Employees are using company funds to buy necessities for work, such as tools, applications, office supplies, and subscriptions. “People feel that they have the ability to pay for something, or to buy something, and they use many different spend channels to do it,” shares Jeanne Dion, Vice President of the Value teams at SAP Concur. It was a growing problem that many organisations felt: “There was a growing and escalating issue around the number of applications and the amount of money that companies were spending on SaaS applications, and so we went out to solve that problem,” said Ben Pippenger, Co-Found of Zylo.
The average company spends $65 million annually on SaaS and has an average number of 323 applications, nearly 40% of it going to waste.
This four-episode podcast series celebrates Zylo as one of the SAP Concur Partner Award recipients. Listen to each of these featured award winners on our podcast channel, SAP Concur Conversations, for best practices and more.