Spendesk

Connect Spendesk to Corma to automate Finance & Accounting practices around having better visibility into software budgets and reducing software cost and Identity Access Management (IAM) as a service

Corma teams up with Spendesk to help reduce software costs by providing comprehensive tools and insights for managing SaaS expenses. With its SaaS cost management platform, Corma tracks your applications and spending, offering clear visibility into where your money goes. This allows for precise forecasting of future expenditures. Furthermore, Corma automatically detects unused licenses, thereby optimizing your software expenses and reducing overall costs effectively. Corma's integration with Spendesk significantly enhances the management of software licenses and financial oversight for businesses. Here’s how this integration benefits companies:

Key Benefits of Corma and Spendesk Integration

  • SaaS Cost Optimization: By linking financial data from Spendesk with Corma's software usage metrics, businesses can easily identify and eliminate unused licenses. This helps in optimizing Software as a Service (SaaS) expenditures, ensuring that companies only pay for what they actively use.
  • Improved Financial Visibility: The integration provides finance teams with enhanced visibility into their software budgets. This allows for better tracking of spending patterns and facilitates informed decision-making regarding software subscriptions.
  • Automated License Management: Corma automates reminders for contract renewals and license cancellations, helping businesses stay on top of their software management tasks. This proactive approach minimizes the risk of incurring costs due to lapses in license management.
  • Data-Driven Insights: The integration allows organizations to collect actionable data that can be used to negotiate better terms with vendors during contract renewals. This strategic advantage can lead to significant savings and more favorable agreements.
  • Identity Access Management (IAM): Corma offers IAM as a service, simplifying user access management. This integration streamlines the process of validating access requests and managing user licenses, thus enhancing security and operational efficiency.
  • Continuous Monitoring: Corma continuously tracks software usage, providing detailed insights that enhance both security and cost efficiency. This ongoing analysis helps organizations quickly identify inefficiencies or potential security risks related to their software licenses.
Reduce software spend by optimising SaaS costs by cutting all unused software licenses.

The integration of Corma with Spendesk empowers businesses to manage their software licenses effectively while optimizing financial processes. By providing enhanced visibility, cost reduction strategies, and automated management features, companies can achieve significant efficiencies and make informed decisions that positively impact their bottom line.

Spendesk is a spend management platform designed to streamline the process of managing business expenses. It offers features for expense tracking, employee expense management, corporate card management, invoice management, and reimbursement workflows. Spendesk aims to simplify expense management for businesses by providing a centralized platform where employees can submit expenses, managers can approve them, and finance teams can track spending in real-time. The platform integrates with accounting software and offers reporting and analytics tools to help businesses gain insights into their spending patterns and make informed financial decisions. Spendesk is used by companies of all sizes to improve expense visibility, control costs, and streamline expense management processes.

Visit Corma.io if you want to know more about how we reshape Identity Access Management (IAM) and Software Licence Management. Transform the management of your SaaS software with Corma, the solution for centralising and rationalising your tools.Our IT copilot offers continuous monitoring of software usage, delivering detailed insights to enhance security and cost efficiency. It allows IT teams and managers to validate access requests and manage users effortlessly with a single click. Eliminate the hassle of unused paid licenses and manual allocation, boosting team efficiency and providing an exceptional user experience.

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Check out other integrations that could help you on managing your software licences and accesses. We continuously deploy new integrations to automate user provisioning, reduce software spend and modernise your IT governance overall.