Advantages of SaaS Spend Optimization

Last edited 294 days ago by Jimmy Hallsworth

SaaS spend optimization is a collaborative effort involving IT, Infosec, and finance teams, each benefiting from its outcomes. IT minimizes SaaS waste, finance achieves cost-efficiency, and Infosec enhances security by eliminating overlapping and needless SaaS access. At Spendflo, we bring in value by managing all the above mentioned in a single place. The two major value adds that Spendflo brings in are

Reduced SaaS Expenditure

With valuable SaaS insights, companies can eliminate unused apps, streamline redundant ones, optimize licenses, and negotiate contracts effectively. These steps directly impact the bottom line, positioning the company for sustainable cost-effectiveness.

Enhanced Security

By eliminating unused or redundant SaaS apps, security vulnerabilities created by unchecked SaaS stack growth are closed. The process also identifies ex-employees with lingering access or obsolete project-related apps, bolstering overall security. Simultaneously, identifying similar-function apps with sensitive data across various departments contributes to a safer environment. Effective SaaS spend optimization empowers businesses to allocate resources efficiently and fortify data security.

Want to print your doc?
This is not the way.

Try clicking the ⋯ next to your doc name or using a keyboard shortcut (

CtrlP

) instead.