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Ajay Ramamoorthy & A Ramamoorthy 2 min

What is SaaS Spend Optimization? SaaS Spend Optimization 101 ft. Jimmy Hallsworth |


Join Jimmy Hallsworth, VP of Procurement Strategy at Spendflo, as he breaks down the core concepts of SaaS Spend Optimization for finance and procurement professionals.



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Welcome to SAS Bend Optimization 101.

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I'm Jimmy Hallward, VP of procurement strategy at Spendflow.

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And to this series, we'll unravel the complexity of optimizing your SAS

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expenditures.

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Today, we kick things off with a fundamental question.

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What is SAS Bend Optimization?

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In the start of landscape, software as a service or SAS is the bedrock

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upon which operational excellence is built.

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But here's the catch.

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Software isn't free.

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And the way you manage your SAS subscriptions affects your bottom line.

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SAS Bend Optimization is about getting the most out of your software

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investments

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while minimizing waste.

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It largely has to do with strategically managing your SAS subscriptions

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to ensure you're not overspending or underutilizing resources.

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Now, how does this work?

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SAS Bend Optimization involves several key steps.

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First, discovery.

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You need to identify all your SAS subscriptions.

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This might be trickier than it sounds as different departments often sign up

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for their own tools.

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It's like being a detective, searching for all the software tools hidden

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throughout your organization.

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Once you have a comprehensive list, it's time to dig deep, analyze each

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subscription

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to understand its costs, usage, and relevance to your business.

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Second, rationalization.

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Not all subscriptions are created equal.

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Some might be redundant, outdated, or simply unnecessary.

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It's time to trim the excess and streamline your software portfolio.

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Picture it as decluttering your workspace for improved productivity.

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Third, negotiation.

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Don't forget that you can often negotiate better deals with SAS vendors.

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It's akin to hackling for a better gas price.

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Huh.

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This step can significantly impact your bottom line.

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Fourth, implementation.

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Finally, put your optimization plan into action.

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This involves monitoring usage, enforcing policies,

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and ensuring everyone is on board with a new software strategy.

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It's like driving your newly-tuned car with care to maintain that fuel

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efficiency

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in a nutshell.

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SAS Spint Optimization is the art of managing your software subscriptions

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and tell us you need to save money, enhance productivity, and drive your

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business forward.

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Join us in this series as we dive deeper into each of these steps

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and uncover the strategies and tools that can help you become a SAS Spint Optim

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ization Pro.

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Stay tuned for more valuable insights.

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(upbeat music)

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