BetterCloud Spend Optimization is a SaaS spend management solution designed to help IT, finance, and procurement teams gain control over their software investments. It replaces manual spreadsheets with automated insights into application usage, employee preferences, and contract data. The platform enables smarter decisions around renewals, license management, and vendor negotiations, helping organizations reduce waste and maximize ROI. With features like instant app discovery, usage tracking, sentiment surveys, and renewal alerting, BetterCloud empowers teams to collaborate effectively and optimize their SaaS stack.

Features

• Instant Application Discovery: Automatically identifies all SaaS apps in use across the organization.
• Usage Insights: Tracks adoption rates and feature-level usage to identify underutilized tools.
• Employee Sentiment Surveys: Gathers feedback on software preferences and satisfaction.
• Renewal Alerting: Notifies teams of upcoming renewals to avoid last-minute decisions.
• Savings Recommendations: Detects overlapping apps, duplicate accounts, and unused licenses.
• Contract Benchmarking (BetterRenewal): Compares uploaded contracts against a large database to support better negotiation.
• Visual SaaS Grid: Provides an intuitive interface to monitor and manage SaaS investments.
• Vendor Tracking: Monitors thousands of SaaS vendors and contract terms.

Benefits

• Cost Savings: Helps teams avoid overbuying and reclaim unused licenses.
• Improved ROI: Maximizes the value of SaaS investments through data-driven decisions.
• Streamlined Renewals: Empowers procurement with benchmarking data for better deals.
• Enhanced Collaboration: Aligns IT, finance, and end users around software needs and usage.
• Reduced Shelfware: Prevents waste by identifying unused or underused software.
• Compliance & Visibility: Ensures organizations maintain control and transparency over their SaaS environment.