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G2 Track

by BetterCloud · Since 2021
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SoldAvailable globallyCloud
Quick facts
VendorBetterCloud
Year launched2021
StatusSold
Location330 7th Ave, 14th Floor, New York, NY 10001, USA
Countries servedGlobal
Languages1
IntegrationsN/A
Free tierNO
Free trialNO
Contact salesYES

About G2 Track

BetterCloud Spend Optimization is SaaS spend management software designed for IT, finance and procurement teams that need to control software costs and improve visibility across their technology stack.

BetterCloud Spend Optimization is SaaS spend management software designed for IT, finance and procurement teams that need to control software costs and improve visibility across their technology stack. Its primary purpose is to identify SaaS applications, monitor usage and employee sentiment, manage contracts and renewals, uncover duplicate or unused software and provide data-driven recommendations for reducing unnecessary spending. Key features include application discovery and categorization, SaaS usage insights, employee sentiment surveys, application adoption tracking, feature-level usage analysis, duplicate-account identification, savings recommendations, renewal alerts, contract benchmarking and a customizable compliance dashboard for monitoring vendor security questionnaires and certification expirations. The interface provides a centralized view of applications, spending, users and departments, including a visual sentiment grid that helps teams compare employee criticality with software satisfaction. BetterRenewal also allows users to upload contracts and benchmark them against a large database of software deals to support renewal negotiations. BetterCloud reports $35 billion in spend under management, 2 million employees managed and 90,000 SaaS vendors tracked, with an average 10x ROI; these are vendor-reported figures.

Pros & Cons

Pros
  • Onboarding and offboarding can be automated, saving IT teams considerable time on repetitive account management tasks.
  • The interface makes it easy to find user accounts and manage them without navigating complicated administration screens.
  • Automation workflows can help ensure employees receive the right access when joining or leaving an organisation.
  • Its integrations allow teams to manage users and trigger actions across many SaaS applications.
Cons
  • Some SaaS integrations have limited functionality, meaning certain tasks may still need to be handled elsewhere.
  • Some employee changes cannot be fully managed through BetterCloud, despite its strong onboarding and offboarding capabilities.
  • Organisations using advanced Google Calendar workflows may find the available functionality insufficient.

Features

Key features

Instant Application & Shadow IT Discovery

Uncovers hidden SaaS expenses and unapproved applications across departments to provide a full inventory of all software apps and user usage.

G2 Taxonomy App Categorization

Categorizes and identifies SaaS apps in real time using a global software taxonomy powered by G2.

Customizable Compliance Hub Dashboard

Tracks vendor security certifications, compliance expiration dates, and security questionnaires automatically within a centralized view.

BetterRenewal Contract Benchmarking

Analyzes uploaded vendor contracts against a deal database to provide intelligence and leverage for price negotiations.

Feature-Level Usage Analytics & Overlap Detection

Tracks app adoption, feature-level usage, duplicate accounts, and redundant software to generate targeted savings recommendations.

Additional features

Instant Application & Shadow IT Discovery

Identifies all SaaS applications, contract values, Shadow IT, and usage metrics across departments and individual users.

G2 Taxonomy App Categorization

Utilizes the G2 SaaS taxonomy for precise, real-time application identification and categorization.

Customizable Compliance Hub Dashboard

Monitors SaaS vendor security compliance certifications, expiration dates, and security questionnaires.

BetterRenewal Contract Benchmarking

Compares uploaded SaaS contracts against deal databases to assist in contract renewals and cost negotiations.

Feature-Level Usage Analytics

Visualizes SaaS usage, app adoption rates, and feature-level activity in an interactive grid view.

Application Overlap & Duplicate Account Identification

Flags overlapping software functionalities, duplicate user accounts, and underutilized licenses.

Employee Sentiment Surveys

Collects direct feedback and preferences from end users regarding their software stack needs.

Automated Renewal Alerting

Triggers notifications for upcoming contract renewal dates to prevent unexpected auto-renewals.

Pricing

Free trial
Free version
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Countries & Languages

Global
Countries served
1
Interface languages
1
Billing currencies

Interface languages

English

Billing currencies

🇺🇸USD

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