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Controlling SaaS spend is part of our business
SaaS usage often extends beyond the scope of the purchasing, finance, and accounting teams. It is easy to use and there are many tools available for free. However, when there is a 'cost' involved, purchasing, finance, and accounting teams are bound to be involved.
When SaaS payments begin with personal corporate cards, departments involved in purchasing and spending become increasingly inefficient. This is because SaaS spending and purchasing control are not in place. In order to secure the sound financial health of the organization, it is recommended to secure control over SaaS spending and create an environment where data-based decisions can be made.