Resources, feature releases and blogs to help you make procurement strategic.
Get in on the best SaaS buying practices.
Leverage the Power of Competition - Negotiation Tactics For SaaS companies.
You can’t blame vendors for making the most of the ‘don’t fix it if it’s not broken’ mindset that most companies have, to push their auto-renew contracts. But they don’t have to be the only...Watch now
Six crippling SaaS expenses and how to cut them
What organizations want? Speed and agility. To achieve that, what organizations need? Tools and automation. Everyone is looking for a simpler, faster, smarter..
SaaS Service Level Agreements: How to get the most from them
A service level agreement can be tricky to navigate and customers often find themselves burdened with confusing jargon, vague terms, and loophole exploitations.
How to evaluate SaaS agreements and the best practices to follow
Cloud adoption is becoming widespread, with companies accumulating many SaaS agreements and contracts. If these agreements aren’t properly reviewed or stored...
5 ways that SaaS spend management can save time and money
Software as a Service (SaaS) is expected to experience 16.8% growth by 2023, according to Gartner, despite the looming economic uncertainty. The forecast also p
8 different ways you are overspending in SaaS
There are many ways in which companies end up spending excessively on SaaS licenses and products. More ways than many can think of. This article outlines...
Organize your SaaS stack with appropriate Tags using Spendflo
Tagging your SaaS tools is helpful when your teams need to quickly find a group of tools belonging to a specific category. In simple words, it's like proper ..
What business leaders want from their SaaS buying: Five lessons from the Indonesia Economic Forum Round Table
SaaS is a sneaky expense but a humongous one for most businesses today. At the Indonesia Economic Forum round table, we spoke to a few business leaders...
How to evaluate SaaS agreements and the best practices to follow
Cloud adoption is becoming widespread, with companies accumulating many SaaS agreements and contracts. If these agreements aren’t properly reviewed or stored, it can create problems for businesses. As the SaaS stack grows, companies need to learn how to evaluate SaaS agreements and practice better cloud contract management.
The Complete SaaS agreement checklist: 14 things you need to know
Reading SaaS agreements may not be the most exciting. It often takes hours to read through Software-as-a-Service (SaaS) agreements for the new SaaS product that your business will be using. Going through a SaaS checklist is crucial in avoiding any loopholes in your process since they can significantly impact your business later. Here’s a complete SaaS contract checklist to look out for while closing or renewing your SaaS agreement.
A guide to tracking employee SaaS usage
Companies worldwide are embracing SaaS to increase the productivity of their workforce and thus increase business profitability. But unmonitored SaaS buying leads to SaaS wastage and leaky spends.
SaaS buying has become complex and expensive. It doesn’t have to be.
For employees, SaaS buying is easy. They pick the product they like, try it, buy it with their credit card, and reimburse at the end of the month. In essence, SaaS buying is decentralized.
Negotiating SaaS agreements: guiding principles to make better SaaS purchases
Businesses often find themselves stuck with a one-time purchase of SaaS applications they no longer need. Sometimes they get roped into signing a year-long agreement for a software that's needed for a few months and find out it is not budget-friendly in the annual plan. Negotiating a robust Software-as-a-Service (SaaS) agreement is elusive for modern hyper-growth businesses. This article aims to guide you through the solid fundamentals of what to look for in your upcoming SaaS agreements.
9 Clauses in SaaS Contracts to Watch Out For
SaaS Contracts that are crafted to govern the relationship between two parties are agreed upon by 97% of the customers in the United States without reading. If you are on the list, we don’t blame you. The average word count for terms of service in a SaaS agreement is about 8000 words and takes more than 60 minutes to read. With more than 100K spent on SaaS, and 150+ employees using them, you don’t have the time to read between the lines. But your organization also can't afford disputes like overspending, data loss, or security breaches due to negligence. To rescue you from the never-ending hole of terms and conditions, this article will explain the 9 contract clauses to evaluate and negotiate.
The Ultimate Guide To Software License Agreements - 2022
Reading a software license agreement can often feel like feeding a herd of hungry horses. You know all of them require attention, but not which one to give first. Every business, including yours, relies on software for daily tasks and operations. Ever wondered what the tiny pop-up on the screen that appears before making a software purchase means? Or are you amongst the other 90.6% of consumers who click ‘I Agree’ without even opening it?
Strategic procurement vs ad-hoc purchasing
SaaS procurement for your business is not about purchasing and receiving the software. Without strategic procurements, ad-hoc purchases would have you overpaying for SaaS and leave little room for negotiations. Hidden SaaS costs knock on your door and diminish your company's ROI on SaaS investments.
Why you should never auto-renew SaaS contracts
You and most SaaS buyers are fighting the same villain: auto-renewals. Unfortunately, most companies still make a very basic mistake: opt for auto-renewals for their SaaS purchases.
SaaS buying is broken
Don't buy SaaS the same way you buy other things online. Because unlike your favorite pair of sneakers that you bought online last Christmas and haven't used it since, there are more nuances when it comes to procuring SaaS. So what is the best way to buy SaaS? Let's figure it out through the eyes of our imaginary friend, Mark.
How to Reduce Your SaaS Costs? : A Complete Guide to SaaS Cost Optimization
In this age of SaaS, with service providers springing up every day, it becomes difficult for companies to assess and get the best prices suitable for their budget. Managing and reducing the costs involved is a totally different story. Here we explain how you can reduce upto 30% off your current/future spending.
SaaS Negotiation Tactics
Negotiation is an art and it’s not for everyone. There we said it! We dive into the evaluation of multiple tools and execution, giving little or no importance to spend. Here are a few pointers that’ll help you better..
6 Questions to ask yourself before buying any SaaS Product
100. That’s how many SaaS products a single company with fewer than 100 employees could end up using. To help make this process simpler and more effective, we’ve put together a list of the six questions you need to ask yourself before buying any SaaS. Lets get started!
5 alternatives to Auto- SaaS renewal: Building the right renewal strategy
You can’t blame vendors for making the most of the ‘don’t fix it if it’s not broken’ mindset that most companies have, to push their auto-renew contracts. But they don’t have to be the only way -- even if you find a SaaS product you want to stick with.
10 ways to reduce your AWS spend
Companies scrambled to panic-buy cloud services without much attention to usage, let alone optimization. In this guide, we show you how you can speed up your AWS cost optimization with a few trusted and recommended measures to reduce your AWS spend and maximize ROI.