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Business InsiderSarah E. Needleman

SaaS companies' newest rivals are their own customers

Companies big and small are embracing a DIY approach to software.

With the help of AI, they're building tools that they could otherwise purchase from large enterprise software vendors like Workday, SAP, and Salesforce.

West Monroe, a Chicago-based consultancy, wanted a program that could check payroll for errors and another that could surface useful insights for managers about its roughly 2,000 employees.

Buying those capabilities from a vendor would have cost the company more than $300,000 a year, Tanya Moore, its chief people officer, estimated.

Read the full story at Business Insider