Our customer’s IT and financial teams faced difficulties identifying cost optimization opportunities for the acquired entity. They lacked visibility over the entity’s applications, vendors, and total spend.
CloudEagle Provides Spend and Usage Visibility for Acquisitions
20%
Reduction on SaaS spend
1830 hrs/yr
Saved in SaaS management
1180 hrs/yr
Saved in renewals
44
Types of custom reports
70%
Time reduction on SaaS management
30 mins
For CloudEagle onboarding
Challenge
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Solution
CloudEagle's advanced reporting aligned perfectly with the customer's needs. It provided reports on spending by each entity and cost center, along with app usage and cost optimization opportunities through integrations.
Result
Thanks to custom reporting, our customers could track spend by entity and cost center, improving budget management. They consolidated overlapping ones, reducing costs and increasing savings.
Challenge
Our customer is a popular Residential and Commercial service provider that often acquires other organizations within the same industry.
Post-acquisition, our customer wanted to identify duplicate apps or where contracts could be merged between the two companies They wanted to report spend by entities so they could accurately report on budgets.
- Due to the decentralized SaaS buying and management processes, the IT team lacked visibility into what vendors were paid and which apps were used for the acquired company.
- Identifying cost-saving opportunities became challenging for the team as they struggled to detect overlapping applications or apps with unused licenses.
Not just the IT team but even our customer’s finance team faced challenges:
- There was no accurate report on how much each department spent on the applications, the licenses used, or the ROI realized for the money spent.
Solution
- CloudEagle.ai generated detailed spend reports by entity and cost center, giving complete visibility into organizational spending patterns.
- Integrating with SSO, finance, and HRIS systems, it provided a unified view of app usage, vendor spend, and departmental costs.
- The advanced reporting module enabled custom reports for ROI analysis and smarter, data-driven decisions.
- Historical spend data offered insights into long-term trends, helping identify cost-saving opportunities.
Why CloudEagle.ai?
The customer chose CloudEagle.ai for three key reasons:
- Centralized spend data from multiple systems for easy financial tracking.
- Seamless integrations ensured accurate app usage, payments, and expense tracking with little manual effort.
- Robust reporting tools provided deep insights to improve budgeting and ROI management.
Solution
CloudEagle's advanced reporting aligned perfectly with the customer's needs. It provided reports on spending by each entity and cost center, along with app usage and cost optimization opportunities through integrations.
Impact
“Savings started from day 1 as we had actionable insights from CloudEagle to optimize our SaaS spend.”
Usage Optimization
CloudEagle's integrations revealed all applications used by each entity, including active users and unused licenses. App usage data exposed considerable waste from unused licenses, helping the IT team identify overlapping applications and optimize their SaaS stack for substantial expense savings.
Financial Intelligence
Our 44 custom reports enabled IT and finance teams to analyze spend by entity and cost center, correlating it with usage data to calculate ROI for each application. They eliminated poor-performing apps and consolidated overlapping contracts with the parent organization for increased cost savings.
Operational Efficiency
CloudEagle completed comprehensive analysis in just 10 days versus the typical 6-12 weeks of manual effort. This eliminated tedious spreadsheet work, financial transaction comparisons, and cross-team coordination, saving the team 630 hours annually - a 70% time reduction in SaaS management.
