According to Statista, between 2015 and 2022, the average number of SaaS apps utilized by businesses increased from 8 to 130.
Organizations have been utilizing SaaS management platforms like Torii to manage their ever-growing SaaS stack. However, as time has passed, new options have come into the picture, offering better features at lower costs than Torii.
As a result, organizations are urged to seek alternatives to Torii for efficient SaaS management, vendor management, and streamlined procurement processes in 2023.
Transitioning to a new platform can seem like a hassle. But it is necessary in these uncertain economic conditions to keep your software stack optimized and spend under control.
We know you want to explore Torii alternatives and competitors, which is why you’re here.
Don’t sweat it. This blog post will provide an in-depth list of the top 7 Torii competitors and alternatives for 2023. These are not just regular options but feature-rich platforms that’ll give you comprehensive control over your company's SaaS stack.
7 Torii Alternatives And Competitors
CloudEagle
CloudEagle is one of the best Torii alternatives, as it is an all-in-one SaaS management and procurement platform. With a focus on discovery, savings, and streamlined procurement processes, CloudEagle is the go-to solution for businesses of all sizes looking to optimize their SaaS stack and streamline procurement.
Unlike Torii, CloudEagle has transparent, cost-effective pricing suitable for companies of all sizes and promises potential savings. In addition, CloudEagle has SaaS buying services, procurement workflows, and an AI-powered vendor recommendation engine to help you ace negotiations, automate SaaS purchasing, and select the right vendors.
Torii’s primary focus is SaaS management, which has the right features to help organizations optimize their stack. But organizations nowadays are looking for a full-stack solution that offers both platform and service solutions. CloudEagle's SaaS buyers are available on demand to help your team negotiate with the vendor or take over the entire negotiation process and purchase the right product for you.
What distinguishes CloudEagle from Torii is its robust capabilities in both SaaS management and spend management and its capacity to streamline intricate procurement processes, an area where Torii falls short. So, if you aim to streamline your complete SaaS lifecycle, CloudEagle emerges as the preferred choice for organizations like yours.
Features
App Discovery
CloudEagle enables complete app visibility by integrating with your internal systems and applications. It allows IT professionals to proactively prevent the onset of shadow IT by providing alerts to identify free applications.
It provides complete oversight of SaaS spend, usage, licenses, and users to help you manage essential assets from one central location. You can use accurate usage and spend insights to ace your negotiations with vendors.
Contract Management
Utilize CloudEagle's unified solution to centralize contract and invoice management, allowing quick access for vendor negotiations, audits, and other critical business tasks while avoiding the risk of lost records due to decentralized storage practices.
If you're curious about how CloudEagle can assist your organization with contract management, check out Oyster HR's success story.
They faced challenges in managing multiple SaaS applications with outdated spreadsheets, impacting scalability, user tracking, and cost optimization. CloudEagle helped them transition away from their SaaS spreadsheets.
Renewal Monitoring
With this platform's proactive approach, you can stay ahead of SaaS license renewals. Based on contract information, the platform creates a renewal calendar and sends renewal reminders 90 days before deadlines. Thereby paving the way for efficient negotiation preparation and usage analysis.
Use CloudEagle's expert negotiators to streamline vendor negotiations, assess market trends, and purchase products based on your peers' pay. You can take the lead based on our expert advice or let our experts lead the negotiations; the choice is yours.
Automated Workflows
Using no-code procurement workflows, you can increase transparency, reduce bottlenecks, save time, and streamline procurement. Whenever a purchase request is initiated, all relevant stakeholders are automatically notified via Slack and email, allowing them to contribute and expedite the purchasing process.
Slack Integration for Procurement
Facilitate smooth purchase requests straight through Slack, enabling the setting up of dedicated private channels for collaborative decision-making, expediting the procurement process, and boosting efficient interaction among stakeholders.
Vendor Research
Utilize AI-powered vendor recommendation system to do in-depth vendor research within the platform, comparing costs, features, and reviews for informed decision-making, eliminating the need for significant external research.
Cost Optimization
Identify underutilized applications and reduce wasteful SaaS spending using CloudEagle's simple dashboard, which allows complete analysis and optimization decisions, resulting in optimal resource and license allocation.
Automated User Provisioning and Deprovisioning
Grant and revoke access to applications without visiting each application. Leverage provisioning and deprovisioning workflows to automatically suggest applications based on the user’s role and department. Likewise, revoke their access with a single click when they quit.
Here’s how Remediant streamlined user provisioning and deprovisioning using CloudEagle.
This feature is incredibly helpful for companies looking to streamline the process of granting SaaS access to new employees and revoking access when they leave.
For example, see how Alice Park at Remediant simplified onboarding and offboarding using CloudEagle's auto-provisioning and deprovisioning workflows.
Additional features
- Extensive SaaS application catalog
- Pre-negotiated vendor discounts
- Custom fields
- Create workflows for any type of purchases
- SaaS marketplace
- Latest pricing benchmarks
- Quickest onboarding in the industry.
It has three transparent, cost-effective pricing plans with no hidden charges, such as support fees and integration costs, and offers more functionalities than Torii.
