{"id":2357,"date":"2022-08-25T09:48:15","date_gmt":"2022-08-25T16:48:15","guid":{"rendered":"https:\/\/www.golinks.com\/blog\/?p=2357"},"modified":"2024-10-01T12:42:02","modified_gmt":"2024-10-01T19:42:02","slug":"saas-management-guide","status":"publish","type":"post","link":"https:\/\/www.golinks.com\/blog\/saas-management-guide\/","title":{"rendered":"2025 Guide to SaaS Spend Management"},"content":{"rendered":"\n

The average company has a whopping 254 different applications<\/a> available for its employees. That avalanche of technology tools can be overwhelming for workers, but perhaps even more pressing\u2014it can be a major expense for employers. <\/p>\n\n\n\n

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\"2022<\/figure>\n\n\n\n
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After a rocky market in 2023, many companies are finding ways to tighten their belts and do more with less. One way that they can cut some costs (without reducing their workforce)? Effective SaaS spend management. <\/p>\n\n\n\n

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What Is SaaS Spend Management?<\/strong><\/h2>\n\n\n\n

SaaS spend management is the process of understanding, controlling, and monitoring the amount of money you invest in the various software platforms and technology tools for your team.<\/p>\n\n\n\n

As remote and hybrid work<\/a> continue to reign supreme, the adoption of digital technologies<\/a> on teams has continued to climb at record-breaking levels. <\/p>\n\n\n\n

When they’re implemented thoughtfully, those various software tools and platforms can give major boosts to productivity<\/a> and collaboration. But, if you aren’t mindful, spending on them can quickly snowball out of control. <\/p>\n\n\n\n

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How to Audit Your SaaS Stack<\/strong><\/h2>\n\n\n\n

So, how can you figure out which tools are worth investing in\u2014and what ones should hit the chopping block as you shift your budget to ride the waves of the current economic climate?<\/p>\n\n\n\n

When you want to figure out how to optimize SaaS spend, the best place to start is with an audit of your current tools. Your goal is to understand all of the software you’re currently paying for as well as how it’s being used. Here are a few quick steps to follow.<\/p>\n\n\n\n

1. Create a Simple Spreadsheet<\/strong><\/h3>\n\n\n\n

First things first, you need a place to organize and store all of the information you find. Keep it simple by creating a spreadsheet with the following columns: <\/p>\n\n\n\n