What is SaaS Spend and Why Accountants Should Care
Course Description
According to Gartner, software-related spend is expected to surpass $1 trillion worldwide in 2024. While that’s a huge number, it’s not hard to believe considering the average organization subscribes to over 125 different software applications, totaling $1,040/employee annually. Unfortunately, anywhere from 25- 50% of this spend is wasted on provisioned licenses not regularly used by employees.
Join LeaseQuery accounting expert Rachel Reed as she walks through our Software Management guide SaaS Spend Management for Accountants Explained. We will cover steps to take to build an effective SaaS cost optimization strategy and review how to understand the importance of controlling that spend for your organization. We will also discuss the benefits of implementing a SaaS spend management platform and point out key features to look for when researching solution options.
Learning Objectives
- Obtain an understanding of SaaS, SaaS spend management and SaaS spend management platforms
- Learn how to develop an effective SaaS cost optimization strategy
- Explore the practicality of SaaS spend management software and identify features that are essential from an accountant’s perspective
On-Demand CPE Credit Eligibility Requirements
- Answer the 3 review questions presented throughout the webinar
- Complete the final assessment with a grade of 80% or higher
- You have 3 attempts to pass the final assessment and until May 2025 to complete it
If you meet all these criteria you will see a green check mark inside the CPE tool icon that indicates your CPE certificate is ready to be downloaded.
Prerequisites
- None
Who Should Attend
Accounting and finance professionals from entities with a medium-to-high volume of software contracts will benefit most from this event.
Advanced Preparation
None
Presenters
Rachel Reed
Rachel’s experience includes working in the audit practice at EY, where she served clients across a wide variety of industries in both the public and private sectors. As an Accounting Manager at FinQuery, Rachel guides potential clients through the benefits and functionalities of lease accounting technology. She is also dedicated to educating FinQuery’s customers on the new lease standards and supporting them through the implementation process.
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On-Demand |
Course Information
| COST | FREE |
| CREDITS | 1.0 hours |
| SUBJECT AREA | Information Technology |
| EXPIRES | May 2025 |
| COURSE LEVEL | Basic |
| DELIVERY METHOD | Self Study |
Register Below
SPONSOR STATEMENT
FinQuery LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBAregistry.org.
For more information regarding administrative policies such as complaints, please contact CPEinfo@finquery.com.
PROGRAM CANCELLATION POLICY
If a program is cancelled, FinQuery will notify registrants via the email address that they used to register for the program.