With the sheer number of SaaS applications used today, organizations are often left with lingering questions. What applications do we even have? Are we actually using them all? Who’s responsible for managing and renewing them?
In response to economic volatility and excessive SaaS sprawl in previous years, many companies are now prioritizing rationalization, seeking to streamline their tech stacks for cost efficiency. leaving the rest untouched. This often results from employees exiting the company or changing roles without their licenses being adjusted accordingly. Some applications also simply don’t achieve the expected levels of utility or adoption.
• Rationalize your SaaS portfolio. Conduct a thorough review of your existing applications, identifying unused or underutilized tools. These recovered funds can then be reinvested to fuel innovation.