SaaS Purchasing Insights
March 2023
Sales teams spend more on SaaS than any other department
With sales tools now representing one fifth of all SaaS spend, it’s clear that CEOs and CROs are investing in the tools that empower sales teams to hit revenue goals in light of current economic conditions. In the last month alone, we’ve seen a 3% increase in spend on sales software.
1/3 of SaaS spend goes to waste
The average organization uses 110 SaaS tools and underutilizes 33% of licenses. Wasted software usage is highest in sales teams, with only 48% of licenses being used on a regular basis.
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 March 2023.
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