Why Do You Need SaaS Management?

Businesses operate in the digitalizing world day by day. For many companies in this age of technology, it increases reliance on cloud-based software known as Software as a Service (SaaS). This leads to increased interest in the SaaS industry. Gartner, a technology analyst, estimates that SaaS technology will be worth more than $100 billion by 2020. The reason for the increased interest in this industry is that businesses of all sizes are buying and using SaaS.

As SaaS technology is necessary for businesses, SaaS Management has the same value. With the increasing interest in the SaaS industry day by day, the need for organizations for SaaS management is also increasing. What is SaaS and why is SaaS management necessary, let's examine it together.

What is SaaS?

Software as a Service (SaaS) is a cloud-based service that allows businesses to access applications via a browser instead of downloading software to computers or business networks to run their software and update existing applications. This software application covers many applications from office software to communication networks. SaaS technology offers companies benefits such as availability, compliance, and operational management. What's more, SaaS technology offers lower upfront costs than traditional software downloads, enabling a wide range of businesses. In this way, applications become more usable, enabling every scale of business to save money.

SaaS is a type of software that allows organizations to access their data from any device with just an internet connection or browser. This web-based model includes and maintains all the content that makes up an application.

What is SaaS Management?

SaaS management manages which applications and tools are in use and who is using them. However, SaaS Management is more than that. It means having a broad understanding of the entire software stack of organizations, controlling usage and spending, monitoring compliance, and being able to respond quickly and effectively when needed. A good SaaS management system makes it easy to manage employee and vendor management, compliance audits, and maximize investments.

SaaS management monitors and manages all software-as-a-service (SaaS) applications in companies' technology stack. This includes all purchasing, hiring, licensing, and renewal factors. In addition, SaaS management helps companies access all sources of information about their applications. The purpose of using SaaS technology is to reduce the risk of unmanaged tools and technologies to improve purchased software while increasing the effectiveness of those using SaaS tools.

Why Do You Need SaaS Management?

Access and Management Control

An effective SaaS management defines who has access to companies' SaaS applications and at what level this access is. The SaaS platform also allows for easily enforcing these policies. This provides the convenience of data that should not be accessed by anyone and revoke access when necessary.

Transparent Management with SaaS

The SaaS management tool shows and manages which SaaS and cloud services businesses are using across all teams and departments. This ensures full transparency and offers the ability to see if certain tools have been approved by the IT department or fall within the shadow IT domain.

License Management and Usage Tracking

An effective SaaS management can control who has access to which licenses. This helps maintain compliance by preventing unnecessary allocation of licenses. It also encourages optimum use of the SaaS tool by identifying unused licenses that have been paid for. In this way, organizations get rid of unnecessary expenses and save costs.

Reporting

SaaS management provides real-time reporting to companies. Thanks to SaaS, businesses receive alerts for every change made, such as license renewal and contract. Thus, the control of the work process is ensured and productivity increases.