancegateway.org/p/site/m/template.rc/1.9.43928/
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1604741
http://advice.cio.com/nomadic_cio/cloud_computing_saas_microfinance_institutions_a_win_win_for_all
MicroPlanet Technologies offers robust and scalable core banking software that is not only affordable but is also easy to use, and offers the experienced world class support team to manage this SaaS environment on a 24x7.
Check out the MicroPlanet Technologies website ... microplanettech.org
For Microfinance Institutions (MFIs) to achieve scale one needs access to robust and scalable core banking (MIS) software (using a SaaS model), strong operational process focus, Data Mgmt (real-time access to info about ops and clients). SaaS + Process & Data Mgmt + Training offers a winning formula for achieving scale & lower operating costs.
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