The State of SaaS Management 2023

Businesses are doubling down on their SaaS investments.

An impressive 35% of companies increased their SaaS spending in 2022, and an additional 41% plan to increase it further in 2023. With over 50,000 SaaS vendors jostling for attention, we share how 1000+ businesses are navigating this crowded marketplace, revealing both opportunities and pitfalls.

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Here's just a sneak peek of the insights you'll find inside:

41% of executives plan to increase their subscription count in 2023, yet only 47% believe all their tools add value.

57% of executives haven't revoked any subscriptions in the last 12-months and 43% suspect employees have unauthorized SaaS Subscriptions.

65% agree that poor management of SaaS subscriptions causes tension between departments.

"Since we started with Cledara, we now have the ability to track everything, set out the different cards and actually know who we're paying and for how much. And that’s something that was very hard to do before."
 
Ed Barrett

Finance Leader

Butternut Box
 

The Cledara Group consists of Cledara Inc., a Delaware Corporation and Cledara Limited, registered in the UK (11455373). Cledara Limited is registered under the UK Data Protection Act (ZA466806). Cledara Limited is a distributor of Modulr FS Limited, a company registered in England and Wales with company number 09897919, which is authorised and regulated by the Financial Conduct Authority as an Electronic Money Institution (Firm Reference Number: 900573) for the issuance of electronic money and payment services. Your account and related payment services are provided by Modulr FS Limited. Whilst Electronic Money products are not covered by the Financial Services Compensation Scheme (FSCS) your funds will be held in one or more segregated accounts and the full value safeguarded in line with the Electronic Money Regulations 2011 – for more information please see here. Your card is issued by Modulr FS Limited pursuant to a license by Visa Europe. Visa and the Visa brand mark are registered trademarks of Visa Europe.Cledara Limited is also registered with the UK Financial Conduct Authority as an EMD Agent (reference no. 902831) of PayrNet Limited, an Electronic Money Institution authorized by the UK Financial Conduct Authority (reference number: 900594). The Cledara Virtual Debit Mastercard® is issued by PayrNet UK Limited pursuant to a license by Mastercard International. Cledara Limited is a partner of Modulr Finance B.V., a company registered in the Netherlands with company number 81852401, which is authorised and regulated by the Dutch Central Bank (DNB) as an Electronic Money Institution (Firm Reference Number: R182870) for the issuance of electronic money and payment services. Your account and related payment services are provided by Modulr Finance B.V. Your funds will be held in one or more segregated accounts and the full value safeguarded in line with the Financial Supervision Act (Wet op het Financieel Toezicht, Wft) – for more information please see here. Your card is issued by Modulr Finance B.V. pursuant to a license by Visa Europe. Visa and the Visa brand mark are registered trademarks of Visa Europe. Cledara Limited also provides other regulatory services. These are separate and unrelated to the account and payment services you receive from Modulr Finance B.V. and Modulr FS Limited. In the United States, the Cledara Virtual Credit Mastercard® is issued by CBW Bank pursuant to a license by Mastercard International Incorporated. By using the virtual card, the cardholder agrees to all terms under which it was issued.