--- title: 5 Things You Need to Know to Create a Successful SaaS or Software Business description: Interview with Transcepta CEO Ray Parsons on the 5 most important factors that business leaders should know about creating a successful SaaS or software business. image: https://test.transcepta.com/hubfs/transcepta/Imported_Blog_Media/Authority.jpg --- ![client-icon](https://2721148.fs1.hubspotusercontent-na1.net/hubfs/2721148/transcepta-2025/images/client-icon.svg) [ Supplier Login ](https://supplier1.transcepta.com/SupplierPortal/login) ![Question](https://test.transcepta.com/hubfs/transcepta/transcepta-2025/images/Question.svg) [ Supplier Help ](http://help.transcepta.com/) [![TR-Logo](https://test.transcepta.com/hubfs/transcepta/Imported%20images/TR-Logo.svg) ](https://test.transcepta.com/) [ Request Demo ](https://test.transcepta.com/contact) All Posts # 5 Things You Need to Know to Create a Successful SaaS or Software Business Interview with Transcepta CEO Ray Parsons on the 5 most important factors that business leaders should know about creating a successful SaaS or software business. Published on November 19, 2020 • 1 minute read Share this post - Copy to clipboard ![copy-link-icon](https://go.smartling.com/hubfs/SmartlingWebsite-WCS/smartling-link.svg) - [![twitter-icon](https://go.smartling.com/hubfs/SmartlingWebsite-WCS/X.svg)](https://twitter.com/share?source=https://test.transcepta.com/blog/create-a-successful-saas-business&text=5+Things+You+Need+to+Know+to+Create+a+Successful+SaaS+or+Software+Business%20-%20https%3A%2F%2Ftest.transcepta.com%2Fblog%2Fcreate-a-successful-saas-business) - [![facebook-icon](https://go.smartling.com/hubfs/SmartlingWebsite-WCS/Facebook.svg)](https://www.facebook.com/sharer/sharer.php?u=https%3A%2F%2Ftest.transcepta.com%2Fblog%2Fcreate-a-successful-saas-business&title=5+Things+You+Need+to+Know+to+Create+a+Successful+SaaS+or+Software+Business&picture=https%3A%2F%2F51566465.fs1.hubspotusercontent-na1.net%2Fhubfs%2F51566465%2Ftranscepta%2FImported_Blog_Media%2FAuthority.jpg&description=Interview+with+Transcepta+CEO+Ray+Parsons+on+the+5+most+important+factors+that+business+leaders+should+know+about+creating+a+successful+SaaS+or+software+business.) - [![linkedin-icon](https://go.smartling.com/hubfs/SmartlingWebsite-WCS/LinkedIn.svg)](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Ftest.transcepta.com%2Fblog%2Fcreate-a-successful-saas-business&title=5+Things+You+Need+to+Know+to+Create+a+Successful+SaaS+or+Software+Business&summary=Interview+with+Transcepta+CEO+Ray+Parsons+on+the+5+most+important+factors+that+business+leaders+should+know+about+creating+a+successful+SaaS+or+software+business.) ##### *![AuthLogo](https://test.transcepta.com/hs-fs/hubfs/transcepta/Imported_Blog_Media/AuthLogo.png?width=300&name=AuthLogo.png)* As part of our series, “5 Things You Need to Know to Create a Successful SaaS or Software Business,” I had the pleasure of interviewing Ray Parsons. *As President and CEO and a member of its Board of Directors, Ray Parsons is responsible for the overall success of *[*Transcepta*](https://www.transcepta.com/)*, the leading provider of intelligent e-procurement and accounts payable (AP) automation solutions. He has led technology organizations for over 20 years, including successfully building and selling a software company (Unisolve) to Microsoft. After selling Unisolve in 2001, Ray became the General Manager for Microsoft’s worldwide supply chain management initiative. Ray also served as the General Manager for the Microsoft Business Network, a research effort targeted at identifying ways that companies could simplify their electronic document exchange.