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. Successful brands using three syllable names include Sainsbury's, KFC and Grammarly.
Saaswizard.com is a dot-com domain. Dot com domains are the most valuable domain extension in the world, used by famous websites like twitter.com. Once secured, a dot-com all but guarantees no-one else can outrank you for your own name in the long run.