Feature release

October product round-up: Enhanced license management, fortified data security, and more

Published on:
November 3, 2023
Priyadharshini Venkatraman
Product Marketing Manager
Karthikeyan Manivannan
Designer
October product round-up: Enhanced license management, fortified data security, and more
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Newly launched:

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Launching Dynamic License Management

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With Spendflo Dynamic License Management (DLM), IT and RevOps teams can stop spending hours each week manually de-provisioning SaaS licenses and maintaining complex scripts.

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Dynamic License Management helps you define your app usage and inactivity criteria, measure and understand inactivity, and take immediate action through license reclamation or downgrades. This helps you save thousands of dollars per product and an immense amount of time.

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Launching Executive Dashboards

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With Spendflo's Executive Dashboards, gone are the days when sensitive financial data was accessible to all users on Spendflo. Finance, procurement, and IT data are now well protected. Here's a quick summary of the new dashboard views:

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1. Spend and Savings Dashboard

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This dashboard provides a holistic view of the SaaS metrics. This helps the finance team:

  • Get a quick snapshot of the overall spends, savings, and usage
  • Drill down the spends, savings by products, tools, usage, etc.

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No other role in the organization can access this dashboard, keeping your financial data safe and secure.

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2. Procurement Dashboard

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This dashboard can be viewed by the procurement team, finance team, and IT admins. It helps measure the SaaS procurement health at a glance. Procurement managers can track procurement efficiencies and view pending requests from their dashboards.

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3. Insights dashboard

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The Insights dashboard can be viewed by the finance team and the IT team and provides actionable insights on the state of SaaS. The IT team can now:

  • Get a quick snapshot of the overall apps, people, and spend
  • Complete any action required such as assigning owners to new apps, de-provisioning licenses for underutilized products, reviewing shadow IT, etc.

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Major upgrades:

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Sorting apps by the primary category: You can now see related products within the primary category of their tools. You can view the related, and possibly, duplicate apps in your stack along with the users, spend, and status for each app in the category.

OneLogin for HRMS integration: You can now get accurate spend and usage data thanks to Spendflo's integration with OneLogin for HRMS.

Auto-cancellation: Requests that are open 30 days from the request due date will be marked as Auto-Cancelled by the system.

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Minor Enhancements:

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SmartScan progress bar: We've added a progress bar to SmartScan to make the wait a little more bearable.

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Get started

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Want to begin your SaaS optimization journey? If you're a current customer and need help trying out our new releases, reach out to us here! If you're not yet a customer, sign up for free, or talk to us to see if Spendflo is the right fit for you.

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Need a rough estimate before you go further?

Here's what the average Spendflo user saves annually:
$2 Million
Your potential savings
$600,000
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Table of contents

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Talk to one of our expert buyers

Find out why dozens of Finance and procurement leaders use Spendflo to optimize their SaaS spend.

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In your demo with one of our expert buyers:
Renewals done for you
No more requests stuck in approval queues
No more contracts signed without a risk check
No more invoices paid without a PO match
4.6/5 on G2
With Spendflo, we finally have unified visibility. We can look in one portal and see all our spend, upcoming renewals, and how we’re actually using the licenses we’re paying for.
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In your demo with one of our expert buyers:

To date, with Spendflo:

$3.7B
software spend processed
30%
average savings
300+
procurement and finance teams