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SaaS use is growing rapidly – and will continue to do so for the foreseeable future. Gartner projects that SaaS will account for 45% of total application software spending by 2021.
The growing decentralized adoption of SaaS challenges Procurement leaders develop new and effective SaaS renewals strategies. A sound SaaS renewal strategy will:
- Reduce the financial impacts of missed renewals and redundant purchases.
- Increase visibility and awareness of an organization’s entire SaaS portfolio.
- Improve organizational security and data protection.
IT Procurement leaders: download Zylo’s newest ebook for best practices and strategies for approaching software application renewals in the age of SaaS.
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