There are a number of software as a service (SaaS) ASX shares that could be worth considering as quality additions to a portfolio.
Businesses that provide software as a service to clients can usually rely on attractive, regular cashflow and high gross margins because of the software nature of the service.
These two companies could be ones to think about:
Class describes itself as the leading cloud-based SMSF administration software. It also has other services including Class Portfolio which can be used for investment portfolio accounting, administration and reporting. It also offers Class Trust, which is a service for accountants to automate significant parts of the trust administration process.
The company has also made…