Product Overview of Zylo
Zylo is a comprehensive SaaS (Software as a Service) management platform designed to help enterprises gain complete visibility, control, and optimization of their SaaS applications and associated spend. Here’s a detailed look at what Zylo does and its key features:
Core Functionality
Continuous and Comprehensive Discovery
Zylo Discover, powered by AI, continuously ingests financial transactions to uncover all SaaS applications in use within the organization, regardless of who purchased them. This includes applications bought through traditional IT channels as well as those expensed outside of IT, often referred to as “shadow IT”.
Key Features
Centralized Inventory and Categorization
Zylo creates a centralized, complete, and categorized inventory of all SaaS applications using an industry-leading library of over 22,000 applications. This ensures that every application is matched and categorized accurately, providing a real-time and up-to-date picture of the entire SaaS stack.
Spend Management
The platform offers complete spend analytics and management tools, processing over $2 trillion in business transactions. It tracks all software spend, including expenses not captured on purchase orders, to identify out-of-policy purchasing, license waste, and overspending. Users can visualize trends across their entire SaaS stack and drill down into individual applications to surface redundant subscriptions.
Security Detail
Zylo’s Security Detail, powered by Netskope, provides security risk assessments for each application. This helps prioritize remediation efforts and identifies applications with security vulnerabilities. It also enables the creation of a roadmap to bring these applications under Single Sign-On (SSO) for enhanced security.
Shadow IT Management
The platform integrates with expense management tools to identify applications purchased with employee credit cards, uncovering unauthorized applications. User activity monitoring reveals shadow IT usage patterns, ensuring compliance and budgeting considerations are addressed when onboarding new applications.
Usage Connect
Zylo offers a centralized no-code connection for usage data, addressing technical blockers, security concerns, or SSO limitations that might prevent direct integration.
App Overview
This feature centralizes app spend, usage, and adoption trends on a single screen. It helps IT, Finance, and Procurement teams understand SaaS subscriptions’ cost-effectiveness, identify underutilized licenses and redundant applications, and make data-driven decisions to eliminate software waste and reduce spend.
Renewal Management and Optimization
Zylo provides automatic alerts and insights for upcoming renewals, helping teams negotiate better terms, right-size licenses, and avoid auto-renewals of unused subscriptions. This feature ensures that organizations do not lose money to unnecessary renewals and can optimize their SaaS portfolios.
Integrations and Workflows
The platform offers deep integrations with various software tools to power better insights and streamline actions. It enables workflows to re-provision or deprovision licenses based on usage, enhancing efficiency and cost savings.
Benefits for Different Roles
For IT
Discover all SaaS applications, monitor usage and spend, and increase efficiency and user satisfaction.
For Procurement
Reduce costs by eliminating redundant apps, unused licenses, and duplicate subscriptions. Utilize Zylo Benchmarks for negotiating power.
For Software Asset Managers
Increase cost savings and efficiency by cutting redundant SaaS applications and managing license provisioning.
For CIOs
Use SaaS investments to drive business outcomes, ensure employees have necessary tools, and manage security and spend effectively.
In summary, Zylo is an indispensable tool for enterprises seeking to optimize their SaaS ecosystems, enhance security, reduce costs, and improve overall software management. Its comprehensive features and integrations make it a leader in the SaaS management space.