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Torii Launches Advanced SaaS Management & Cost-Saving Capabilities for Distributed WorkplacesTorii, creator of the world's only Distributed SaaS Management Platform (SMP), today announced advances that make it easier than ever to manage cloud apps and reduce spend in the digital workplace. Now, IT pros can empower employees throughout the company as app owners and co-managers, easily delegate and monitor key tasks, and drive the speed, collaboration, and transparency needed in today's dynamic business climate. With its newest capabilities, Torii has turned SaaS management into a team sport. "Every company has distributed SaaS ownership, whether they realize it or not. But they don't have a way to manage it. Employees are adding cloud apps at unprecedented rates, and thanks to continual changes in apps, users, usage, and costs, IT teams can't keep up. They need employees who now "own" the apps they subscribed to, and players in procurement, security, and finance, to participate," said Uri Haramati, CEO of Torii. "IT must empower all stakeholders with the right data, insights, automation, and actions to cut spend, boost efficiencies, and do more with less. That's why we're so excited to introduce Torii's enhanced SMP - it's the only end-to-end solution with the advanced capabilities and accountability that make distributed SaaS management truly possible." According to Gartner, SaaS spend continues to grow by 15-20% annually, with organizations having over 125 different SaaS applications, costing them on average $1,040 per employee annually. IT is typically aware of only a third of these apps due to decentralized ownership and sourcing. Only Torii enables distributed SaaS management by empowering customers with real-time app discovery; unified, actionable insight; robust collaboration; automation; and ROI optimization capabilities. Torii's latest innovations extend these capabilities by offering a dedicated experience for application owners, deep integration with ticketing systems, an advanced data engine, and extended cost-saving recommendations. Empower App Owners to Manage SaaS Torii's new App Owner role raises the bar for effective SaaS management by making it easy for people who own apps to manage them. IT teams can give app owners full, real-time visibility into their app's usage, license utilization, and financial aspects. Equally important, owners can take actions regarding users, licenses, and contracts from within Torii. This app owner role sets a new standard in SaaS management best practice. When combined with Torii's existing procurement and IT admin roles, it enables a truly collaborative and empowered team with IT at the helm. "It's not possible for our lean IT team to effectively manage Smallpdf's hundreds of apps. With Torii, we don't have to. It's easy to delegate end-to-end SaaS management responsibilities to app owners so they can do everything from managing licenses and user access to uploading contracts and deciding whether to renew and at what cost. And because we trust the data that lives within Torii, everyone feels confident relying on it to take the best actions," said Stefan RaĊĦic, IT Operations Specialist at Smallpdf. Drive Collaboration and Accountability
Enhance Cost Optimization: Torii pays for itself, and more Torii customers routinely save hundreds of thousands to millions of dollars with distributed license management, app rationalization, and renewal management - enabling Torii to quickly pay for itself and continue delivering significant, ongoing savings. The latest capabilities that make this even easier for IT, procurement, finance, and app owners include:
To learn more about Torii's new Distributed SaaS Management Platform, check out this blog. For insight on Distributed SaaS Management, check out this ebook. About Torii Torii is the world's only Distributed SaaS Management Platform built for the new digital workplace - where anyone can sign up for apps and everyone needs to stay in perfect sync. Unlike other tools, Torii's all-in-one platform finds new app signups as they occur, analyzes user, spend and app data from many sources, recommends cost-saving actions, and empowers cross-functional teams to instantly act or create completely customized automations. Global customers, including Instacart, Bumble, Athletic Greens, Palo Alto Networks, and Cloudinary, eliminate thousands to millions of dollars in wasted licenses, reduce hundreds of hours spent on manual operations, and protect sensitive data flowing through known and Shadow IT applications. Torii is backed by Tiger Global Management, Wing Venture Capital, Global Founders Capital, Uncork Capital, Entree Capital, and Scopus Ventures. Learn more at www.toriihq.com and follow on Twitter @Torii_hq or LinkedIn.
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