The tools, insights and benchmarks needed to manage your organization’s technology portfolio.

Stop shadow IT. Optimize your tech. Roadmap growth.

BuyerCaddy’s platform allows for streamlined management of your software assets. Easily optimize underused or redundant products, track utilization, map integrations, and surface overpaid technologies for immediate consolidation.

Leverage BuyerCaddy’s unique insights, built from custom peer cohorts, to your strategic advantage. Meet your cost savings goals while maintaining the performance and security of your IT infrastructure.

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Percent of budget saved by effective software asset management.

Percentage of wasted spend on cloud services.

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Number of applications added monthly to corporate tech stacks

Circuit board: connect your tech

BuyerCaddy’s intuitive stack visualization allows you to see and connect all your organization’s
technologies for a complete view of your usage and dependencies.

Visualize & Verify

Gain full visibility into your technology investments, including all services, apps, and frameworks.
Track spend by department or function and easily share throughout your organization.
BuyerCaddy provides a complete overview of your software stack, with 90% of the circuit board accurately populated. You can add, remove and verify apps for a single source of truth on your software spend and usage.
Understand your stack’s interdependencies and identify opportunities to maximize performance and optimize spend with our circuit mapping functionality.

a screen from BuyerCaddy's application showing the tech spend for a given technology selected within a users stack

graphic showing benchmarking insights from BuyerCaddy tech stack analysis

Key Metrics

Compare your costs to peers through anonymous crowdsourced feedback and ensure you’re getting the best price for your assets.
Understand the ROI of your technology investments, whether organization-wide or by department.
Analyze product usage and adoption to make informed decisions about which assets to keep or let go.
Track the number of users and traction across your organization’s asset base to optimize your performance and minimize costs.

Map Integrations

- See which products are connected and how, achieving a 100% accurate view of your usage.
- Identify underutilized points of integration and optimize stack performance for maximum efficiency and cost savings.
- Compare your integrations against those of other companies for benchmarking and competitive analysis.
- Leverage templates and best practices to implement effective security measures and enhance your organization’s overall asset management strategy.

graphic showing integrations from BuyerCaddy tech stack circuit board

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As an enablement leader, I know that a key component of any program is using the right technology to drive success. Trying to figure out what’s already in use somewhere in the organization can be like finding a needle in a haystack. It can be even more difficult to know what the best tool is for the project at hand. That’s where BuyerCaddy comes in.

BuyerCaddy gives me a clear view of all the tools in use across the organization and shows me how that stacks up with similar companies. That helps us avoid tech stack bloat, allows us to move fast by leveraging existing tools vs. new implementations, and, of course, avoids unnecessary costs. It’s a game-changer!

Juli Walwyn

Sr. Dir. Revenue Enablement, MeridianLink

Resources

The Ideal Tech Stack

For SaaS go-to-market teams a purpose-built tech stack efficiently generates leads, boosts sales, and improves ROI.

a blog graphic titled software asset management, how to begin buying new products for your tech stack

Software Asset Management
Technology is essential to the success of any business for consistent, repeatable performance. But is a new purchase the only way to go?

The Ideal Tech Stack

For Enterprise Sales teams building durable, scalable tech stack brings efficiency from lead to close.

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Benchmarking: know how you stack up

Our benchmarking engine uses your tech stack, and those of peer cohorts, to measure
your stacks performance and identify risks and missing products.

Scalability

Use cohort insights to determine the likelihood of outgrowing your current stack, and when.

What’s missing
Identify gaps in your current technology investments. Define your growth strategy through product gaps and further integrations.

Emerging tech
Keep your finger on the pulse of new technology. Watch the adoption rate, spend and usage of potential future products across your cohorts.

Sustainability

Understand the limitations of your current stack. Assess risks across your product portfolio.

Cost consolidation
Quickly consolidate costs on redundant, underused and shadow IT inside your organization.

Share-of-wallet
Clear cost performance insights using benchmarked data. Compare your percentage of spend to that of your cohorts.

screenshot showing BuyerCaddy tech stack benchmarking insights

Cohorts: your industry insights

Our insights are driven by data drawn from your peers and leaders across your industry. BuyerCaddy creates cohorts based on your company and allows for you to create your own.

