Download the Beyond the Numbers 2024 Report
Buying and renewing SaaS and cloud isn’t just a money problem.
Understand the hidden costs of SaaS and cloud. As SaaS and cloud stacks quietly increase in number as a company grows, cost and contractual administration does too. As everyone focuses on company growth, high costs and administrative pain are holding your productivity levels back without you knowing.
Download the Beyond the Numbers 2024 Report
Buying and renewing SaaS and cloud isn’t just a money problem.
Understand the hidden costs of SaaS and cloud. As SaaS and cloud stacks quietly increase in number as a company grows, cost and contractual administration does too. As everyone focuses on company growth, high costs and administrative pain are holding your productivity levels back without you knowing.
Is all this spend being put to good use?
Put simply, duplicate and unused licenses cause contractual headaches, as your employees spend more time renewing licenses they don’t need. For example, Sales and Product departments have been found to have the highest rates of products being underutilized — 49% and 45%, respectively.
The average software contract now takes 60 days to renew.
If a buying and renewals process happened back-to-back, contract holders would spend 61% of their total working days being involved in software contract management processes. It peppers a normal working week with meetings and administration that a contract holder would rather not be spending their energy on. And it becomes a constant distraction that prevents full focus from being applied to other tasks.
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