Wefunder Identified They Were Spending Twice on a Single Application

CloudEagle simplified our SaaS spend management, uncovering spending discrepancies that went unnoticed by our previous financial systems. It promptly identified and aided in streamlining our expenses.

- Sophie Wang, Director of Finance, Wefunder

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Get Free Savings Analysis

20%

Reduction on SaaS spend

1830 hrs/yr

Saved in SaaS management

1180 hrs/yr

Saved in renewals

1530 hrs/yr

Saved in SaaS Management

30 mins

Onboarding time

$400K+

Savings Realized

Challenge

Wefunder relied on spreadsheets, lacking a real-time, comprehensive view of SaaS spending.
This caused double spending on the same application and poor tracking of vendor expenses.

Solution

CloudEagle integrated with Wefunder’s finance system, revealing that spreadsheets only tracked one-third of the applications used.
CloudEagle identified overcharging by a vendor billing both annually and monthly for the same app due to a vendor finance team issue.

Result

Wefunder abandoned spreadsheets for CloudEagle’s accurate vendor and app spend data.
The integration uncovered discrepancies missed by financial systems, improving anomaly detection and spend clarity.

Challenge

Our IT team struggled to keep up with user provisioning and deprovisioning across multiple SaaS apps. With limited resources, managing access manually was repetitive, slow, and error-prone. Logging into each app individually to update user permissions took valuable time away from more strategic work.

Relying on spreadsheets for role-based access management quickly became inefficient. We needed an automated system to streamline user access, improve accuracy, and free up our IT team to focus on higher-priority tasks.

Solution

CloudEagle.ai’s onboarding took only 30 minutes and was fully connected with Wefunder’s finance systems. This gave a clear, complete view of all their SaaS apps, revealing some that were untracked before.
The platform spotted hidden fees, like a monthly charge for an app Wefunder had already paid for annually. Fixing this saved money and avoided future billing errors.
CloudEagle.ai’s tight integration ensured every app and charge was tracked accurately, offering full transparency into SaaS spending.
This visibility allowed Wefunder to find ways to optimize costs, streamline buying, and prevent paying for unused software.

Why CloudEagle.ai?

WeFunder evaluated several solutions but chose CloudEagle.ai for three key reasons:

Wefunder chose CloudEagle.ai because it onboarded quickly and showed their entire SaaS stack right away.
CloudEagle found hidden fees, helping resolve billing issues and save money.
The platform tracked all apps in use, showing gaps where spreadsheets missed many.
With a complete SaaS view, Wefunder could better control spending, avoid errors, and make smarter decisions.

Impact

“Savings started from day 1 as we had actionable insights from CloudEagle to optimize our SaaS spend.”

Complete SaaS Visibility

CloudEagle.ai provided Wefunder with a comprehensive view of all vendor spend, helping them identify duplicate payments.
With this full visibility, Wefunder saved $400K by quickly eliminating unnecessary costs.
The platform's real-time data helped them better manage their SaaS stack.

Saving Time and Effort‍

By replacing spreadsheets with CloudEagle.ai’s centralized dashboard, Wefunder saved 70% of the time spent on SaaS management.
The switch allowed the team to save 1,530 hours annually on app management.
CloudEagle.ai's platform simplified the process, allowing for more efficient resource allocation.

Catching and Eliminating Discrepancies

CloudEagle.ai’s integration with Wefunder’s financial system enabled the team to catch discrepancies that otherwise would’ve gone unnoticed.
The platform flagged anomalies in spending, providing a proactive approach to financial oversight.
This added layer of oversight ensured more accurate and timely decision-making.