Blog/Strategy
Strategy5 min read

How to Audit and Reduce Your Team's SaaS Spend by 40%

Most engineering teams are paying for tools they don't use. Here's a systematic approach to identifying waste and rightsizing your stack.

T

The EveryPerk Team

Editorial

September 5, 2024

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The average SaaS company now uses 130+ software tools. Engineering teams are often the heaviest users. After conducting SaaS audits for 20+ engineering teams, here's what consistently reduces spend.

Step 1: The Full Inventory

Most engineering leaders don't know exactly what's being paid for. Start by pulling all company credit card statements and identifying every recurring SaaS charge.

Step 2: The Usage Audit

For each tool, answer three questions:

  • Who used this in the last 30 days?
  • What would break if we cancelled it tomorrow?
  • Is there a tool we already pay for that does this?

This typically surfaces 15-25% of tools that are unused or redundant.

Common Redundancies We Find

  1. Multiple analytics tools - Teams often have Google Analytics, Mixpanel, and Amplitude simultaneously. Pick one.
  2. Multiple project management tools - Jira, Linear, and Notion all being used by different subsets.
  3. Multiple monitoring tools - Datadog, Sentry, and CloudWatch with overlapping coverage.

Conclusion

A quarterly SaaS audit takes about 4 hours and typically saves 30-40% of current spend. Make it a habit, not a crisis response.

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