Reducing nonessential SaaS applications

November 17, 2023

Amid ongoing economic uncertainty and recession concerns in the market, CFOs are making critical decisions regarding cost optimization and budget cuts.

Businesses are actively striving to be cash flow positive, but they seem to neglect a prominent cost escalator: software-as-a-service (SaaS) applications.

Organizations widely adopted SaaS applications in recent years, but many of them remain largely unaccounted for, inadequately tracked and poorly managed.

With organizations reporting that software spending is the third-highest expense after employee and office costs, consider these six strategies for reducing your software spending.

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