Our friends from Cardlife help businesses to track, manage and optimize their Cloud subscriptions spending. Here they tell you how over 90 per cent of all businesses don’t know how many SaaS they have or how much they’re paying.
17th March 2017
Saving SMB’s, big money on subscriptions – meet Cardlife
Designed to be forgotten
Did you know that the dirty little secret behind most successful online SaaS businesses is that they are highly reliant upon the apathy amongst their subscribers when it comes to canceling their recurring subscriptions?
It’s no secret that in the last few years online SaaS businesses have completely transformed the way we build and scale new businesses. By “online SaaS businesses” we mean any service you use to operate and manage your business. All your recurring online products that you use for your daily work: from a variety of Google Apps, to mailing list providers like Mailchimp and other online services like Dropbox, Github, Zendesk, Slack, Photoshop and more (lots more!).
My SaaS (subscriptions) are running loose
Back to the dirty little secret behind most successful online SaaS businesses: online SaaS businesses are designed to be forgotten. It sounds obvious when you point it out, but it’s not so simple.
It’s very easy to lose track of your subscriptions. Online SaaS are highly reliant upon our apathy when it comes to canceling our subscriptions. Think of how many times you were not sure if you needed a subscription anymore or forgot you were paying for something you didn’t need.
We’ve all been there, nobody has time to login to all the different accounts, start collecting all the invoices, figure out who bought the subscription in the first place, check how much the company is actually using it and then consult with everyone to see if they still need the service; it’s a huge mess!
Saving you time and money
Because of the scalable pricing model and the dynamic adjustment of the price, most of the time we find out too late that our online SaaS subscriptions tier or plan has changed and that we are now paying for plans we didn’t want to take and get overcharged. While not all online SaaS businesses will keep you in the dark about your new tier, it’s a huge Ouch! moment when it happens.
Nobody wants to pay for subscriptions they don’t use and, even worse, get unpredicted extra charges. In the end, all those extra costs mean we are making less money and we have less runway for our business, which can be quite frustrating. If you feel that you are the only one who is paying extra for SaaS subscriptions, you’re not alone!
Our friends from Cardlife help businesses to track, manage and optimize their Cloud subscriptions spending. Over 90 per cent of all businesses don’t know how many SaaS they have or how much they’re paying.
Cardlife technology connects to banks and cards and automatically find subscriptions and present them in a beautiful dashboard with analytics and smart alerts. According to TechCrunch Cardlife is managing $5M in SaaS spending.