What is SaaS Spend and Why Accountants Should Care

Participants of the free live webinar will be eligible for 1 CPE credit.

Regsiter

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 Software Solutions Architect 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 spend 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.

If you haven’t done so already, please download our guide to follow along throughout the workshop.

Learning Objectives

• Obtain an understanding of SaaS, SaaS spend management and SaaS spend management platforms
• Learn how to develop an effective SaaS cost optimization strategy
• Explore the practicality of SaaS spend management software and identify features that are essential from an accountant’s perspective

Prerequisites

• None

Who Should Attend

Accounting and finance professionals from entities who manage a medium-to-high volume of software contracts will benefit most from this event, along with CPAs who serve clients with a similar volume of software contracts.

Advanced Preparation

None