SAAS stands for "Software as a service". A perfect business name for any business in this industry.
The name "saaswizard" has 10 characters and three syllables. Established brands using three syllable names include KFC, Mastercard and Sainsbury's.
Saaswizard.com is a dot-com domain. Dot com domains are the most valued domain extension in the world, used by famous websites like google.com. Owning a dot-com says that you own the word "saaswizard" online.