Tag archive for ‘business needs’

How to Monitor Your SaaS Costs More Effectively

by Admin - on Jul 12th 2017 - Comments Off on How to Monitor Your SaaS Costs More Effectively

Business man touching the word data managementYou probably spend the bulk of your days brainstorming ways to increase your revenue and expand your business. But sometimes, you don’t give much thought to minimizing spending and its implications to your bottom line.

Along with expansion comes waste or unnecessary costs, particularly software licenses and various SaaS services and products, if you’re not careful. While pinpointing the source of SaaS-related unnecessary costs can be difficult, below are some tips to help you monitor your SaaS costs.

Ask the Most Important Questions

Do you really need this SaaS product? If you stopped using it, how would it affect your operations? If the user can’t convince you or the team about the product’s value, might as well spend your resources on something else.

Encourage Innovation to a Certain Extent

Start by making it clear that you’re on board with using secure SaaS products to improve your business operations. Make sure that your team knows how to buy SaaS products, perhaps by creating guidelines regarding the most basic terms and factors to consider.

Monitor Key Things

These include point persons (in your team or vendor), costs drivers (contacts, data, licenses/users, etc.), frequency of payments, and payment methods (credit card statements, invoices), as well as terms of agreements and renewal dates.

Make a List

While it might take some time and digging, especially if you have a big organization, it will benefit everyone. Your team will appreciate the effort, especially when it is time to locate important details about your SaaS products and vendors.

Set Up Reminders

Once you have managed to organize everything, you can set up reminders or notifications in advance to help your team in managing SaaS vendors, renewals, and costs. Once a team member receives a reminder about a SaaS product he’s using, he must review his usage, evaluate the effects of using vs. not using the product, and depending on his evaluation, renew the contract. This way, you’ll feel more secure knowing that your SaaS costs are always justified.

Managing SaaS vendors and monitoring related costs should be a team effort, one that requires transparency, constant collaboration, and tools to make sure you’re using your resources well. Remember these tips to safeguard your bottom line from unnecessary costs and unexpected renewals.

Fly High: Definitive Reasons Your Business Needs Cloud

by Admin - on Aug 17th 2016 - Comments Off on Fly High: Definitive Reasons Your Business Needs Cloud

Cloud TechnologyDoing business has changed a lot. It’s come a long way from being dependent on bulky office equipment to being reliant on the Internet and streamlined machineries.

Perhaps, one of the most important technologies in decades is cloud. While many businesses have already been using this to their advantage, some still find it hard to grasp the whole thing. Simply put, cloud is one of the many kinds of Internet-based computing. In the business setting, many things are done on the Internet.

Tech companies, such as LoadSpring, say that cloud can benefit business in many ways. Read on to learn more:

No More Expensive Storage

Businesses have files that need proper archiving. Digitizing all these materials is a must, but deciding on the storage of digital files can be a bit tricky, given that it can be expensive and that you’ll need to shell out some money. Cloud, on the other hand, is not that expensive. It’s flexible and scalable. You can customize the storage space based on your current needs and expand it later should the demand arise.

Backups Made Easy

Regardless of the size of your business, you should invest in backups and disaster recovery. Cloud technology makes backups much easier. With all these benefits, the continuity of your business is ensured in case an unforeseen crisis happens. Lost hard drives and laptops are usually a problem, but with your data secured in cloud, you have every assurance that your business will be in the safe zone.

Promotes Collaboration

With cloud, the members of your team can share files and edit them online. This can be done anywhere. In turn, work becomes more collaborative. Furthermore, these files can be accessed from any device, from laptops to smartphones.

These are only some of the many benefits of using cloud for your business. Still undecided? Get a trial package and see the difference. You may consult your IT department for a more sound decision.