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Question:

What kind of software should this IT department be looking at in the case that a CEO has requested that his IT department find a new accounting software. He would mention that since he often switches between multiple devices, the accounting software doesn’t need to be installed locally on his machine. While he has an Internet connection he would like the program to simply be accessible via a Web browser on any device?

A SaaS
Explaination

From any location via an Internet connection, SaaS (Software as a Service) refers to any software that does not need to be mounted locally on a computer and can be downloaded.