finance Tag

Managing SaaS Part 1 – with links to all other parts.

 

The hardest part about working in compliance? People. People create challenges for compliance professionals. Yet, we need the cooperation of others to achieve organizational compliance.

 

Some of the best compliance people I have worked with treated compliance as a team goal. Their role was to help, educate, and guide others. SaaS management, at a minimum, can give you the visibility to know who to help and how urgently.

 

And more importantly, there are now some SaaS management tools that highlight vendor compliance status, and even help automate some compliance tasks.

 

Side note, if you haven’t looked, there’s an unexpected abundance of compliance-related memes (please note the Barbra Streisand one).

 

Managing SaaS Part 1 – with links to all other parts.

 

Did you hear about the guy that accessed hundreds of internal Slack accounts and other SaaS software through SaaS helpdesks? Or the “Sign In With Google” Phishing attack? That’s why you need to improve SaaS security.

 

Totally real SaaS hackers in action, finding that password someone cleverly gave to Slackbot for safekeeping.

 

Edit: Here are quick links to the other parts:

2. Discover applications and understand domain

3. Manage financials (costs, licenses, renewals)

4. Improve security

5. Comply with regulations and certifications

6. Manage vendors

 

 

Good question. In the era of spiraling SaS costs, companies want to know how to rein in cloud software.

 

What’s the solution?

 

Well, we think Alpin is at least part of the solution, and most likely, it’s all you need. What Alpin does has been called many things: SaaS Management. SaaS Optimization. SAM for SaaS. ITAM for cloud software. CASB lite.

 

We’ve tried our best to lay out the benefits for you here. There’s a lot to cover, so this is part one of a multi-part series. Here, we’ll quickly summarize the benefits in various areas:

 

 

It’s an interesting time to be a vendor manager. The number of vendors, often SaaS providers, continues to grow.

 

And much of that growth is shadow IT, where department heads or front-line employees are managing those SaaS relationships — if you can call signing up and setting up credit card auto-renewal “managing.”

 

“SaaS vendor management” has sometimes meant “crowdsourced vendor management.”

 

Why is that? As we’ve seen from research from Gartner and others, even CIOs have little clue just how much shadow IT exists at their own companies.

 

A CIO’s reaction when Alpin revealed 10x more cloud apps than they anticipated.

 

Firms have also been permissive of departments seeking out their own solutions, keeping themselves agile.

 

The reaction to that permissive attitude has begun. And whenever the next recession or correction hits, we should expect the pace to increase quickly, as the focus turns to rapid-fire cost-cutting initiatives.

 

And what will help SaaS vendor managers face this challenge? Ironically, more SaaS. But it only takes 1 app to bring order to the chaos.

 

Teamwork feels good. And tackling big projects requires organizational teamwork. Dealing with shadow IT problems and spiraling cloud software costs represent a key challenge for many organizations.

 

 

In the area of SaaS optimization, these two important functions find their interests closely aligned. Alpin is a tool used by finance and procurement execs to automatically manage cloud applications. If you want to know how to take back your day and get rid of mundane tasks, read on!

 

In recent blog posts and even an ebook, we explored just how much of an issue shadow IT has become – how it spreads and the actual issues shadow IT can cause.

 

You may be reading this now because you’re ready to tackle shadow IT before it becomes worse. You know about it and need to do something, or you risk looking negligent.

 

Acting alone, you may not be able to prioritize shadow IT. But working together with the relevant stakeholders and educating the right people can get you far.

 

Are you considering the need to better manage SaaS at your company? If you’re reading this post, there’s a good chance you are.

 

Cloud apps cause frustration to many people in an organization for a myriad of reasons.Today, we’ll take a quick look at 7 reasons you need a SaaS optimization tool.

 

Whether you’re simply exploring the need for this kind of tool or justifying purchasing one, these use cases should help you.