Unlocking Massive Savings Through SaaS Expense Management
Over the course of the 2010s, corporate adoption of cloud productivity services skyrocketed. This meant that by the end of 2020, entire C-level teams were in for a rude awakening: spend on SaaS (Software-as-a-Service) subscriptions had increased with little control. Budgeting on SaaS spend became a matter of pricing without any real analysis being done on the multi-layered spending structure, revealing an overlapping set of dormant subscriptions and underused licenses. One global retailer thought it paid $80 million for 220 known SaaS apps - until an audit set the record straight.