SaaS Purchasing Insights

April 2023

AI SaaS Growth

Share of spend for AI tools has increased 500% since the start of this year

AI tools are in high demand across our user base, with data showing that one in three companies are now using AI software, up from one in ten earlier on in the year. This has resulted in the share of spend for these tools increasing by 500% since the start of 2023.

Read the latest SaaS insights on our blog ›

Trending AI Tools

Bizzabo
Marketing
Jasper
Marketing
Fireflies.ai
Productivity
Lumen5
Marketing
Murf
DevOps

Mid-sized companies are spending 2x on SaaS per employee vs enterprises

Not only are smaller businesses able to make use of fewer tools but, with less functionality requirements, they can also typically achieve better deals on their software stacks — a better price per user, for example.

Similarly, enterprises are in a position to negotiate a better price per license due to economies of scale. This leaves mid-sized companies with between 1,000 and 2,500 employees paying the highest amount per user for SaaS, with an average spend of $10,000.

Get SaaS vendor pricing intel ›

See what's trending with Vertice

We’re tracking the biggest movers and shakers with our SaaS trend forecast. Check out our listings of the best and brightest in upcoming SaaS players or our hot picks for April 2023.

New product release: Diligence Insights ›

Most Flexible Pricing

Loom
IT & Security
Vanta
IT & Security

Best Vendor Renewal Process

Greenhouse
Human Resources
Heap
Analytics

Hot Vendors

1Password
IT & Security
Culture Amp
Human Resources
Freshworks
Customer Success
GitLab
DevOps
Glassdoor
Human Resources
Loom
IT & Security
Miro
Product
SentinelOne
IT & Security
Vanta
IT & Security

Further reading

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