Zylo SaaS Management Tool Review
Research shows that By 2025, 85% of businesses will be SaaS-based. The implication is that challenges like SaaS subscription management and optimization will also increase. While SaaS tools are highly flexible and allow collaboration, it can be challenging to manage them, especially when you’re subscribed to a number of them. Zylo is that tool that promises complete visibility and management of all your SaaS investments.
Zylo is a complete solution to simplifying the complexities of your SaaS usage, expenditure, and procurement. With the empowerment that comes with using SaaS tools, it’s critical to review Zylo’s functionality thoroughly. This article provides an overview of Zylo, including its features, pricing, integrations, terms, and policies, to help you decide if it’s a worthy investment.
Zylo Overview
Zylo is a SaaS management software that helps businesses get insights into their SaaS use, including subscription cost, inventory, and optimization. Companies in different sectors that depend on SaaS tools to foster productivity can get a clear view of the ROI of their SaaS investments.
Zylo helps businesses answer questions like, How many applications does my business use? Are these applications used efficiently?, and Are we getting the best price for our renewal terms?
Eric Christopher, Ben Pippenger, and Cory Wheeler founded Zylo in 2016. With 15 years of experience buying and selling software, Eric worked as a sales team lead at SaaS companies Sprout Social Inc. and Shoutet, where he saw the need for better software management within organizations. This led to the birth of Zylo, a platform that can help companies discover, govern, and optimize their SaaS applications.
Today, the company has raised over $72 Million in funding, over $33B in SaaS spending, and 30 million licenses under management. As a leading SaaS management platform, it’s no surprise that it is backed by top enterprise software investors, including Bessemer Venture Partners, Menlo Ventures, and High Alpha.
An average company spends about $50M on SaaS annually and miscategorizes about 51% of this amount in the expense system. Organizations also underestimate their total application count. But with Zylo’s broad and flexible framework, it’s easier to control SaaS costs and reduce risks.
- Established: 2016
- Founders: Eric Christopher, Ben Pippenger, and Cory Wheeler
- Headquarters: Indianapolis, United States
5 Core Features of Zylo
Expert Opinion
Rating: 4.8/5
Zylo is a valuable tool for anyone looking to optimize their SaaS usage and spending, as it provides complete visibility into all SaaS tools.
Two things we loved the most about Zylo is its efficiency with helping us save money by sharing insights on redundant tasks. The cost-saving module was helpful for monitoring cost-reduction efforts. The second is Zylo’s simple interface. It enables you to analyze data at the very basic level.
A few times, we discovered inconsistency in the information provided, but that is more likely for companies with complex systems. But, the customer support team is responsive and ready to provide Zylo help when you encounter such challenges.
Exploring its features, we appreciated how seamless it is to streamline and manage your SaaS portfolio with Zylo. The software provides reports which you can download and share to team members in CSV format. Zylo system provides a clear picture, including everything from SaaS subscription information to other technicalities. However, we wish some insights on the report could be a bit less complex.
Overall, we’ll say the Zylo software is a resourceful tool. While Zylo already provides several integrations, we’d love to see more integrations in the future.
Notable Features Of Zylo
Zylo has a robust suite of features that functions together to help you manage your SaaS applications. Here are some notable features:
1. SaaS Inventory and Visibility
There’s a possibility that your business has more SaaS applications than you think. According to Zylo, companies underestimate their SaaS stack by about 50%, which is why they recommend their SaaS inventory and visibility management tool. With Zylo’s AI-powered matching models, you can uncover and categorize your SaaS products.
A senior software manager at Genesys pointed out how they discovered they had over 600 applications through Zylo SaaS management tool. The company initially thought they had only 100 before using the tool. Without a proper SaaS inventory and insight management tool, such misconception is very likely.
Leveraging the SaaS inventory and visibility feature gives you the essential data of all your SaaS investments, including the billing terms and payments. This saves the stress and time it takes to manually search for contracts and update spreadsheets.
2. SaaS License and Spend Management
Using Zylo SaaS management tool provides visibility into your SaaS portfolio and helps you understand how many of these apps the company uses. You can quickly identify underutilized licenses and take action to maximize your SaaS investments.
With Zylo’s license management capabilities, you can identify overlapping SaaS applications and redundancy areas. For example, having all your apps on a centralized platform can help you make comparisons. Is your marketing team’s project management tools different from the ones the developers use?
This app-to-app comparison is easier when you have clear visibility and insight into your SaaS portfolio. You can determine applications that perform the same functions and manage your license and renewals more efficiently. Not only would this help save cost, but it also creates a more streamlined workflow.
