Productiv provides a spend management platform that helps businesses manage their spending on tools and services. The platform consolidates data and workflows, using artificial intelligence to enhance collaboration and streamline procurement processes. Unlike its competitors, Productiv emphasizes transparency and has demonstrated significant return on investment for clients. The company's goal is to empower businesses to make informed spending decisions through comprehensive insights and automation.

Accel

Steve Loughlin

Norwest Venture Partners

Okta

Atlassian Ventures

Consulting

Enterprise Software

AI & Machine Learning

Productiv

Productiv, the SaaS management specialist, has unveiled its 2023 State of SaaS Series which indicates enterprise leaders in procurement, IT and finance need to take immediate action to rationalise their SaaS portfolios before spending and governance challenges spiral out of control.

Enterprise leaders encouraged to take 'immediate action' of SaaS portfolios

Productiv launches Sidekick, an AI-powered assistant for smarter SaaS management.

Productiv launches Sidekick, an AI-powered assistant for smarter SaaS management

Join leaders in Boston on March 27 for an exclusive night of networking, insights, and conversation. Request an invite here. Productiv, a leading SaaS management platform, has announced the launch of Sidekick, an AI-powered chatbot designed to revolutionize how IT leaders and finance teams manage their software licenses, usage data, and budgets. With Sidekick, users can now access critical insights and recommendations through natural language queries, streamlining workflows and saving valuable time.In an interview with VentureBeat, Productiv CEO Jody Shapiro emphasized the unique capabilities of Sidekick. “Many software companies see their AI features as a simple chatbot or medium to answer basic questions without depth or analysis,” he said. “Productiv’s Sidekick was built specifically to be a domain expert that allows users to get answers quickly by asking questions naturally, the same way they would ask a colleague.”Shapiro further explained that Sidekick goes beyond just answering questions

Productiv Launches Sidekick, An Ai-Powered Assistant For Smarter Saas Management

Procurement professionals and IT leaders tasked with managing software procurement today can often only focus on the top 20% of vendors. Why? It’s a convergence of three main factors: lack of data, limited resources and inefficient tooling.SaaS and vendor management has become increasingly complexProcurement and IT are being inundated with software access, vendor intake and renewal requests. Productiv found that the average business has 371 SaaS apps (up 32% over the past two years) and that 85% of SaaS contracts are one-year agreements (up 6%). That means more apps to manage and more frequent renewals every year. And that’s just SaaS. When you account for other software and services, many businesses are managing relationships with over 700 vendors across various indirect procurement categories.While the workload is increasing, the workforce is not

Solving The Procurement Problem: Too Many Tools, Not Enough Data

Integration enables preventative data access controls to protect sensitive dataNEW YORK, May 3, 2023 /PRNewswire/ -- DoControl , the no-code Software as a Service (SaaS) security company, today announced it has integrated with Atlassian Jira Software to add a foundational layer of preventative controls that protect business-critical data and files within Jira. The integration further secures all shared data and files accessed by every identity, including internal employees, third-party collaborators, and OAuth applications. DoControl's granular data access controls prevent data overexposure and exfiltration, automatically remediating the risk of insider threats and allowing business enablement to be achieved securely.Through the integration with Jira, DoControl users can:Gain visibility and control through near real-time monitoring of every user activity, detecting and responding to immediate threats to protect sensitive data like Personal Identifiable Information (PII).through near real-time monitoring of every user activity, detecting and responding to immediate threats to protect sensitive data like Personal Identifiable Information (PII). Establish secure workflows for specific Jira users, groups, and departments that present higher levels of risk for the organization.for specific Jira users, groups, and departments that present higher levels of risk for the organization. Initiate automated notifications whenever an issue is detected, enabling organizations to take a risk-based approach to securing files within Jira with pre-set policies that distribute specific notifications based on risk profiles.whenever an issue is detected, enabling organizations to take a risk-based approach to securing files within Jira with pre-set policies that distribute specific notifications based on risk profiles. Centrally enforce consistent data access controls throughout Jira and all other critical SaaS applications through a single pane of glass.Recent research found that nearly half (48%) of enterprise tech leaders find too much time is spent manually provisioning and managing apps

Docontrol Brings The Power Of Saas Security Workflows To Atlassian Jira Software

Productiv unveiled the App Procurement Hub, an add-on to the company's SaaS Intelligence Platform.

