SaaS Spend Management
Intelligent SaaS Spend Management: Optimize licenses, renewals, and contracts for cost savings.
Executive Summary
Torii's SaaS Spend Management solution provides businesses with a comprehensive platform to gain full visibility and control over their entire SaaS landscape. It is designed to address the challenges of bloated SaaS expenditures, license sprawl, and inefficient procurement processes across organizations of varying sizes and complexities. The platform acts as a centralized system of record for all SaaS applications. The solution encompasses key capabilities such as license renewal management, license optimization, centralized procurement process management, virtual card management, and vendor management. By leveraging intelligent insights and automation, Torii helps reduce errors, save time, and create a secure, unified workspace for managing SaaS. It also offers features for forecasting and financial operations (FinOps) integration.
Use Cases
- Optimizing SaaS license utilization and reducing waste
- Centralizing and streamlining the SaaS procurement and renewal process
- Gaining complete visibility into all SaaS applications and their usage
- Managing vendor contracts and relationships effectively
- Forecasting SaaS spend and integrating with FinOps tools
Features
Visibility
- SaaS Discovery & Inventory: Automatically discovers all SaaS applications in use across the organization, including shadow IT, to create a complete inventory.
- Usage Monitoring: Tracks actual usage of SaaS applications to identify active users, inactive licenses, and underutilized subscriptions.
- Spend Tracking: Monitors and categorizes all SaaS expenditures, providing a clear view of costs per application, department, and user.
Intelligence
- License Optimization: Identifies opportunities to reclaim unused licenses, downgrade subscriptions, or consolidate redundant applications for cost savings.
- Renewal Management: Provides alerts and insights for upcoming renewals, helping negotiate better terms and avoid auto-renewals of unwanted services.
- Cost Forecasting: Predicts future SaaS spend based on historical data and usage trends, aiding in budget planning.
Technical Specifications
- Deployment
- SaaS
- API Available
- Yes
Security & Compliance
Certifications: SOC 2 Type II, ISO 27001, GDPR
Pricing
- Model
- Contact sales
- Starting Price
- Contact sales
- Target Customer
- SMB,Mid-Market,Enterprise
- Free Trial
- Yes
About Torii
Torii is a SaaS Management Platform (SMP) that provides complete visibility and control over an organization's software stack. It offers robust solutions for SaaS spend management, identity governance, and IT automation, helping businesses optimize expenditures and manage applications effectively.
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