Mid-Market Grid® Report for SaaS Spend Management | Spring 2024

Mid-Market Grid® for SaaS Spend Management Software

Leaders
High Performers
Contenders
Niche
Tropic
Torii
Airbase
Vertice
Mesh Payments
Spendflo
Vendr
Zluri
Spendbase
Zylo
Productiv
Sastrify
Lumos
Trelica
G2 Track
BetterCloud
Cledara
PayEm
CloudEagle
Volopay
Genuity
NachoNacho
Market Presence Information
Satisfaction Information
SaaS Spend Management live
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G2 Grid® Scoring
SaaS Spend Management Software Definition

SaaS spend management software are tools used to manage and control software as a service (SaaS) costs. These tools help centralize visibility over SaaS subscriptions and outline their utilization. Users can then compare utilization figures to the subscription cost and identify unnecessary spending. If an application is rarely used or users deliver widely negative feedback, administrators will receive alerts and will likely opt out of renewals These tools also help companies identify overlap so no company has unnecessary subscriptions for multiple similar tools. There is some overlap with cloud cost management software. But those tools are used to monitor and manage spending on cloud infrastructure usage, rather than cloud-based SaaS applications.

To qualify for inclusion in the SaaS Spend Management category, a product must:

  • Centralize control over SaaS licenses
  • Facilitate SaaS contract management
  • Track spending and forecast the costs of SaaS subscriptions
  • Monitor SaaS product utilization and/or user sentiment
Mid-Market SaaS Spend Management Grid® Scoring Description
Products shown on the Mid-Market Grid® for SaaS Spend Management have received a minimum of 10 reviews/ratings in data gathered by March 05, 2024. Products are ranked by customer satisfaction (based on user reviews) and market presence (based on market share, seller size, and social impact) and placed into four categories on the Grid®:
  • Products in the Leader quadrant are rated highly by G2 users and have substantial Market Presence scores. Leaders include: Tropic, Torii, Airbase, Vertice, Mesh Payments, Spendflo, Vendr, Zluri, Spendbase, Zylo, and Productiv
  • High Performing products have high customer Satisfaction scores and low Market Presence compared to the rest of the category. High Performers include: Sastrify, Lumos, and Trelica
  • Contender products have relatively low customer Satisfaction scores and high Market Presence compared to the rest of the category. While they may have positive reviews, they do not have enough reviews to validate those ratings. Contenders include: G2 Track and BetterCloud
  • Niche products have relatively low Satisfaction scores and low Market Presence compared to the rest of the category. While they may have positive reviews, they do not have enough reviews to validate those ratings. Niche products include: Cledara, PayEm, CloudEagle, Volopay, Genuity, and NachoNacho
© 2024 G2, Inc. All rights reserved. No part of this publication may be reproduced or distributed in any form without G2’s prior written permission. While the information in this report has been obtained from sources believed to be reliable, G2 disclaims all warranties as to the accuracy, completeness, or adequacy of such information and shall have no liability for errors, omissions, or inadequacies in such information.