SAAS stands for "Software as a service". A perfect business name for any business in this industry.
The name "saaswizard" has 10 letters and three syllables. Successful brands using three syllable names include Delicious, Verizon and Mastercard.
Saaswizard.com is a dot-com domain. Dot com domains are the most valuable domain extension in the world, used by famous websites like facebook.com. A dot-com is the first thing people think of when they think of a website.