9 benefits from using a SaaS management platform for your organization

What is SaaS management?

SaaS management is a process of handling all the operations pertaining to software-as-as-a-service applications within a company. Complete monitoring and management including procuring, onboarding, offboarding, license provisioning, license renewal, and more.

What is the need for SaaS management?

According to Deloitte, 93% of the CIOs participating in the survey said they are adopting or planning to adopt cloud SaaS in their organization. In a time where the cloud-based SaaS adoption is at its all time high in companies across sizes and industries, let’s look at some of the reasons to consider a SaaS management platform.

  • Managing multiple vendors and contracts

According to CIODive, companies on average have over 200 apps in their SaaS portfolio. Managing all the vendors and contracts could take a significant resource from IT and Finance teams. Not to mention the limitations it poses while taking strategic decisions due to the fact that there isn’t a single dashboard to see all the metrics that matters to the IT leaders.

  • No transparency into the full tech-stack

When you manage tens and hundreds of different vendors, who offer their own dashboard with deep insights for you to track their apps, most often they differ from other vendors and will not be compatible with each other.

  • No insights into unused apps or licenses

When managing hundreds of apps and thousands of employees with multiple dashboards, it’s effortlessly easy to miss all the unused apps and licenses which take up thousands of dollars from your IT budget.

Key benefits of using SaaS management platform:

  1. Avoid dealing and negotiating with multiple SaaS vendors
  2. Track usage and license management
  3. Bring transparency into spend and contracts management
  4. Manage the complete SaaS portfolio in a single platform
  5. Save time for IT teams with workflow automations
  6. Real-time reporting
  7. Avoid renewal of unused app licenses
  8. Prevent and reduce shadow IT
  9. Optimize SaaS spend

Avoid dealing and negotiating with multiple SaaS vendors

SaaS management platforms will negotiate with the vendors on behalf of you. Since they facilitate the buying process for hundreds of companies and thousands of licenses, they possess the buying power to reduce the costs.

Track usage and license management

SaaS management platforms provide a single point dashboard with different roles for your entire team to efficiently track the apps and usage metrics across teams, departments and regions.

Bring transparency into spend and contracts management

A single consolidated invoice for all your SaaS spend gives you transparency and provides insights into how your SaaS budget is spent.

Manage the complete SaaS portfolio in a single platform

All-in-one dashboard to support the complete lifecycle of all the apps that your organization uses such as onboarding, offboarding, license provisioning, license renewal, and more.

Save time for IT teams with workflow automations

SaaS management platforms such Spenza, who have deep integrations with the apps, allows IT teams to create workflow automations to maximize productivity and save time with rules based automations.

Real-time reporting

SaaS management platforms provide insights into important metrics such as usage, renewal, etc. in real-time to optimize the SaaS operation in your organization.

Avoid renewal of unused app licenses

Never waste money on auto-renewals of SaaS apps and licenses which are no longer used.

Prevent and reduce shadow IT

With hundreds of apps to choose from the marketplace including multiple options in the same category, and one click license provisioning, you can fulfill all your organizations SaaS needs.

Optimize SaaS spend

AI enabled platforms like Spenza monitor the usage and provide personalized recommendations to upgrade or downgrade the plan or suggest a better app to best suit your needs.

Conclusion:

As per the Annual SaaS Trends Report, companies spend an average of $2,884 per employee on SaaS. Spenza, an end-to-end SaaS discovery, management and optimization platform guarantees up 30% save on your SaaS spend along with streamlining the SaaS operation as well. Contact us to get a free SaaS audit to learn how much you could be saving on SaaS.

Share on facebook
Share on twitter
Share on linkedin

Recent Posts

Scroll to Top