Almost $3,000. That’s how much companies spend annually on SaaS subscriptions for each employee to use an average of eight (!) apps.
SaaS products have opened up a new world of business solutions, from marketing automation to project management and team collaboration. But reaping the benefits requires cash, and finance teams often don’t have great visibility into the total cost. As a result, the company may well be paying for products that few—or no—employees use, or that overlap in functionality.
Fortunately, spend management platforms like Navan Expense can help your organization better understand and control its SaaS spending. Here’s how to use it.
SaaS solutions provide a host of benefits and efficiencies to companies of all sizes. But without proper oversight, subscriptions can spiral out of control. Use Navan Expense to ensure your company has visibility into all of its subscriptions—and make the most of your SaaS spend.
Learn more about modernizing your spend management with Navan Expense
This content is for informational purposes only. It doesn't necessarily reflect the views of Navan and should not be construed as legal, tax, benefits, financial, accounting, or other advice. If you need specific advice for your business, please consult with an expert, as rules and regulations change regularly.