2017 may officially be called the year of the software app explosion. Cue the finance and IT leaders’ audible gasps as comprehension of triple digit program usage sinks in. Productivity loss, wasted spend, and security implications are just three of many concerns raised by the accelerated presence of cloud services in today’s business.
Software as a Service has become one of the biggest line items on the corporate P&L. Complex pricing models and the lack of data points make it challenging for the finance teams to forecast spending. With Cleanshelf's insights into SaaS spend and usage you can make software cost planning a simple calculation.
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.