There are companies that spend months negotiating contracts for a few essential SaaS tools, only to discover post-implementation that some are incompatible with their existing systems. The result? Wasted resources and missed growth opportunities. A hole in their budget is complimentary. With just a simple Google search, you come across alarming statistics about how most… Continue reading 7 Reasons Why You Should Invest in SaaS Buying Platforms
Author: Eshu Kalra
SaaS Shadow IT Silently Drains Your Budget: How SaaS Management Platforms Can Help
Every day the number of SaaS applications in shadow is increasing — where your IT and procurement teams are not looking. A recent survey found that 80% of employees use unapproved software applications for work purposes. This unauthorised use of cloud services, often without the IT department’s knowledge, is known as SaaS shadow IT. Shadow… Continue reading SaaS Shadow IT Silently Drains Your Budget: How SaaS Management Platforms Can Help
SaaS Buying Chaos: Are You Wasting Time and Money on Software Procurement?
SaaS spending is projected to reach $715 billion by 2028, representing a CAGR of 27.5% between 2021 and 2028. Despite this exponential growth, the SaaS buying and selling process remains outdated. It resembles its 2010 counterpart with its long sales cycle, low conversion rate, and minimal negotiations. If anything, businesses now find it even more… Continue reading SaaS Buying Chaos: Are You Wasting Time and Money on Software Procurement?
SaaS Spend Optimization: 10 Proven Ways to Reduce Software Costs
Let’s talk about something that’s been keeping a lot of businesses up at night—increasing SaaS costs. Those subscription fees add up quickly! According to recent reports, 57% of IT teams are feeling the pressure to cut back on their SaaS spending. And it’s not hard to see why. While shifting to SaaS can potentially reduce… Continue reading SaaS Spend Optimization: 10 Proven Ways to Reduce Software Costs
SaaS Procurement Management: A Buyer’s Guide
With the speed at which AI is being integrated into software, it would be a bad move if businesses decide to run their operations manually. And considering how quick businesses are to adopt new technologies, the rate of SaaS procurement is only going to go higher. This rapid growth means there will be a lot… Continue reading SaaS Procurement Management: A Buyer’s Guide
Master SaaS Lifecycle Management in 2024: A Go-to Guide
Businesses are rapidly moving towards cloud-based solutions to streamline every operation. However, this rapid adoption has led to a proliferation of SaaS applications, giving birth to new challenges in managing these diverse tools effectively. According to a Gartner report, companies are investing in an average of 125 different SaaS applications, spending over $1,000 per employee… Continue reading Master SaaS Lifecycle Management in 2024: A Go-to Guide
7 Tips for Efficient SaaS Contract Renewal Process
The contract renewal process is a pain point for many IT teams. It’s complex and fraught with critical timelines. And there’s always a risk of miscommunication or oversight. These stumbling blocks can lead to unfavourable terms that undermine business efficiency. However, a streamlined contract renewal process allows organizations to avoid costly lapses in essential software… Continue reading 7 Tips for Efficient SaaS Contract Renewal Process
The CFO’s Guide to Tech Spend Optimization: Best Strategies and Tactics
Businesses across industries are investing heavily in technology. A significant portion of their revenue is allocated to software, hardware, and various tech solutions. And it makes sense considering the role of tech in streamlining operations. According to estimates from consultants and research firms like Deloitte, small and medium-sized businesses allocate 6% to 8% of their… Continue reading The CFO’s Guide to Tech Spend Optimization: Best Strategies and Tactics
Everything You Need to Know About SaaS Spend Management in 2024
SaaS, or software as most people call it, has become an integral part of modern business operations. With the flexibility and scalability they offer, it’s no wonder that organizations of all sizes are looking for more and more SaaS solutions. However, as the number of SaaS applications within an organization grows, so does the cost… Continue reading Everything You Need to Know About SaaS Spend Management in 2024