SaaSTrax is designed to transform how companies manage and optimize the growing number of cloud-based applications purchased in the workplace – whether by individuals or departments. The software provides companies visibility into the often decentralized, employee-driven purchases of cloud-based software, identifies idle or underused software licenses, and provides critical insights and analytics to inform purchasing decisions and contract renewals. It gives instant visibility into a company’s database of subscriptions to clearly see wasted money, cost-saving opportunities, expiration notifications, and a breakdown of burn by department and user. A user-friendly dashboard paints a picture of where a company’s costs lie and where it can start saving money by eliminating underutilized subscriptions. Most importantly, our beta users have seen an average $10,000 cost savings from unused subscriptions. That’s a real, tangible value.
