The customer used multiple SaaS apps to manage financial tasks, causing high complexity and costs. Consolidation was needed without compromising critical features.
Vendor Consolidation Reduces Cost by 50% For Falkonry
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Our finance team managed apps like Bill.com, Gusto, and SaaSOptics, but maintaining them became a hassle. CloudEagle's research led us to QuickBooks Advanced, reducing costs by 50% and streamlining operations. This strategic shift boosted efficiency, retained crucial features and increased ROI.
- Pratibha Mehta, Head of Operations, Falkonry
50%
Cost reduction
3
Apps consolidated
1473 hrs/yr
Saved on vendor research
Challenge
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Solution
CloudEagle's platform provided insights into alternative solutions. CloudEagle's data analysis and user reviews highlighted that QuickBooks Advanced could meet their needs.
Result
CloudEagle recommended eliminating Gusto and Bill.com and upgrading to QuickBooks Advanced. Data-backed insights from CloudEagle helped customers consolidate their apps and saved them 50% of the cost.
Key Highlights:
CloudEagle's insights pinpointed QuickBooks Advanced as a cost-effective solution, prompting the consolidation of two financial apps into one. By merging Bill.com and Gusto, Falkonry slashed software costs by 50%
Challenge
We managed three financial apps: Bill.com, Gusto, and SaaSOptics. Each served a specific purpose, like bill payment, payroll, and subscription management. However, juggling these platforms was time-consuming and costly for us.
Maintaining three separate systems consumed valuable time and money. The lack of integration led to redundant tasks and inefficiencies. Plus, keeping processes consistent and ensuring a smooth customer experience was difficult.
Our main goal was to consolidate these tools while maintaining essential features and customer support. This consolidation would streamline operations, improve efficiency, and cut costs in the long term.
Solution
"With pricing comparisons and streamlined decision-making, CloudEagle's data-driven approach reduced research time, leading to the swift adoption of QuickBooks Advanced."
- Pratibha Mehta, Head of Operations, Falkonry
Leveraging Customer Insights
Falkonry utilized CloudEagle's platform to swiftly isolate reviews of customers who migrated from Bill.com to QuickBooks Advanced. This focused search provided invaluable insights into factors such as support, availability, and reliability, aiding Falkonry's evaluation process.
Comparing Options
CloudEagle's platform presented a detailed comparison of pricing between QuickBooks Advanced and Bill.com. Highlighting QuickBooks Advanced as a robust alternative capable of replacing multiple tools, it facilitated a streamlined decision-making process for Falkonry.
Consolidation options
By evaluating user experiences and comparing features, CloudEagle's data-driven approach expedited Falkonry's transition. This culminated in the seamless adoption of QuickBooks Advanced as Falkonry's comprehensive financial solution, consolidating disparate tools into a unified platform.
Impact
Saving through consolidation
The customer successfully migrated to QuickBooks Advanced, eliminating Bill, SaaSOptics and Gusto. This strategic shift reduced software costs by 50% while simplifying app management.
Quick migration
CloudEagle's comprehensive data insights from analyzing 100K vendors expedited the decision-making process, ensuring a seamless transition to QuickBooks Advanced. By providing invaluable information and comparisons, CloudEagle facilitated a swift and informed migration.
Improved customer support and substantial ROI
The customer retained essential functionalities and improved customer support, delivering a substantial return on their investment. The transition saved significant costs and valuable research and diligence time, amounting to 1473 hours per year saved on negotiation, further enhancing operational efficiency.
