Overview
Spend Insights in Spendflo provides an in-depth analysis of vendor spending, allowing organizations to track total expenses, compare budgets, and optimize costs. This feature aggregates spending data across all vendors and apps, offering a centralized view of financial performance.
With Spend Insights, businesses can identify high-cost areas, monitor vendor spending trends, and align their budget with actual usage. This insight helps organizations make better financial decisions, reduce unnecessary spending, and improve budget allocation.
Key Benefits
Visualize SaaS Spend: Gain a comprehensive view of your company's SaaS spend and understand how much is allocated to different products, facilitating cost management.
Uncover Shadow-IT: Identify any unauthorized or untracked SaaS expenses, allowing you to address potential security and budgeting concerns.
Optimize Usage: Discover paid products that are underutilized or no longer in use, enabling you to reallocate resources and save money.
To learn in detail about the spend insights page, click here.
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