* ### Thank you so much for joining us! Our readers would love to get to know you a bit better. Can you tell us about your backstory and how you got started? Istarted as a software developer out of school. I had the good fortune to go to work for a well-run, regional ERP software development shop where I learned a lot of practical experiences about how businesses work. Eventually, I worked myself into a position where I was offered a chance to buy a portion of the company, which was called Unisolve. I borrowed everything I could borrow and made the purchase. Over time, I bought a bit more of the company. After 20 years of hard effort, we were thrilled when Microsoft acquired our company. I worked for Microsoft for a couple of years after the acquisition. It’s a wonderful company, but small business was in my blood. Eventually, I left Microsoft and did some consulting until a friend approached me with the idea that became Transcepta. [READ MORE](https://medium.com/authority-magazine/ray-parsons-of-transcepta-5-things-you-need-to-know-to-create-a-successful-saas-or-software-2c492045ce55) ### Subscribe to newsletter Subscribe to receive the latest blog posts to your inbox every week. By subscribing you agree to with our [Privacy Policy.](https://www.smartling.com/privacy/) ## Related Blogs https://test.transcepta.com/blog/create-a-successful-saas-business ![](https://test.transcepta.com/hubfs/transcepta/Imported_Blog_Media/african-businessman-giving-presentation-2025-03-09-18-49-07-utc-1.jpg) ## [AI in the Classroom Starts with the Back Office: Bringing Intelligence to Education Finance](https://test.transcepta.com/blog/ai-in-the-classroom-starts-with-the-back-office-bringing-intelligence-to-education-finance) One of the most popular subjects in education right now is artificial intelligence.The majority of... 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[Read Now >](https://test.transcepta.com/blog/driving-operational-efficiency-in-education-modernizing-ap-for-todays-schools) ![](https://test.transcepta.com/hubfs/transcepta/Imported_Blog_Media/student-standing-in-between-yellow-school-buses-2025-01-08-12-52-56-utc-1.jpg) ## [From Hours to Minutes: How AP Automation Saves Schools Precious Time](https://test.transcepta.com/blog/from-hours-to-minutes-how-ap-automation-saves-schools-precious-time) Time is one of the most valuable resources in education — and once it’s gone, you can’t get it back. [Read Now >](https://test.transcepta.com/blog/from-hours-to-minutes-how-ap-automation-saves-schools-precious-time) [ View all ](https://test.transcepta.com/blog) [![transcepta](https://info.transcepta.com/hubfs/Imported%20images/TR-Logo.svg) ](https://test.transcepta.com/) **Transcepta, LLC** 135 Columbia, Suite 202 Aliso Viejo, California 92656 **Sales:** [info@transcepta.com](mailto:info@transcepta.com) +1 (888) 221-2026 Option 1 #### Platform #### About #### Resources - - - - © 2026 Transcepta, LLC - [Privacy Policy](https://test.transcepta.com/privacy-policy) - [Security Policy](https://test.transcepta.com/security-policy) - [Terms of Use](https://test.transcepta.com/terms-of-use) - [Accessibility](https://test.transcepta.com/accessibility) ![](https://px.ads.linkedin.com/collect/?pid=1526620&fmt=gif) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Transcepta Marketing", "url" : "https://test.transcepta.com/blog/author/transcepta-marketing" }, "datePublished" : "2020-11-19T19:00:08.000Z", "headline" : "5 Things You Need to Know to Create a Successful SaaS or Software Business", "image" : [ "https://test.transcepta.com/hubfs/transcepta/Imported_Blog_Media/Authority.jpg" ], "mainEntityOfPage" : { "@id" : "https://test.transcepta.com/blog/create-a-successful-saas-business", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://test.transcepta.com/hubfs/transcepta/Imported%20images/TR-Logo.svg" } } } ``` ```json { "@context" : "https://schema.org", "@type" : "WebPage", "author" : { "@type" : "Organization", "name" : "Transcepta" }, "datePublished" : "19.11.2020 14:00:08", "description" : "Interview with Transcepta CEO Ray Parsons on the 5 most important factors that business leaders should know about creating a successful SaaS or software business.", "inLanguage" : "en", "name" : "5 Things You Need to Know to Create a Successful SaaS or Software Business", "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://info.transcepta.com/hubfs/transcepta-logo.svg" }, "name" : "Transcepta" }, "url" : "https://test.transcepta.com/blog/create-a-successful-saas-business" } ```