What is SaaS Spend and Why Accountants Should Care
Course Description
According to Gartner, software-related spend is expected to surpass $900 billion worldwide in 2023. While that’s a huge number, it’s not hard to believe considering the average organization subscribes to over 125 different software applications, totaling $1,040/employee annually. Unfortunately, anywhere from 25- 50% of this spend is wasted on provisioned licenses not regularly used by employees.
Join LeaseQuery accounting expert Rachel Reed and Lead Software Solutions Architect Stephen Hester as they walk through LeaseQuery’s newest accounting guide SaaS Spend Management for Accountants Explained: Why you should be tracking your company’s software subscriptions.
We will cover steps to take to build an effective SaaS cost optimization strategy and review how to understand the importance of controlling that spend for your organization. We will also discuss the benefits of implementing a SaaS spend management platform and point out key features to look for when researching solution options.
If you haven’t done so already, please download our guide to follow along throughout the workshop.
Learning Objectives
- Obtain an understanding of SaaS, SaaS spend management and SaaS spend management platforms
- Learn how to develop an effective SaaS cost optimization strategy
- Explore the practicality of SaaS spend management software and identify features that are essential from an accountant’s perspective
Prerequisites
- None
Who Should Attend
Accounting and finance professionals from entities who manage a medium-to-high volume of software contracts will benefit most from this event, along with CPAs who serve clients with a similar volume of software contracts.
Advanced Preparation
None
Special Offer!
Presenters
Rachel Reed
Rachel’s experience includes working in the audit practice at EY, where she served clients across a wide variety of industries in both the public and private sectors. As an Accounting Manager at LeaseQuery, Rachel guides potential clients through the benefits and functionalities of lease accounting technology. She is also dedicated to educating LeaseQuery’s customers on the new lease standards and supporting them through the implementation process.
Stephen Hester
As a lead solutions engineer, Stephen has a track record of technical delivery across a variety of industries. At LeaseQuery, Stephen is focused on collaborating with Revenue and Customer Experience teams to develop and deliver solutions for our customers with an emphasis on SaaS management.
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Date & TimeSep 27, 2023 – 1:00 PM ET |
Course Information
| COST | FREE |
| CREDITS | 1.00 hours |
| SUBJECT AREA | Information Technology |
| COURSE LEVEL | Basic |
| DELIVERY METHOD | Online |
Register for this webinar below.
SPONSOR STATEMENT
LeaseQuery is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBAregistry.org.
For more information regarding administrative policies such as complaints, please contact CPEinfo@leasequery.com.
PROGRAM CANCELLATION POLICY
If a program is cancelled, LeaseQuery will notify registrants via the email address that they used to register for the program.