How WeFunder Saved 50% on a SaaS Vendor Using CloudEagle.ai?

“Instead of switching to another vendor, CloudEagle’s negotiations helped us continue using the same tool by just minimizing the overages. I would strongly recommend you consider CloudEagle if you’re serious about realizing savings on your software spend.”

- 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

1320 hrs/yr

Saved in Procurement Negotiation

50%

Savings on a vendor

30 mins

For CloudEagle onboarding

Challenge

Wefunder relied on spreadsheets for SaaS spend tracking, which lacked real-time visibility.
This caused double spending on the same apps and poor tracking of vendor expenses.

Solution

CloudEagle.ai integrated with Wefunder’s finance system, revealing that only one-third of apps were tracked in spreadsheets.
The platform identified vendor overcharging and provided precise, anomaly-detection insights unavailable in financial systems.

Result

Wefunder stopped using spreadsheets and gained clear visibility into vendor spending and app usage.
CloudEagle’s data accuracy helped expose billing errors and improve SaaS spend management.

Challenge

Managing our SaaS applications through spreadsheets was time-consuming and error-prone. Without a centralized system, we had little visibility into vendor costs and often ended up paying for duplicate or unused subscriptions. This lack of clarity made it difficult to control spending or identify opportunities to save.

As a lean team, we didn’t have the time or resources to renegotiate contracts or optimize our SaaS budget. It became clear that we needed a unified SaaS management solution to track expenses, eliminate waste, and simplify vendor management.

Solution

CloudEagle.ai helped Wefunder optimize its SaaS buying by identifying ways to reduce extra charges on its compliance platform.
The CloudEagle.ai team took over negotiations, removing Wefunder’s prepaid commitment to avoid upfront costs and gain flexible terms.
Instead of switching tools, CloudEagle.ai focused on securing better pricing and terms with Wefunder’s existing vendor.
Their expert negotiation led to better cost control and smarter SaaS spend management for Wefunder.

Why CloudEagle.ai?

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

Wefunder chose CloudEagle.ai because their team uncovered ways to cut overages and improve contract value.
CloudEagle’s negotiation experts eliminated prepaid commitments and got better financial terms.
They focused on negotiating with the current vendor rather than pushing costly switches.
This strategic approach saved Wefunder money and increased flexibility in their SaaS agreements.

Impact

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

Cost-savings through negotiation

CloudEagle.ai's SaaS experts negotiated a 50% cost reduction for Wefunder’s compliance management tool.
By analyzing app usage data and leveraging benchmarking information, significant savings on overages were achieved.
This approach resulted in thousands of dollars saved for Wefunder, optimizing their SaaS spend.

Reducing cost and improving ROI

The 50% reduction in compliance tool costs directly improved Wefunder's ROI.
With more cost-effective solutions in place, Wefunder maximized their software investments.
The savings allowed Wefunder to reallocate resources to more critical business needs, further improving overall efficiency.

Increased productivity and time saved

CloudEagle.ai saved Wefunder’s procurement team 1,320 hours annually by handling vendor negotiations.
The platform streamlined the procurement process, allowing the team to focus on higher-value tasks.
Time saved on negotiations contributed to overall operational efficiency and increased team productivity.