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Getting Access to Pricing Data Could Cut Fintech Costs by 20 Per Cent

Businesses are spending billions annually on their software-as-a-service (SaaS) stack while enduring countless hours of buying, renewing, negotiating and managing their services.
By The Fintech Times
Oct 14, 2022
undefined min read
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Vertice, which provides a cloud and SaaS cost optimization platform, pegged the 2023 SaaS inflation rate at 8.7%. The company's annual SaaS Inflation Index, published this week, noted that nearly three-quarters of software vendors raised prices over the past 12 months.
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Software-as-a-service spending now accounts for 14.1% of a typical company’s expense line, up from 12.7% last year, according to research from Vertice.