You add contracts to manage and track the budgeted costs of the SaaS software and non-software services that you purchase.
Illustration of workflow for adding contracts
You can retrieve information such as:
- The total cost of SaaS services
- The unit cost of SaaS services
If your company currency is US dollar and you record the costs for the contract in another currency such as Euro, the total cost of the contract is shown both in the company currency and in the other currency that you use.
In Oomnitza, you can use the information that is collected about contracts in your onboarding and offboarding workflows. For example, when employees join your organization, you can add workflows that automatically assign the licenses that new hires require based on their role. And, when employees leave your organization, you can add workflows to automatically terminate the licenses that are assigned to employees and unsubscribe employees from SaaS software subscriptions.
When you complete adding the contracts for your SaaS applications, you can create dashboards that monitor the usage of your SaaS applications. See Creating a dashboard for the top 10 SaaS applications and Creating a top 10 dashboard for SaaS usage.