SAAS stands for "Software as a service". A perfect business name for any business in this industry.
Saaswizard has 10 letters and three syllables. Three syllable names are used by established brands like Microsoft, Adidas and Mastercard.
Saaswizard.com is a dot-com domain. Dot com domains are the most valued top-level-domain in the world, famously used by websites like youtube.com. Owning a dot-com says that you own the word "saaswizard" online.