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Do you know how many different SaaS tools are a part of your company’s tech stack? There’s a high chance we’re talking about three digits here. A SaaS management platform can definitely help you with a bird’s eye view of your entire stack, putting a spotlight on shadow IT and uncovering lost and forgotten SaaS tools.

But there’s more to really optimizing your SaaS stack: are all these identified tools really being used by the companies’ employees? 

According to �Թ�tv data, the typical company overspends by more than 30 percent on their SaaS costs. As it becomes easier to buy SaaS, companies without a dedicated SaaS procurement platform struggle with buying tools without visibility into usage. Over-licencing, shadow IT, and non-standardized tool approval processes at companies contributes to this problem. 

Introducing �Թ�tv Usage Analytics: Gain Full Visibility Into Your SaaS Usage And Save Significant Time and Money 

With �Թ�tv Usage Analytics, capitalize on the huge savings opportunity within your existing SaaS tools.

�Թ�tv provides visibility into key information for every tool part of your SaaS stack, including total spend, tool owner, renewal date and frequency, and much more.

Now, we’re taking it one step further, allowing businesses to also understand how their SaaS tools are being used. 

With the new �Թ�tv Usage Analytics feature, �Թ�tv customers can extract meaningful insights around tool usage.

HOW DOES IT WORK?

By connecting directly with your SaaS tools or major SSO providers, �Թ�tv will provide full visibility into license counts and usage.

Through SSO integration, �Թ�tv can collect usage information for multiple tools simultaneously. When relying on direct integrations with the SaaS tools, the captured data will be even more accurate.

When it comes to tool usage data, �Թ�tv can provide customers with actionable insights that lead to significant savings. It all depends on how the customer wants to connect their SaaS stack to �Թ�tv.”

HOW DOES THIS BENEFIT YOU?

These insights will give businesses key information that becomes instrumental as a tool renewal date approaches.

More often than not, SaaS tools are underutilized across the company, representing significant overspending. With Usage Analytics, �Թ�tv customers can rightsize their SaaS licenses to maximize savings.

At �Թ�tv we’re excited about this announcement which will support our customers to unlock a new dimension to analyze and optimize their SaaS stacks.

Included in all �Թ�tv plans, Usage Analytics is already available to hundreds of customers around the world. If you’re not yet a �Թ�tv customer, today to learn how to better manage and optimize your SaaS stack.