Productiv Joins Forces Strategically with SAP Concur and Sage

Productiv announced new strategic collaborations with Sage and SAP Concur to make it easier for businesses to unlock more value from their SaaS portfolios at scale.

FREMONT, CA: The goal of Productiv's newly announced strategic partnerships with Sage and SAP Concur is to make it simpler for companies to maximise the value of their SaaS portfolios on a large scale. The company claims that this news comes at a time when businesses are thinking more carefully about cutting spending and maximising savings in light of the current uncertain economic climate. Particularly for SaaS apps, which have seen an explosion in use, business leaders are searching for solutions to help IT, finance, and procurement teams agree on expenditure visibility, spend rationalisation, and renewal management.

The SaaS Intelligence platform, which enables IT, procurement, finance, and business leaders to align on trusted data and deep insights to proactively govern, optimise spending, and drive operational efficiency across their SaaS applications, is now easier for organisations to use owing to Productiv's new financial connectors.

IT and business leaders can make more confident judgments and take more effective action by using SaaS Intelligence, whether it's right-sizing their SaaS investments, managing renewals, or lowering their risk exposure. Companies may now programmatically integrate expense and invoice data into the SaaS Intelligence platform using the Productiv for Concur Expense and Productiv for Concur Invoice connectors, which are available on the SAP Concur App Center.

All unstructured SaaS spending and payment data are mapped to the right vendors, resellers, and apps by the platform using machine learning to automatically identify SaaS suppliers. Utilization information paired with team and employee spending insights aid in the discovery of cost-saving solutions. According to the business, applications found using this spending data can be checked for compliance issues.

Additionally, Productiv users can use the company's connectors for Concur Expense and Concur Invoice without the requirement to licence the SAP Concur Web Services module, and straight onboarding takes less than five minutes.

Customers of Productiv are now able to programmatically import data from Sage Intacct, and artificial intelligence will automatically assign unstructured payment data to apps, vendors, and resellers.

Users may easily and rapidly view SaaS application spending over time, app by app, and comprehend unique spending patterns as a result. Data quality and integrity are helped to be ensured by Sage Intacct's integration testing and certification procedure.

Their platform already interfaces with hundreds of systems for HR, payments, expenses, contract lifecycle management, and app engagement, enabling enterprises to uncover up to 100% of SaaS engagement and spending.

New collaboration with Sage and SAP Concur offers even better visibility and access to reliable SaaS consumption statistics, assisting leaders across organisations in aligning on purchase and renewal choices.