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What is Toolspend?

Toolspend is an advanced spend management platform driven by artificial intelligence, designed to give businesses a thorough understanding of their expenses linked to AI and SaaS services through an integrated, automated dashboard. By establishing seamless connections with AI service providers and financial systems, it reveals genuine usage patterns, identifies which teams are incurring costs, and correlates token metrics with billing information. This platform goes beyond mere subscription tracking by analyzing usage habits, enabling it to detect underutilized licenses, redundant tools across various departments, and opportunities for reducing overpayments. Equipped with capabilities like real-time monitoring, alerts for unexpected spikes in usage, and monthly forecasting, teams can proactively manage expenses before invoices arrive. Moreover, it provides AI-driven recommendations, such as shifting to less expensive models or discontinuing unused resources, which supports organizations in reducing waste and effectively managing budgetary increases. Additionally, by utilizing its insights, businesses are empowered to make strategic decisions that significantly improve their operational effectiveness and drive cost efficiency. This holistic approach not only streamlines expense management but also fosters a culture of financial awareness within the organization.

What is Ploy?

Quickly discover, protect, and manage your SaaS applications in a matter of minutes. Effortlessly connect to identify all the SaaS tools being used by your team. Spot overlapping applications and licenses that employees no longer need. Evaluate apps that contain sensitive data and uncover potential risks within your supply chain. Ploy enables businesses to reduce unnecessary spending on SaaS, which can manifest in various ways. Ensure that all employees are properly removed from SaaS platforms to prevent paying for licenses that are not being utilized. Furthermore, Ploy automatically identifies any overlapping SaaS subscriptions, helping you avoid the expense of having both Jira and Asana at the same time. Collect data on licenses that are underused to make it easier to eliminate those that are redundant. Keep track of all applications registered by employees and their authentication methods. Guarantee that all personnel are fully offboarded to protect your data while also highlighting any inactive licenses. Leverage Ploy's workflows to optimize your onboarding and access management processes, thereby boosting overall efficiency within your organization. By utilizing these features, you will enhance your SaaS management, making it more effective and financially responsible than it has ever been. Additionally, you will gain better visibility into your software usage, allowing for more informed decision-making regarding your technology investments.

Media

Media

Integrations Supported

Amazon Bedrock
Bobsled
Ellie
EvaluAgent
Get Well
Google AI Mode
Liberis
Microsoft 365
Microsoft Azure
OAuth
OpenAI
Payfit
Sidekick
Slack
Solidatus

Integrations Supported

Amazon Bedrock
Bobsled
Ellie
EvaluAgent
Get Well
Google AI Mode
Liberis
Microsoft 365
Microsoft Azure
OAuth
OpenAI
Payfit
Sidekick
Slack
Solidatus

API Availability

Has API

API Availability

Has API

Pricing Information

$14.99 per month
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Toolspend

Date Founded

2026

Company Location

United States

Company Website

toolspend.com

Company Facts

Organization Name

Ploy

Date Founded

2023

Company Website

www.joinploy.com

Categories and Features

Categories and Features

Application Security

Analytics / Reporting
Open Source Component Monitoring
Source Code Analysis
Third-Party Tools Integration
Training Resources
Vulnerability Detection
Vulnerability Remediation

SaaS Management

License Management
Onboarding
Renewal Management
SaaS Operations Management
Shadow IT Detection
Spend Management
Subscription Management
Usage Tracking / Analytics
Vendor Management

Popular Alternatives

Popular Alternatives