SAP Concur podcast discusses SaaS management with Zylo co-founder. Average mid-size organizations use over 300 SaaS apps, large enterprises thousands. 37% of SaaS apps are purchased by employees online, leading to over $65 million in stealth spending annually, 40% wasted. Zylo helps organizations discover and manage SaaS apps, reducing security and compliance risks.
A SAP Concur blog post highlights that as businesses move to the cloud, lines of business deploying point solutions without oversight create cloud chaos. Citing Blissfully SaaS Trends 2020, the number of SaaS apps per company is up roughly 30% year over year, duplicate subscriptions increased 80%, and orphaned apps increased almost 100%. In enterprise-size companies, IT manages an average of 21,580 app connections, with 60% of the SaaS stack changing every two years. The article recommends finance and IT collaboration to select travel and expense solutions with strong ecosystems, automated integrations, and 24/7 support to control the chaos.