3. SaaS Negotiator
With this feature, Zylo promises an average of six times more ROI, guaranteed by their experts. Whether buying a new application or trying to negotiate a renewal, these experts facilitate the process from start to finish. This ensures you get the best offer possible, save resources, and free up time for more strategic tasks.
SaaS negotiators leverage Zylo’s $30B in SaaS spending and industry-leading benchmarks to secure a suitable price for your applications. Jon Alves, senior manager of strategic sourcing at Momentive, shared testimonies about this tool. The company achieved total contract savings of 8% and lowered its SaaS spending by an additional 3%.
Keeping up with SaaS renewals takes time and effort, but the process is seamless with Zylo’s SaaS negotiator. They manage the negotiation process, from communicating with vendors to ensuring internal and external approvals.
4. SaaS Manager
Zylo has a team of experts that can help you strengthen your SaaS management strategy. This feature lets you maintain your records and get clear insights into your SaaS inventory. The team is always available to alert you of illegal purchases and provide reports on custom metrics crucial to your business growth.
These experts report to the company executives and empower business leaders with the information necessary to make business decisions. They provide the appropriate data to help you understand how to utilize your SaaS portfolio properly. This way, you avoid unnecessary spending and achieve your savings target.
4. SaaS Benchmarking
With Zylo, you can see how your SaaS stack compares with competitors. Portfolio benchmarks help you see the relationship between your applications and understand how they mix. This can help you know how many apps you should have and if you overpay for applications.
You can ensure the tools you currently have are best for the job by seeing the popularity of your applications. Compare these apps with others and get insights into top recommendations by category or functionality.
Zylo Integration
As Zylo is a management software for SaaS applications, it provides the flexibility to integrate with SaaS applications in your way. Zylo also works well on various browsers on both mobile and desktop devices. It connects with thousands of applications and allows you to optimize and manage your application stack.
Regardless of where you store your data, Zylo offers reliable integrations with your technology stack and with maximum flexibility. You can leverage these integrations to collect, analyze, and visualize the data. Zylo’s integrations also help you uncover relevant insights across license adoption, SaaS spending, and user activity.
The company integrates with several collaboration tools like Slack, Asana, Zoom, Airtable, Docusign, and Netsuite. It boasts a growing integration ecosystem, and aims to partner with more companies in the future.
Zylo Pricing and Plans
Zylo does not have publicly available pricing information on its website, but you can always get a custom price quotation by contacting the sales team. When you visit the site, click the Pricing option. Through this, you can get a plan tailored to your business needs and at a price that works for you.
To see the features that come with the plans, you can click on Included in Platform. This shows a list of features. You can click on each feature to learn more about them. Depending on your business needs, you can select from the add-ons to better customize your plan.
After selecting all the necessary features, you can request a customized quote. You can also request a free demo to understand how these features work in your unique case.
Terms and Policies
Zylo collects and stores customer financial data and information on employee utilization. The company may store, use, or share your personal information to ensure they provide the best service possible. They define personal information as one that identifies with a particular user, device, or household.
The company may get your personal information directly when you register on the site, subscribe to their newsletter, or interact with their live chat feature. They may also get it indirectly from you through information collected while providing their services. Zylo may also collect your information directly or indirectly through your activities on their website.
Zylo may only disclose customer data to a third party for business purposes. They also do so under a contract that describes the exact purpose and the requirements for keeping the information safe.
Zylo only offers its services to people over the age of 18. The company also welcomes feedback or inquiries about services you may use or like to use.
Customer Support
You can contact the support team by submitting a ticket on the company website. Click on the Contact user section on the website and fill in the necessary information. You can ask for whatever help you need, whether you’re looking to partner with Zylo, start your SaaS management journey, or ask questions.
Before submitting the ticket, Zylo will require you to provide your full name, company, and business email. You also specify what you want by selecting general inquiry, partner inquiry, or press inquiry from the options.
One of Zylo’s team members will contact you through your email address after submitting the form. Alternatively, you can use the chatbot at the bottom of the website to schedule an appointment.
You’re to select a day and time for the meeting. But you should know that the earliest you can set the meeting for is the next day. You can also book a demo on the website for practical experience using the tool. Complete the form and provide details, like your name, business email address, and company name.
Wrapping up
Impel enables us to deliver a better online shopping experience, leading to a 23% increase in time spent on VDPs and 36% more lead submissions. These are the words of Tim Ferreira, eCommerce and parts director at GaryRome AutoGroup.
Would you like to find out how true this is? Then, request a demo or contact the sales representatives to ask questions to help you determine if Impel is the extra sauce your auto-dealership business requires.
Contributor: Jude Enosegbe
