Forescribe is a SaaS management platform that utilizes AI to provide organizations with real-time visibility into their software subscriptions, enabling them to track usage and spending effectively. By centralizing SaaS lifecycle management, it helps businesses identify redundant licenses and optimize costs, ultimately reducing wasted expenditures.
Funding
Funding not disclosed
Founders
Product
Problem
Many organizations lack comprehensive visibility into their SaaS subscriptions, leading to inefficient spending, underutilized licenses, and potential security vulnerabilities. The decentralized provisioning of SaaS tools outside of IT control further exacerbates these challenges, resulting in wasted resources and increased cyber risk.
Solution
Forescribe is an AI-powered SaaS management platform that provides organizations with real-time visibility and control over their entire software ecosystem. The platform discovers all SaaS applications in use, analyzes spending patterns, and identifies opportunities for cost optimization. By centralizing SaaS lifecycle management, Forescribe enables businesses to eliminate redundant licenses, improve vendor negotiations, and enforce compliance policies. The platform's AI-driven insights and automated workflows streamline SaaS operations, reduce IT workload, and enhance overall security posture.
Target Audience
Forescribe is designed for IT, finance, and operations teams in small to large organizations seeking to gain control over their SaaS landscape, optimize spending, and improve security.
Features
- AI-powered discovery of all SaaS applications used within the organization, including shadow IT
- Real-time tracking of SaaS spending, usage, and effectiveness
- Identification of underutilized or redundant licenses for cost optimization
- Automated workflows for employee onboarding and offboarding to ensure optimal app usage
- Customizable dashboards and reporting tools for data-driven decision-making
- Integration with popular tools like Microsoft 365 and Google Workspace for accurate reporting and control
- App security monitoring to detect unsanctioned usage and strengthen security posture
- Predictive analytics for budget forecasting and smart app renewal management