SAAS stands for "Software as a service". A perfect business name for any business in this industry.
Saaswizard has 10 letters and three syllables. Successful brands using three syllable names include Mastercard, Adidas and McDonald's.
Saaswizard.com is a dot-com domain. Dot com domains are the most desirable domain extension in the world, famously used by websites like youtube.com. Owning a dot-com says that you own the word "saaswizard" online.