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SaaS is also known as "On-Demand Software". It is a software distribution model in which services are hosted by a cloud service provider. These services are available to end-users over the internet so, the end-users do not need to install any software on their devices to access these services.
There are the following services provided by SaaS providers -
Business Services - SaaS Provider provides various business services to start-up the business. The SaaS business services include ERP (Enterprise Resource Planning), CRM (Customer Relationship Management), billing, and sales.
 
Document Management - SaaS document management is a software application offered by a third party (SaaS providers) to create, manage, and track electronic documents.
Example: Slack, Samepage, Box, and Zoho Forms.
Social Networks - As we all know, social networking sites are used by the general public, so social networking service providers use SaaS for their convenience and handle the general public's information.
Mail Services - To handle the unpredictable number of users and load on e-mail services, many e-mail providers offering their services using SaaS.
 

The term cloud refers to a network or the internet. It is a technology that uses remote servers on the internet to store, manage, and access data online rather than local drives. The data can be anything such as files, images, documents, audio, video, and more.
There are the following operations that we can do using cloud computing:

Developing new applications and services
Storage, back up, and recovery of data
Hosting blogs and websites
Delivery of software on demand
Analysis of data
Streaming videos and audios