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SaaS Cost Management: Strategic Tips for Modern Enterprises

  • Creating a centralized system to monitor all SaaS tools helps reduce shadow IT, track usage, and identify redundancies.
  • Regularly reviewing SaaS licenses and downsizing unused premium plans helps optimize costs.
  • Using benchmarking data for contract renegotiation can help avoid overpaying by up to 25%.
  • Leveraging automation and AI insights can identify underutilized resources and recommend optimization steps in real time.

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