According to Gartner, software-related spend is expected to surpass $900 billion worldwide in 2023. While that’s a huge number, it’s not hard to believe considering the average organization subscribes to over 125 different software applications, totaling $1,040/employee annually. Unfortunately, anywhere from 25-50% of this spend is wasted on provisioned licenses not regularly used by employees.
Join LeaseQuery accounting expert Rachel Reed and Lead Solutions Engineer Stephen Hester as they walk through LeaseQuery’s newest accounting guide, SaaS Spend Management for Accountants Explained: Why You Should Be Tracking Your Company’s Software Subscriptions. We will cover steps to take to build an effective SaaS cost optimization strategy and review how to understand the importance of controlling that spending for your organization. We will also discuss the benefits of implementing a SaaS spend management platform and point out key features to look for when researching solution options.
Learning Objectives:
FinQuery
Team Lead, Technical Accounting Consultant
[email protected]
(800) 880-7270
Rachel Reed is a Lead Senior Technical Accounting Consultant at FinQuery. Rachel’s experience includes working in the audit practice at Ernst & Young (EY), where she served clients across a wide variety of industries in both the public and private sectors. Rachel graduated from the University of Mississippi (Ole Miss) with both a Bachelor’s and Master’s degree in Accounting.
FinQuery
Lead Solutions Engineer
[email protected]
(800) 880-7270
As a lead solutions engineer, Stephen has a track record of technical delivery across a variety of industries. At LeaseQuery, Stephen is focused on collaborating with Revenue and Customer Experience teams to develop and deliver solutions for our customers with an emphasis on SaaS management.