Controlling SaaS spend is not just about saving money. Or getting more productive. What employees – even CFOs themselves – underestimate is the degree to which software vendor and license management can impact a company’s future.
Cleanshelf now enables SaaS utilization and spend insight through integration with Okta Identity Cloud. Pair this visibility with Cleanshelf’s subscription renewal alert feature and financial leadership can make data driven decisions around an app’s usefulness to the business.
As startups wage battles against well-funded peers or industry juggernauts, pausing to perform basic SaaS spend or utilization audits simply isn’t happening.
To enable cultures of spend prudence, Cleanshelf has introduced Service Reviews. This feature creates a seamless, highly-visual experience whereby budget owners can automate service asks to contract owners based on the contract expiry date of software in question.
The 2017 version of the infographic on the state of business' SaaS spend based on the anonymised data of Cleanshelf customers and information found online.
Cleanshelf added a new capability to conveniently store all services connected to a specific credit card. Cleanshelf does all the work automatically and securely, through Plaid APIs so you don’t need to bother manually storing the information. This feature can save your team a lot of time whenever you need to change a credit card without risking suspended services.
A recent Gartner survey among CMOs showed that marketing budgets increased to 12 percent of company revenue in 2016. The same survey reveals the CMOs' Marketing Technology Spend Could Exceed CIOs' Technology Spend in 2017. IDC predicts CMOs will spend over $32BN on marketing technology in 2018.
SAN MATEO, CA — After raising a seed round from San Mateo-based FounderPartners, Cleanshelf — a company that tracks, optimizes and benchmarks clients' SaaS cloud software spend — made its first acquisition to beef up its software expense management solution. The startup has acquired Squrb, a UK-based specialist in tracking and management of cloud software subscriptions. Terms of the deal were not disclosed.