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Substly launches innovative discovery engine to optimize SaaS usage for SMEs

Substly launches SaaS discovery engine to optimize SaaS usage for SMEs

SaaS usage detected by Substly's new discovery engine

Understanding SaaS tool usage has become a pressing challenge for SMEs—Substly's SaaS discovery engine helps SMEs tackle SaaS sprawl.

Finally, SMEs have the same opportunity to follow up on their SaaS investments that larger companies have already enjoyed for a long time.”
— Ola Stål, Founder & CEO, Substly
GOTHENBURG, SWEDEN, February 12, 2024 /EINPresswire.com/ -- It has never been as critical or challenging for small and medium-sized enterprises (SMEs) to gain insight into the usage of SaaS tools in their business. Recognizing this growing need, Substly, a pioneering SaaS management company, has released its innovative SaaS discovery engine to empower management teams in SMEs to reduce SaaS Sprawl.

Substly’s technology provides companies with an automated and aggregated view of how SaaS is used across their organization and how much is spent. This enables increased cost control and guarantees a higher return on investment for their SaaS tools. All without the complexity of an enterprise solution.

"Finally, SMEs have the same opportunity to follow up on their SaaS investments that larger companies have already enjoyed for a long time," says Substly's founder and CEO, Ola Stål.

Enterprise plans have been a watershed in the past. While most SaaS management platforms cater to large enterprises, small and medium-sized businesses lack suitable options. Enterprise-level platforms typically integrate directly with other SaaS vendors, limiting access to companies on costly enterprise plans. Substly's innovative SaaS discovery engine doesn’t require direct integrations, thus changing this dynamic, making advanced features accessible to SMEs, and leveling the playing field.

Strategically leveraging a company's digital tools and technology yields substantial benefits. Founder & CEO Ola Stål emphasizes the significance of centralized SaaS management:
“Companies that haven’t yet centralized their SaaS management by consolidating everything in one place overspend by at least 25%. But SaaS management is also about operational efficiency, risk mitigation, and ensuring that every digital investment contributes to the business's overall success”.

About Substly
Substly is a Swedish tech company that provides customers with insights into SaaS usage and spending, allowing management teams to increase employee productivity, optimize costs, and enhance data security. Since its launch in 2020, Substly's SaaS Management platform has earned numerous awards and attracted users from more than 40 countries.

Ola Stål
Substly
ola.stal@substly.com
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