It knocks on your door; a colleague wants information about a business license. You help, reluctantly, and then go back to what you were doing when the next colleague suddenly pushes his face into the doorway and says, “Could you help me with this?”. With a technical competence superior to others, subscription management often lands on the role of CTO. But that does not have to be the case.
Subscription management within SaaS development might not be the most fun subject to discuss, and neither do we claim it should be the highest priority within a company. We know that the role of a CTO includes other essential things to do. That’s precisely why we started Substly.
“I don’t have to bother the IT department with questions about company licenses anymore. Instead, I go directly to Substly.”Åsa Vukmanovic Lilja, Head of Business Support at tretton37
The number of subscriptions within companies increases by 30% annually; simultaneously, duplicates and orphaned accounts increase even more. Lack of control in subscription management creates potential pitfalls that can drain both money and time from your company and threaten both the company's and your customer’s security. Therefore, keeping good track of subscriptions has become a must for modern companies' risk management and security audits.
Divide the responsibility between departments
The mission of a CTO shouldn't be to handle all corporate subscriptions by themselves. Cooperation is far better. Therefore, we built an interactive platform where each system owner can see and manage their applications and subscription services.
Substly’s platform makes it possible to:
- Identify services used within the company to see if consolidation is possible.
- Discover potential security risks and understand which digital services pose the most significant risks.
- Create access control by seeing which subscriptions each employee uses, what they cost, and when they renew.
- Overview of how much money each department spends on subscriptions.
Unused subscriptions and security risks associated with subscription management
Do you suspect that there are many unused subscription services within your company? Do you see the security vulnerability and potential risk of former employees still having access to subscriptions used when working at your company? As CTO, this is a constant concern that follows you.
Even if most CTOs usually have a relatively good idea of which subscription services are being used within their department, the overview of the rest of the company’s subscriptions is often lacking. In addition, most subscription management systems lack features that allow you to see which employees use which software product. This means that offboarding employees from SaaS products (crucial to avoid constant concern) becomes inadequate.
Free up time, increase security measures, and save money
Substly helps small and medium-sized businesses to get a complete overview of all subscriptions and digital services with little effort. So what are you waiting for? Replace the old spreadsheet once and for all and experience enterprise-level features at an entry-level price.
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