Default
Similarly sized companies within your industry

Custom
A set of peer companies you define

Growth
A cohort aimed at your company’s future

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FAQs

How do I conduct and maintain a software asset inventory?

Alignment: visibility to current tools across all teams
Reduce friction: clarity for what tools are used where in the business and why
Accelerate Roll Out: speed up program roll out and adoption by leveraging existing tools vs. going through a new purchase
Identify gaps: understand where there are gaps and lack of technology
Savings: reduce risk and cost of duplicative tools

Ho do Software Asset Managers being an inventory of tech stacks?

Steering Committee: Bring together a cross-functional group to get all of your technology cards on the table. This should involve internal customers, administrators, and facilitators of your tech stack like IT business systems, operations, program management, enablement, sales and services leadership, and of course users. Try to keep your crew to about a dozen and identify roles for everyone involved, especially the role of a committee driver to keep momentum.
Gather User Feedback: Next, you’ll want to hear from your end users. One way to gather that is by an anonymous survey to increase the likelihood of candid feedback. Ask questions about the most / least used tools, favorite tools, challenging tools, and wish list. “Ride alongs” or shadowing are also great ways to understand what the team is using.
Data, Data, Data: In addition to anecdotal input, you’ll want to gather objective data from the tools you are using today. Most tools in your tech stack will have a way to run reports to show usage, adoption, and activity to help you determine utilization. Your vendor success manager can also assist here.
Renewals: Last but not least, you’ll want to capture contractual data on the tools in your tech stack. This should include the tool, owner, renewal date, seat count, term, and cost.

How do you keep software inventory current?

The key here is making it an active resource for your business. Identify an owner, share it across the organization, leverage it in your software decision-making process, and add or remove tools needed. This will require discipline but will help you maintain momentum toward attaining those benefits previously mentioned.

How does BuyerCaddy help with software asset management?

License management: BuyerCaddy provides software asset managers with a centralized dashboard to manage software licenses across multiple vendors and applications. It helps ensure that software licenses are up-to-date and compliant with licensing terms, minimizing the risk of license non-compliance and associated costs.
Contract management: The platform allows software asset managers to track software contracts and agreements, including key contract terms such as renewal dates, pricing, and service level agreements. This can help ensure that software purchases align with business needs and budget constraints.
Spend management: BuyerCaddy enables software asset managers to monitor software spend across the organization, providing insights into software usage and identifying opportunities to optimize licensing and maintenance costs. It helps identify underutilized or unnecessary licenses, reducing software costs.
Security and compliance: BuyerCaddy provides visibility into software vulnerabilities and license non-compliance risks, helping software asset managers prioritize and address security and compliance issues. The platform offers continuous software inventory tracking, ensuring that unauthorized or unapproved software is not installed on company devices.

How often should i inventory my software assets?

The frequency of inventory depends on the size of the organization, the number of software assets, and the rate of change in the technology environment. However, it is generally recommended that software asset managers inventory their software assets at least once every quarter or every six months.

Regular inventory updates can help software asset managers:

Identify new software: As software gets added to the organization’s environment, it can be difficult to keep track of all new installations. Regular inventory updates can help software asset managers identify new software and ensure that it is properly licensed and approved.
Track software usage: Software asset managers can use inventory data to track software usage and identify any underutilized or unused software licenses that can be eliminated or reassigned, reducing software spend.
Monitor software compliance: By conducting regular inventory updates, software asset managers can ensure that all software is properly licensed and compliant with vendor agreements. This helps prevent license non-compliance issues that can result in costly fines and legal penalties.
Optimize software costs: Regular inventory updates can help software asset managers optimize software costs by identifying opportunities to consolidate licenses, renegotiate contracts, or leverage volume discounts.

The tools, insights and benchmarks needed to manage your organization’s technology portfolio.

Circuit board: connect your tech

Visualize & Verify

Key Metrics

Map Integrations

Resources

Benchmarking: know how you stack up

Cohorts: your industry insights

FAQs

Product

Company

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