Firms spend millions on subscriptions. Are these being used effectively and efficiently?
In today’s subscription economy, firms consume a broad range of services in order to meet their complex business needs. Tracking the cost-benefit analysis of each becomes a challenging task, especially when it spans across a broad range of specialties.
Have the “power users” who had previously requested for a specific subscription moved on to a different role? Maybe a specific project which triggered a subscription doesn’t exist anymore? Or is there a section of users trying to access a resource, which the firm already has subscription to?
The solution is to actively monitor real-time usage across all enterprise subscriptions on a centralized system. Quick dashboard and reports are needed to allow you to splice and compare data across the different employee parameters — like department, office, location, etc.
This approach allows you to make informed decisions and achieve the level of visibility and control you never had before.