SaaS Budget Planning Guide for IT Professionals
Dec 12, 2024
SaaS Management / Shadow IT
SaaS services are one of the biggest drivers of OpEx (operating expenses) for modern businesses. With Gartner projecting $247.2 billion in global SaaS spending this year , it's no wonder SaaS budgets are a big deal in the world of finance and IT. Efficient SaaS utilization can significantly affect both the bottom line and employee productivity. In this article, we'll break down this topic that sits at the intersection of finance and IT and walk through what SaaS budget planning is, why it matters, and how you can avoid common SaaS budgeting mistakes. Are you planning Your 2025 Budget? You're likely wasting 25% of your SaaS spend—ready to reclaim it? Start a FREE 14-Day SaaS Management Trial and Save 25% of Your 2025 SaaS Spend. What is SaaS budget planning? SaaS budget planning is the process of creating budget plans for SaaS expenses within an organization. The process typically involves collaboration between finance, IT, and SaaS application owners. On the surface, ...
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