In today's fast-paced business landscape, seamless and comprehensive solutions are the keys to success. Software-as-a-Service (SaaS) applications have transformed the way companies operate, enabling them to work more efficiently, communicate effectively, and drive growth. However, many businesses find themselves ensnared in a complex web of external plugins and SaaS integrations, leading to operational inefficiencies and spiraling costs. Recent research from Blissfully reveals that the average company with 200 to 500 employees uses about 123 SaaS applications. It's a staggering number that underscores the importance of a holistic solution like Core 365, which eliminates the need for external plugins and integrations.
Blissfully, a New York City-based startup specializing in SaaS application management, offers a unique insight into the evolving SaaS landscape. According to their report, "2019 SaaS Trends," companies are rapidly changing their SaaS stacks, with over 40 percent of the average company's SaaS applications changing within the last two years. This rapid evolution introduces challenges in managing these applications effectively, including issues related to turnover rate and duplicate subscriptions. Core 365 emerges as the solution to simplify and optimize this complex environment by offering an all-in-one suite of features.
One of the most striking findings of Blissfully's report is that nearly three-quarters of companies with 100+ employees have "orphaned" SaaS subscriptions. These subscriptions lack billing owners, usually because the billing owner has left the company. Such situations often result from a reliance on external plugins and disparate SaaS integrations. Core 365 steps in as a cohesive platform that centralizes your software stack, ensuring that no subscriptions are left unattended, and costs are kept in check. With Core 365, businesses can rely on a complete suite of features without the need for external integrations.
Blissfully's research highlights that most SaaS applications are concentrated in sales/marketing, business operations, and engineering departments. Surprisingly, marketing accounts for only a small share, emphasizing the need for a comprehensive solution that covers all departments. Core 365 recognizes the importance of an all-in-one approach, offering a unified platform that bridges the gaps between various departments and promotes efficient cross-functional communication.
For midsized companies, the report reveals an average of 32 different billing owners for SaaS subscriptions. This complexity can lead to confusion, billing discrepancies, and wasted resources when relying on external plugins and integrations. Core 365 simplifies these complexities by providing a unified platform that covers all aspects of subscription management and minimizes errors, ensuring that you don't need to rely on external integrations.
Blissfully's data reveals that spending on SaaS applications has significantly increased since 2014, with an average annual spend of about $343,000 per organization. The cost per employee averages $2884, and for larger companies with 500 to a thousand employees, this figure rises to an average of $3570 per employee. With Core 365, businesses can control these costs, optimize spending, and ensure that their organization gets the best return on its SaaS investments, all without the need for external plugins and integrations.
SaaS applications have become integral to modern businesses, but managing them efficiently is a challenge, especially when relying on external plugins and integrations. They are often accessible to multiple owners and managers across an organization. Blissfully's report provides rare insights into how these stacks operate, highlighting the importance of a comprehensive solution like Core 365.
One of the unique aspects of Core 365 is its adaptability and collaboration features, making it suitable for various departments, including customer service, IT, and sales. This flexibility ensures that your business can leverage the full potential of SaaS applications, maximize productivity, and eliminate the need for external integrations.
Furthermore, as SaaS applications become increasingly integrated with each other, it's vital to stay on top of which tools are handling your company's customer data. Core 365 offers the capability to streamline data management and ensures that your business remains compliant with data protection regulations, all within a comprehensive suite of features that doesn't require external integrations.
In conclusion, the era of SaaS applications is here to stay, and businesses must adapt to thrive. However, managing multiple applications and external integrations can be daunting. Core 365 offers a compelling solution to streamline your SaaS stack, improve operational efficiency, and control costs without relying on external integrations. As Blissfully's research indicates, the business landscape is evolving rapidly, and it's crucial to have a trusted partner like Core 365 to navigate the complex world of SaaS applications successfully. Say goodbye to integration overload and embrace the future with Core 365, your all-in-one solution that eliminates the need for external plugins and integrations.
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