G2 Track
UnclaimedOptimize SaaS usage and spending with comprehensive visibility and data-driven insights.
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TL;DR - G2 Track
- Provides full visibility into all SaaS applications, contracts, and usage.
- Optimizes SaaS spend by identifying unused licenses, overlapping apps, and shadow IT.
- Empowers confident renewal negotiations with contract benchmarking data and usage insights.
Pricing: Paid only
Best for: Enterprises & pros
Pros & Cons
Pros
- Eliminates manual spreadsheet tracking for SaaS spend.
- Provides comprehensive data to negotiate better renewal terms.
- Helps identify and eliminate 'shelfware' and underutilized licenses.
- Offers deep insights into application adoption and feature-level usage.
Cons
- Specific pricing details are not publicly available, requiring direct inquiry.
- Relies on integrations for feature-level usage insights, which may not cover all applications.
Key Features
Instant application discoveryReal-time SaaS app identification and categorizationUsage insights by department and userEmployee sentiment surveysCustomizable compliance hub dashboardAutomated tracking of vendor compliance certificationsCustomizable dashboards for department and employee-level spendAccrual accounting for software expenses
Pricing
Paid
G2 Track offers paid plans. Visit their website for current pricing details.
About G2 Track
By Toolradar Team·
BetterCloud Spend Optimization is a SaaS spend management software designed for IT, finance, and procurement teams. It provides a unified view of an organization's entire tech stack, enabling users to discover all applications, track contract values, and monitor usage by department and user. The platform helps uncover Shadow IT, identify hidden SaaS expenses, and categorize applications using the world's largest SaaS taxonomy.
The software facilitates significant cost savings by identifying overlapping products, unused applications, and underutilized licenses. It also arms teams with critical data for renewal negotiations, leveraging a vast contract database for benchmarking and providing usage insights to right-size license quantities. With features like renewal alerts and a customizable compliance hub, it streamlines SaaS management, replacing manual tracking with automated, data-driven decision-making.
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G2 Track FAQ
How does BetterCloud Spend Optimization identify and categorize SaaS applications, particularly Shadow IT?
The platform utilizes the world's largest SaaS taxonomy (G2.com) for accurate, real-time identification and categorization of SaaS apps. This allows it to uncover both known and hidden SaaS expenses, including Shadow IT, by providing full visibility into all applications in use across the organization.
What specific data points does BetterCloud Spend Optimization use to help negotiate better software renewals?
For renewals, the software provides contract and pricing benchmarking data drawn from its comprehensive $35B+ contract database. It also offers app and usage insights, including adoption rates and feature-level usage, which helps organizations right-size license quantities and subscription tiers for optimal spending.
Can BetterCloud Spend Optimization track software expenses using accrual accounting methods?
Yes, the platform is capable of tracking software expenses over time using accrual accounting. This provides a more accurate financial picture for budgeting purposes, rather than just treating software as a one-time expense.
Beyond identifying unused licenses, how does the platform help optimize the overall SaaS stack?
In addition to identifying unused licenses, BetterCloud Spend Optimization helps optimize the SaaS stack by visualizing investments in an intuitive grid. This allows users to track application adoption rates, identify overlapping applications, detect duplicate accounts, and receive recommendations for further savings based on employee preferences and feature-level usage.
What kind of compliance features are included in BetterCloud Spend Optimization?
The platform includes a customizable compliance hub dashboard. This hub allows for the management of security questionnaires and provides automated tracking of vendor compliance certifications and their expiration dates, helping organizations maintain regulatory adherence.
Source: track.g2.com