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Zoom into SaaS Management for Lower Cost and Compliance with Zylo

1reports1reporting sources2022-07-18Update

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The average company spends $65 million annually on SaaS with nearly 40% wasted, and 55% of applications are misclassified in expense reports. These figures indicate significant SaaS spend waste, security risk, and compliance risk, requiring dedicated SaaS management tools for visibility.

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7月18日
  1. SAP Concur Blog
    Zoom into SaaS Management for Lower Cost and Compliance with Zylo

    A SAP Concur podcast conversation with Zylo co-founder Ben Pippenger discusses SaaS management. The average company spends $65 million annually on SaaS and uses about 323 applications, with nearly 40% going to waste. About 37% of applications are bought by employees via expense reports or P-Cards, accounting for about 7% of overall spend. 55% of applications are misclassified in expense reports.