Best Practices To Balance Risk And Innovation In The Age Of SaaS

We launched Zylo to solve the immediate challeng- es (e.g. visibility, spend, utilization, security, etc.) that many progressive companies were experiencing due to Cloud software’s rise. As SaaS companies adopt open- source software frameworks and SaaS providers inno- vate rapidly, we project that the SaaS explosion will only continue.

At Zylo, we believe SaaS will overtake traditional in- stalled software. For example, one of Zylo’s largest en- terprise customers (40K employees) recently analyzed their cloud vs. on-prem footprint and found that for the first time in company history, Cloud overtook traditional software.

Regardless of the size of the company in which you work, now is the time to build a strategy around your enterprise-wide SaaS investment. Now is the time to enact the same level of rigor and controls around SaaS that have traditionally been placed around all other large categories of investment in the company. Now is the time to professionally manage SaaS.

At the ProcureCon Indirect West conference, Zylo was fortunate enough to host a panel discussion with IT and Procurement leaders:

We have collated our three ProcureCon leaders’ insights into six best practices for balancing risk and innovation in the age of SaaS.

1. Set Expectations: Security and Innovation
2. Build a Standardized Intake Process
3. Discover All SaaS in Your Environment
4. Build Relationships with Business Owners
5. Determine Thresholds to Push Centralized Governance
6. Manage Renewals and Ongoing Vendor Relationships

As you read how these leaders prioritize SaaS and build SaaS management strategies across their businesses, re- flect on your experience in managing your company’s SaaS investment. Tweet your thoughts and insights to @getzylo. We welcome all opinions.