Are You Paying for Too Many Software Products and Getting Less Value?
Have you ever actually taken the time to consider how many different software products your business is paying for? 
It’s commonplace to hear talk of canceling personal subscriptions like Netflix or Audible if you don’t use them as much as you hoped; But, auditing the software products you are paying for as a business seems less ordinary.
According to Flexera’s 2022 State of ITAM report, nearly 1/3 of a company’s SAAS spend goes to waste. Value in software is at the axis of two fundamental characteristics: cost and functionality. As you consider how to get the most value out of your business’ SAAS spend, you should consider these two
Functionality: Better Tools = More Value
The equation of functionality is simple, better tools mean more value. There are many variables that contribute to what makes software inherently better, but this is the basic formula.
For a software solution to be functional, it must provide complete and accurate data, be easy to use, and be robust. For a software tool to be phenomenal, it must be mobile, expandable, and understandable. In the world of software for business enablement, it must also help your business to grow.
Tools that are purpose-built for the industry that you’re working in also have an upper hand since developers can focus on the details that are important to your vertical.
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Source SalesChain
