Automating SaaS and SaaS Vendor Management for IT Teams

Businesses today run on SaaS applications, spending an average of $15,000 per month.  With very few controls over who is using what, resulting in wastage as high as 20%.

Companies need to track who has access to what applications.

Decentralization means getting the right SaaS applications to the right employees takes longer, resulting in wasted productivity. And former employees can often still have access to SaaS apps and sensitive company information.

Blissfully provides visibility into SaaS applications usage and cost, and simplifies both the vendor management process and how companies onboard and offboard employees.

One of the biggest concerns when it comes to SaaS is the security risks it can open up your organization to. Sure, your company no longer has to manage and store all the data on its own servers, but this means third-party data processors have access to company data and possibly sensitive information. Each of these access points presents a potential security risk, and mitigating these risks is a tough job for IT teams.

And there are internal threats too. Employees routinely try out their own unauthorized SaaS solutions, adding another layer of risk, and augmenting the difficulties of IT governance. And with the dynamic nature of companies today, employees are constantly on the move. When employees leave, IT teams must ensure that they no longer have access to tools and information that they shouldn’t. If you’re not prepared, you might end up blindsided by a security breach. 

With numerous regulations and security frameworks that IT departments must adhere to SaaS poses a challenge. For example, in May 2018, the General Data Protection Regulation (GDPR) came into effect. The new laws meant stricter rules for organizations that do business within Europe or with European clients about how they can acquire, process, and store data. 

Other compliance guidelines such as SOC 2 and the upcoming California Consumer Privacy Act further complicate the picture.

There are significant consequences for companies that don’t remain compliant, including a potentially hefty fine equal to 20 million or 4% of annual turnover. As a part of GDPR, organizations are required to know where and how third-party vendors are processing their data. But this can be hard for IT teams facing the challenge of mounting apps and vendor relationships to track, manage, and secure. 

When it comes to SaaS, it’s crucial for IT departments to:

IT departments can take several steps to make the sourcing, deployment, and managing of SaaS applications more manageable.

Step 1: Make a Plan

Create an organizational SaaS framework that governs how vendors are selected and added to the SaaS stack. Allow employees to make recommendations for apps, but set up a well-defined process of vetting and approval. 

Step 2: Clear the Clutter

Eliminate wasteful shadow SaaS by regularly auditing how apps are being used and performing. We live in the age of data and optimization — gone are the days of throwing money at solutions needlessly without measuring ROI. 

Step 3: Automate Key Processes

Automate routine actions related to SaaS onboarding and offboarding, approvals, requests, and terminations. Once you’ve developed your processes, you need to institute them in an easily repeatable way. 

Create workflows for product vetting, approvals, granting permissions, connections with key decision-makers, renewals, and terminations. Set up alerts for when renewals are close so you can prepare and make informed decisions about which contracts to continue. 

You can stay ahead of the proliferation of SaaS within your company by putting the right systems in place. It all comes down to managing your network of vendors in a way that makes sense for your organization’s goals and makes the best use of your resources.