SaaS sprawl is out of control. Introducing Quolum SaaS Card. A corporate card exclusively for SaaS purchases. Track SaaS consumption and manage renewals. Whitelist vendors and cancel proactively. SaaS payments + consumption monitoring bundled.
Thanks, @kevin for hunting us! Butterflies and excitement as I write this first comment.
Charge Cards have come a long way since Frank MacNamara struggled to pay for his expense at the Majors Cabin Grill restaurant in 1949. Payment Cards represent a frictionless movement of money between the bank that issues a card to an acquirer that helps a merchant accept it. We think that now is the time to augment this electronic value exchange with another layer of great software and services to support a buyer.
As a first step, to help make progress towards that vision, today we are launching the Quolum SaaS Card to help buyers of SaaS products get SaaS Management features with them.
When you buy a subscription to Zoom, Atlassian, or your go-to SaaS application, you also get to see whether you are consuming these products or there are some licenses sitting as shelfware. We have taken the unique step of bundling SaaS Payments with SaaS Management.
It took a lot of hard work, sleepless nights, and learning some cool new tech to push this new solution out of the door. Acknowledging, while we are making progress, the pandemic runs strong in many parts of the world.
A few features to help pay and manage SaaS purchases:
- Spending Controls
- SaaS Consumption Monitoring
- SaaS Catalog
- Application discovery from GSuite, Okta, and Azure AD
- Invoice Processing
We have just started on this Journey. We see a lot more possibilities in the SaaS Management space. Sign up with us as we launch to infinity and beyond. Signup, if you need your own SaaS Card, or just send us your hugs and kisses.
@kevin@1ndus congrats on the launch.
Here are my βnice to haveβ:
- reconcile for invoices
- export to xero/QB
- expense planning (based on the charge cycle)
- show average spent per vendor in the industry / region
- guarantee protection from force charge (LinkedIn)
- offer clear chargeback policy and customer support
@eugenehp Thanks. We are working on a few of those items. For LinkedIn, do you mean that they charge you for the job posting beyond 30 days even if you close?
@1ndus When you switch plan to Sales Navigator or Premium and back, they will charge you extra on the more expensive plan "by mistake", and then it takes long hours of customer support to get that refund.
This solves a big pain. The demo looks fantastic and am sure the finance teams will love the spend controls and single invoice. Cant wait to use this once it launches for Indian companies.
@sameergshah absolutely bang on. Our research with CFOs showed us how much pain they go through week over week managing SaaS invoices and payments. We will launch soon in India. Thanks for your support!
I love the demo. I am excited what this means for small SaaS vendors as well. Getting a corporate card on file for small spends is a non-trivial problem. Question though, is this available to customer in all markets or are your currently focused on the US markets.
@ku1deep Thanks for the love β€οΈ
Currently, we are supporting businesses registered in US and CA. We will move to markets in LATAM, EU, MEA, APAC and others over the next few months.
It appears the only way for "internationals" (people not in North America) to get updates is to request access. You don't ask which region or country someone is from, so I expect to get invited long before it's available to me.
@ianmayman We are taking a few signups everyday to provide a personalized onboarding to all our customers. Since you have signed up, on the followup emails we will ask for details about your business registration country and put you in the right queue for onboarding. Thanks for signing up with us. Looking forward to speak with you soon.
Lovely demo!
This Biryani has been in the making by Masterchef @1ndus and the Quolum team for some time now. Great to see it ready to be served hot. All the best!
Super nice @1ndus. Look forward to support for India headquartered companies. Would signup immediately. Curious what the paid plans would be priced at.
Product looks super sleek, intuitive. Congratulations on the launch @1ndus!
Question - can we monitor usage of the SaaS apps with central user management from Quolum?
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