Streamlining SaaS: Essential Features of Management Platforms

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Software as a service (SaaS) has become essential to modern business operations, but managing multiple SaaS applications can be challenging. SaaS management platforms are designed to simplify the management of SaaS applications by providing a centralized platform for managing and monitoring applications. This article will discuss the key features of SaaS management platforms.

Single Sign-On (SSO)

One of the essential features of SaaS management platforms is single sign-on (SSO). SSO allows users to log in to multiple SaaS applications with a single set of credentials, simplifying the login process and improving security.

With SSO, users only need to remember one set of login credentials, reducing the risk of password-related security issues.

Application Discovery and Inventory

SaaS management platforms also provide application discovery and inventory features, allowing businesses to track all their SaaS applications in one place. This feature helps businesses to identify which applications are in use, which are redundant, and which applications may pose a security risk.

Usage and Performance Monitoring

Usage and performance monitoring is another essential feature of SaaS management platforms. This feature allows businesses to monitor the usage and performance of their SaaS applications, which can help identify issues and optimize application usage.

With usage and performance monitoring, businesses can track metrics such as user activity, application performance, and data usage, which can help them make informed decisions about their SaaS applications.

Cost Management

SaaS management platforms also provide cost management features, which allow businesses to track the costs associated with their SaaS applications.

With cost management, businesses can identify which applications are costing the most and which applications may be redundant or unnecessary. Additionally, cost management can help businesses optimize their SaaS spending, resulting in significant cost savings.

User Management

User management is another essential feature of SaaS management platforms. User management allows businesses to manage user access to their SaaS applications, which can help improve security and reduce the risk of unauthorized access.

With user management, businesses can create and manage user accounts, assign user roles and permissions, and revoke access when necessary.

Compliance and Security

Compliance and security are critical concerns for businesses that use SaaS applications. SaaS management platforms provide compliance and security features, which can help businesses ensure that their SaaS applications are secure and compliant with industry regulations. Compliance and security features may include data encryption, access controls, and compliance reporting.

Integration and Automation

SaaS management platforms also provide integration and automation features, which allow businesses to streamline their SaaS management processes. Integration and automation features may include integrations with other business applications, custom workflows, and automation of routine tasks such as user provisioning and de-provisioning.

Customization and Scalability

Customization and scalability are essential features of SaaS management platforms. Customization features allow businesses to tailor the platform to their specific needs, while scalability features allow businesses to adjust the platform as their needs change. With customization and scalability, businesses can ensure that their SaaS management platform grows and adapts to their business needs.

To Sum Up

SaaS management platforms are essential tools for businesses that use multiple SaaS applications. By providing a centralized platform for managing and monitoring SaaS applications, SaaS management platforms can help businesses improve security, reduce costs, and optimize application usage.

Key features of SaaS management platforms include single sign-on, application discovery and inventory, usage and performance monitoring, cost management, user management, compliance and security, integration and automation, customization, and scalability. By understanding the key features of SaaS management platforms, businesses can select and implement the right platform for their needs.

Do you need SaaS management? Varisource is the first technology buying and managing platform that helps give you access to millions of internal and external market data. Get started now.

About the Author
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Victor Hou

Victor Hou is the founder of Varisource, the first ever Savings Automation Platform that automates Savings for Your Business. Victor helps companies access discounts, rebates, benchmark data, savings for renewals and new purchases across 100+ spend categories automatically to increase your company's margins and equity value by at least 15-20%. Victor is active and passionate about using AI + automation to help your business save time, money and run more efficiently.

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