This startup offers a management platform that provides SMEs with centralized visibility and control over their software assets, enabling them to track usage and optimize subscription costs. By reducing unnecessary software expenses, the platform enhances operational efficiency and helps businesses allocate resources more effectively.
Funding
Funding not disclosed
Founders
Product
Problem
Small to medium-sized enterprises (SMEs) often lack a centralized view of their software assets, leading to difficulties in tracking software usage across the organization. This lack of visibility results in unnecessary software expenses due to unused subscriptions, missed renewal dates, and inefficient user offboarding processes.
Solution
LicenceOne provides a SaaS management platform that gives SMEs centralized visibility and control over their software subscriptions. The platform automatically detects and updates all online applications used within the organization, enabling businesses to track application usage, manage spending by team, and receive alerts for upcoming renewals. By mapping user login activity and streamlining the user offboarding process, LicenceOne helps companies optimize their software spend and eliminate waste. The platform integrates with relevant data sources to provide a comprehensive overview of an organization's SaaS ecosystem, allowing for informed decision-making and cost savings.
Target Audience
The primary target audience includes finance teams seeking to reduce software spending, IT teams aiming to track authorized and unauthorized app usage, and team managers looking to streamline invoice collection and user offboarding.
Features
- Automatic app discovery and continuous updates of online applications
- Spend management tools to track software expenses by team and payment history
- Renewal management features with alerts for upcoming renewals
- App usage tracking to monitor user login activity for both paid and free SaaS applications
- User offboarding tools to manage access and optimize user licenses
- Customizable matching rules to link payments to specific applications
- Integration capabilities with various data sources for comprehensive SaaS ecosystem visibility
- SaaS savings calculator to estimate potential cost savings