Reveal shadow spend with new SaaS spend discovery capabilities

September 24, 2024

Nudge Security has extended our patented SaaS discovery method to include SaaS spend data from invoices in your users’ mailboxes, uncovering SaaS expenses that may not be captured by financial software.

Now, Nudge Security discovers and analyzes invoices from the last two years to extract spend data such as billing frequency, amount, renewal date, billing owner, cost center, and most recent transaction, powering the platform’s cost optimization insights. For additional context, we’ve added an inventory of invoice details we’ve uncovered for each app, including information like invoice ID, date, payment status, payee, and description of services.

These new discovery capabilities enable SaaS spend forecasting that accounts for previously-unknown spend and changes in SaaS adoption. You can track your own estimated annual budget for each app alongside Nudge Security’s record of historical spend for the last 12 months and projected spend based on actual usage. Nudge Security also calculates each app’s average cost per user, helping you prioritize SaaS deployment and investment decisions.

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