Data-driven procurement tech helps software renewal costs

PALO ALTO, Calif.--(BUSINESS WIRE)--Today Productiv announced new strategic collaborations to make it easier for businesses to unlock the most value from their SaaS portfolios at scale. Today’s news comes as companies are looking more critically at reducing spend and optimizing costs in an uncertain economic climate. In particular, business leaders are looking for solutions to help IT, finance and procurement teams align on spend visibility, spend rationalization and renewal management – especially for SaaS applications, which have exploded in use.Productiv’s new financial connectors make it easier for organizations to ingest employee expense and vendor invoice data into the SaaS Intelligence™ platform – which enables IT, procurement, finance and business leaders to align on trusted data and deep insights to proactively govern, optimize spend and drive operational efficiency across their SaaS applications. By using SaaS Intelligence™, IT and business leaders can be more confident in their decisions and actions, whether that’s rightsizing their SaaS investments, managing renewals or reducing their risk exposure.Align Around Trusted Data With Better Access to Concur Expense and Concur InvoiceAvailable on the SAP® Concur® App Center, companies can now use the Productiv for Concur Expense and Productiv for Concur Invoice connectors to programmatically integrate expense and invoice data into the SaaS Intelligence™ platform, which uses machine learning to automatically identify SaaS suppliers and map all of the unstructured SaaS expense and payments data to the appropriate vendors, resellers and apps. Team and employee spend insights, combined with usage data, help with the identification of opportunities to optimize costs. Applications discovered through this spend data can be reviewed for compliance risks

Productiv Expands Partnerships With Cloud Financial Solutions To Help Teams Align On Saas Management

PALO ALTO, Calif.--(BUSINESS WIRE)--Productiv, the market leader in software-as-a-service management, today announced the results of a commissioned Forrester Consulting Total Economic Impact™ (TEI) study1, which found a 2,000 employee composite organization with 240 SaaS applications received $1.93M in benefits over a three year period by using the Productiv SaaS Intelligence™ Platform. The study found that 67% of the overall benefits ($1.30M) were a result of optimizing costs from application consolidation. The study also revealed that by using Productiv’s solutions, procurement and IT teams can align on a joint, unified view of SaaS applications, vendors, contracts, licensing, pricing and feature-level app engagement data – so they can make better decisions about portfolio rationalization. “In today’s climate, there is significantly increased pressure on procurement, finance and IT teams to work together to optimize app spend, eliminate waste and redundancies and manage renewals,” said Jody Shapiro, CEO and co-founder of Productiv. “What we believe the TEI study strongly validates is that it’s not just as simple as ‘what licenses have I purchased that people are not logging into’—the real ROI is in the portfolio consolidation of ‘what apps do I actually need, based on who’s using them and how.’”

Total Economic Impact Study Reveals Productiv Saas Management Platform Delivered 234% Return On Investment

Total Economic Impact Study Reveals Productiv Saas Management Platform Delivered 234% Return On Investment | Business Wire

PALO ALTO, Calif.--(BUSINESS WIRE)--Today Productiv announced its SaaS Intelligence™ platform is now available in AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors that make it easy to find, test, buy and deploy software that runs on Amazon Web Services (AWS). The Productiv SaaS Intelligence™ platform’s AWS Marketplace availability makes it easier for businesses to unlock the most value from their software as a service (SaaS) portfolios at scale. Today’s news comes at an opportune time, as companies are looking more critically at reducing spend and optimizing costs in an uncertain economic climate. In particular, business leaders are looking for solutions to help information technology (IT), finance and procurement teams align on spend visibility, spend rationalization and renewal management – especially for SaaS applications, which have exploded in use. Productiv’s availability in AWS Marketplace makes it easier for organizations to use the company’s SaaS Intelligence™ platform – which allows IT, procurement, finance and business leaders to align on trusted data to proactively govern, optimize spend and drive operational efficiency, while increasing employee engagement across SaaS applications. By using SaaS Intelligence™, IT and business leaders can be more confident in their decisions and actions, whether rightsizing their SaaS investments, managing renewals, closing the gap on their risk exposure or engaging more employees to use the apps they need to do inspired work

Productiv Launches In Aws Marketplace To Help Teams Align On Saas Management

Spend management platform using AI insights

Productiv

Spend management platform using AI insights

Productiv

Spend management platform using AI insights

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