The growth of SaaS (software-as-a-service) is relentless. Companies use an average of 34 SaaS providers and 38% of companies are running almost entirely on SaaS. Chances are, if you run an event, venue or organisation, you're finding yourself taking on more and more subscriptions, and having more and more places to go to find and update your information. For any of those subscriptions that you combine - or receive multiple from the same place - you stand to make the following big savings.
1. Save money on license by purchasing a system in bulk. Maybe that's combining sales, marketing & CRM, in our case it's combining long-term project planning with readiness and testing before venue / event delivery. If you can keep related parts of your operations aligned, you'll save more than just money.
2. A similar part of the same coin: Discounts for large usage, and discounts for large number of products within the same system. Getting your whole team collaborating and using the same tools is essential for consistency and efficiency - get your contractors and stakeholders on there too - and lets you access any available discounts for large usage. For a comparatively small extra expense you can ensure that you're getting full value out of the software.
3. Save on training costs with similar UI across modules - saving time and money and making it easier for your team and any new onboards to get to grips with any software subscriptions you have. Ultimately leads to cheaper training, quicker training and better training, getting your team familiar with a software more easily and maximising the returns that you will see from using the software.
4. Useful data transfer through phases in similar format and with same information applied throughout. You might be viewing lead and customer information, project and delivery information, or internal HR or accounting data. Whatever it is, information is not only useful in one place at one time. Using multiple software systems in one allows you to transfer the same data through related phases - a huge efficiency gain.
5. Integrations. Really easily align different aspects of your operations. There has been a rise of the marketplace, allowing you to pick and choose the integrations you need with your software provider. This might not save you everything listed above - training costs etc - but the improvement in continuity is enormous.
SaaS plays a huge and essential role at every company, but the volume of subscriptions can be expensive - that's why we always want to make gains. The more software elements you combine, the more efficient you are and the more time and money you'll save. Similar look and feel across parts of your work, useful transfer of data, and integrations across software: these will all make your operations better.
To learn more about how WeTrack can help you save time, money or risk, take our quick ROI calculator here!