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What is Saastrax?

SaaSTrax streamlines the oversight of software within your company, facilitating the easy detection of Shadow IT, tackling compliance issues, and reducing expenses. By examining your financials, you can uncover a detailed inventory of your SaaS applications. Perform an audit to gather insights on the software that employees claim to use, and assess the results of this audit to effectively recognize and minimize IT risk exposure. The platform's dashboard presents a summary of key metrics, such as waste, underused subscriptions, and total expenditures. You can centralize all your cloud software management in one place while ensuring accountability for each account, removing the necessity for monthly reminders to staff about expense reports. Furthermore, you will receive alerts when waste thresholds are met, bringing attention to important factors like subscription expiration dates, unused licenses, and possible security weaknesses. By incorporating these functionalities, your organization’s software management will not only become more efficient but also significantly bolster its security framework and operational effectiveness. This comprehensive approach ultimately empowers you to make informed decisions and optimize software usage across your organization.

What is SAP Intelligent Spend Management?

Manage all sources of expenditure across different categories to create a unified financial perspective. SAP’s solutions for spend management enable prompt and well-informed decisions that drive your organization’s growth. This encompasses both direct and indirect spending, alongside external services, temporary labor, travel, and additional expenses. Moving away from traditional and disconnected spend management practices toward a smarter strategy can lead to impressive outcomes, starting with streamlined invoice handling. By digitizing and refining your complete source-to-pay workflows, you can enhance control over spending related to both direct and indirect materials, identify fresh saving possibilities, and strengthen your supply chain. Moreover, effectively overseeing your external workforce and service providers throughout their entire lifecycle requires managing everything from onboarding and billing to tracking milestones, ensuring project completion, and facilitating secure off-boarding with quality assessments. In addition, you can aggregate and capture travel and expense data from nearly any transaction, which will improve your overall financial insights and decision-making capabilities. This all-encompassing strategy not only simplifies processes but also promotes sustainable operational excellence, ensuring your organization remains competitive in the long term. Ultimately, embracing such a comprehensive approach can lead to transformative growth and enhanced financial health.

Media

Media

Integrations Supported

Amazon Web Services (AWS)
GitHub
GitLab
Jira
Slack

Integrations Supported

SAP Ariba
SAP Concur
SAP Fieldglass
SAP Joule
SAP Store

API Availability

API Availability

Pricing Information

$500 per year
1-25 Employees
Free Trial Offered?

Pricing Information

Pricing not provided
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Webinars
On-Site Training

Company Facts

Organization Name

Saastrax

Date Founded

2018

Company Location

United States

Company Website

www.saastrax.com

Company Facts

Organization Name

SAP

Date Founded

1999

Company Location

United States

Company Website

www.sap.com/cmp/dg/intelligent-spend-management/index.html

Categories and Features

Vendor Management

Not specified

Categories and Features

Procurement

Contract Management
Invoice Processing
Purchase Order Management
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Purchasing

Contract Management
Invoice Processing
Purchase Order Management
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Spend Management

Spend Control
Supplier Management

Vendor Management

Supplier Master Data

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