4 alid Steps to Optimize Your SaaS Budget

As companies increasingly rely on cloud services, the adoption of Software as a Service (SaaS) with usage-based billing models has grown. While SaaS offers numerous bene- fits, such as minimal upfront costs, flexibility, and accessibility across devices and locations, it can also lead to unintended expenses due to the complexities of managing licenses and the lack of regular cost optimization reviews.

Gartner, a leading U.S. consultancy, reported that companies spent $102 billion on SaaS in 2020, with approximately 30% of purchased licenses going unused. The report highlights the critical need for companies to optimize their SaaS usage.

This document outlines concrete methods to reduce unnecessary expenditures and optimize your SaaS budget.