With so many vital applications switching to a SaaS delivery and licensing model, most companies these days can't escape it. However, IT departments can quickly become overwhelmed with the amount of oversight required to keep things in line with corporate guidelines. Factors that must be considered include licensing management, compliance, budgets, and renewals.
Think about it—anyone in your company can sign up for a SaaS service, upload corporate data, customer data, or even PII or PHI (which is controlled by regulation), and use the software without much concern for the company's legal or compliance requirements.
This risk multiplies with each additional SaaS instance. Keeping track of all this can be a nightmare, even for hardened IT professionals. While IT and finance teams have been trying to manage SaaS within their organizations for many years, SaaS Management is still an emerging discipline. That's where our partner Zylo comes in.
Zylo alleviates the burden on IT and finance teams, offering to integrate, proactively monitor, and manage the purchasing, onboarding, licensing, renewals, and off-boarding of all their software-as-a-service (SaaS) applications. With the average company managing about 24 SaaS applications, Zylo's automation could significantly lighten your workload, giving you more time to focus on strategic initiatives.
Zylo is the only platform that provides 100% visibility into your SaaS portfolio. Their proprietary AI-powered Discovery Engine provides continual, frictionless monitoring of SaaS applications, usage, licenses, and total spend to create the industry's most accurate SaaS management system.
Rest assured, Zylo is not just another player in the field. With over $8bln in active SaaS spend under Zylo's management, it's clear that nobody has more data on SaaS applications and cost management strategy. This wealth of experience and knowledge is at your disposal, ensuring you're in safe hands.
Zylo has also made a concerted effort to simplify the implementation of its services. Because Zylo helps centralize disparate data, the most difficult part of integration is connecting Zylo with your systems. However, if problems arise—no worries! Each of Zylo's customers is supported by an expert SaaS consultant who assists with contract management, renewal process, and cost management.
At Hypershift, we believe in the power of inclusivity. That's why our services are custom-designed to benefit everyone in your company, not just IT and accounting. Zylo's vendor-agnostic application catalog and easy request/approval system empower all users, ensuring comprehensive awareness of available business tools and a transparent process for requesting those tools. Zylo is the perfect example of better technology leading to happier employees and increased productivity across the board.
But is Zylo worth it? Considering your ROI could be instantaneous, it's a no-brainer. An average business maintains more than 600 SaaS applications, up to 38% of which are underutilized or over-licensed. Zylo remedies this by consolidating redundant apps and multi-channel spend and automatically identifying and reclaiming inactive and underutilized licenses.
So stop throwing money into the paper shredder, and let Hypershift help you set up your new Zylo account today.