Sourcing As A Service (SAAS) is an official business definition that describes the process of outsourcing certain tasks to a third-party provider. This type of service allows companies to access the expertise of an experienced team to help them complete specific tasks. The tasks that can be outsourced through SAAS include procurement, supply chain management, inventory management, and other related services. SAAS provides businesses with access to a team of professionals who can help them save time and money while increasing their efficiency. This type of service can be especially beneficial for companies that don’t have the resources to hire a full-time team of experts. With SAAS, businesses can outsource specific tasks and focus on their core competencies. By leveraging the expertise of a third-party provider, businesses can reduce their overhead costs and maximize their profits.