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How Babbel Saved Six Figures On Their SaaS With Թtv
Key results
Saved more than $600K as a Թtv customer
Saved 56% on their company’s main collaboration tool
On average, Babbel saves 12% per tool with Թtv
Award-winning language learning company, Babbel, turned to Թtv for visibility into their SaaS stack, price benchmarking, and negotiation support for their upcoming tool renewals. Before Թtv, Babbel’s procurement process was ad-hoc and lacked structure, and they were eager to consolidate everything in one place. With Թtv, Babbel manages 125 tools and saves six figures on their SaaS.
Results at a Glance
Babbel saved six figures on their SaaS cost within their first year as a Թtv customer. Using Թtv, Babbel saved 56 percent on their primary collaboration tool and 30 percent on a visual collaboration platform. With Թtv, Babbel was able to consolidate all their SaaS contracts and invoices in one place, giving them a clear overview of what they were spending and on which tools.
About
Babbel
Babbel was the world’s first language-learning app and is also the best-selling. Its intuitive lessons, which have led to over 10 million subscriptions being sold, center on learning a language through real-life conversations. To date, they’ve created 13,000 hours of content and more than 50,000 lessons across 14 languages. The Babbel method trains your brain to learn constantly and takes as few as 10 minutes a day.
“Having a single point of contact for all of these vendor negotiations has been key. It has freed up more time and mental capacity to work on things that we’re good at and that we should be doing. It’s reduced a lot of the mental load associated with negotiations and renewals.”
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