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Is it just me or does it feel like every department in your organization uses a different project management tool? The product team uses Aha, the marketing team uses Asana and the engineering team uses something else entirely.
When you consider that the average organization has 269 SaaS applications in their portfolio – and adds 6 new applications every month! – it’s not hard to believe that at most companies SaaS redundancy runs rampant.
It’s easy to poke at project management tools because the category is a known hot spot for redundancy – (check out other hot spot redundancy categories here). But the reality is: redundant SaaS applications cost your business big bucks.
At Zylo, we’ve long made it possible to see your redundant applications – both by spend and by application count – right in your dashboard. Now we’re making it easier than ever for you to start tackling and eliminating the redundancy within your SaaS portfolio with data-driven decisions.
Introducing App Compare
Our newest feature, App Compare, enables IT teams to compare up to 5 applications within a category. This apples-to-apples (or app-to-app) view allows you to compare key metrics of each application to understand ROI and inform which applications you can keep or deprecate.
SaaS Rationalization, Your Way
Every organization is unique, which means the criteria that you use to compare applications and make rationalization decisions will differ. So whether you’re concerned about cost, utilization, security posture, user sentiment or something else entirely, App Compare enables you to compare the metrics that matter most.
Fueling Cost Savings
Rationalization of your SaaS portfolio is a critical step in operationalizing your SaaS renewals. At every renewal, procurement teams should be asking whether they still need this tool and if there’s anything else in the stack that would be better to standardize on. App Compare helps IT and Procurement teams make quick comparisons to fuel better, smarter rationalization decisions.
More Functionality Coming Soon
Knowing that SaaS rationalization is a key way to improve your renewals and realize cost savings, we’re not stopping here. Stay tuned for more functionality coming soon that will help support your rationalization efforts by highlighting where you have employees using multiple tools for the same function.
It’s time to supercharge your SaaS rationalization efforts. Let us help you reduce SaaS costs and increase efficiency by optimizing your software license spend and request a demo today.