1. Starter - $1000/month
2. Growth - $2000/month
3. Enterprise - $3000/month
Snow
Snow is another Torii alternative and a modern platform combining software asset management, cloud management, and SaaS management, allowing enterprises to successfully and efficiently optimize their IT resources.
Its powerful licensing management decreases the risks, costs, and complexities connected with software assets while reducing duplicate apps and minimizing the risks related to shadow IT.
Features
- Application Visibility: Gain valuable insights about the applications utilized within the organization, allowing for more informed decision-making and management practices.
- Compliance Management: Snow ensures software licensing compliance, allowing enterprises to be ready for audits and regulatory checks.
- Renewal and Update Management: Handle application renewals, updates, and payment information easily for faster software maintenance.
- Easy Deployment: Snow's platform is simple to deploy and set up, reducing the time and effort necessary for implementation.
- Robust Customer Support: Benefit from dedicated and responsive customer service, which ensures seamless and trouble-free user experiences by providing easily available assistance and guidance.
Pricing
Snow Software has three pricing tiers: SaaS Excellence, ITAM Excellence, and Complete Technology. Users must contact the Snow Software team directly for complete pricing details.
Tropic
Next on the list of Torii competitors is Tropic. It is a SaaS procurement platform that aims to simplify and streamline the procurement process for businesses, focusing on the IT, procurement, and finance teams.
With Tropic, businesses may experience Fortune 500-level procurement efficiency, as its primary features are focused on procurement rather than a complete SaaS management and procurement platform like CloudEagle.
Tropic allows IT, procurement, and finance departments to manage SaaS apps, expedite the procurement process, and minimize expenses, all from a single user interface.
Features
- SaaS App Discovery: Easily identify the best SaaS applications by leveraging TropicApp's user-friendly platform for discovering customized software solutions.
- Automated Approvals: Use Tropic's automated system to speed up the approval process, minimizing the need for manual intervention and speeding up procurement processes.
- SaaS Contract Management: Ensure total visibility and complete control over contractual agreements by managing all SaaS contracts through a consolidated interface.
- End-to-end Procurement: Delegate tasks to Tropic experts, using the platform's extensive end-to-end procurement features for a hands-off, hassle-free service.
- SaaS Spend Optimization: Use Tropic's streamlined procurement and automated processes to optimize SaaS spending, saving considerable time and resource.
Pricing
TropicApp has three pricing tiers: Essentials, Plus, and Premium. Users must contact the TropicApp team directly for complete pricing details.
Flexera One
Flexera One, another top Torii alternative, is an all-in-one IT asset management solution that enables IT professionals to monitor and manage assets across numerous SaaS, containers, and clusters. It enables effective application inventory tracking and total visibility into the SaaS infrastructure.
Furthermore, it automates routine operations such as staff onboarding and offboarding, improving overall productivity for IT and HR teams.
Features
- App Insights: Gain insights into app usage, identify used and underutilized apps, and improve resource allocation for enhanced efficiency.
- License and Compliance Management: Ensure compliance with regulatory standards like GDPR and HIPAA by successfully managing licenses and renewals. Thereby minimizing the risks of non-compliance.
- Workflow Automation: Automate manual operations like renewals and onboarding using customizable workflows to improve operational efficiency. Thereby saving time and enhancing productivity.
- Flexibility and Customization: Customize the platform to meet specific business requirements while providing an extremely flexible and adjustable user interface.
- Granular Application Details: Access extensive insights into application usage, allowing for informed decision-making and resource optimization.
Pricing
Contact the team to get a customized quote.
Spendflo
Next on the list of Torii competitors is Spendflo. It is a powerful SaaS management platform that helps large enterprises with different divisions and teams identify, optimize, and secure their apps. It provides complete solutions for streamlining the SaaS procurement process, contract management, and cost optimization.
The platform combines benchmark data and organizational insights to enable informed decision-making, making it an indispensable tool for effective SaaS management and procurement.
Features
- Sentiment Hub: Spendflo's Sentiment Hub allows customers to assess consumer sentiment and feedback on software, leading to better-informed purchases and vendor performance assessments.
- Centralized Contract Management: Spendflo offers a centralized solution for efficient contract management, automating operations such as renewals and cancellations to guarantee compliance and regulatory adherence.
- Renewal Reminders: The platform regularly sends reminders for SaaS license renewals, ensuring proactive management and cost minimization through appropriate procurement processes.
- Comprehensive Monitoring: Spendflo provides complete monitoring of SaaS expenditure across users and teams, highlighting opportunities for optimization and cost management within the procurement framework.
- Identification of Underused Licenses and Duplicate Apps: Spendflo's intelligent tools help identify redundant licenses and underutilized applications, simplifying procurement procedures, optimizing resource utilization, and supporting effective cost management.
Pricing
Spendflo's base plan is priced at $2,500 per month; the plan varies based on your annual SaaS spend.
Zylo
Zylo is another leading SaaS management platform on the list of Torii alternatives. It offers IT teams complete insight and control over their application landscape. Zylo reduces the risk associated with shadow IT by streamlining SaaS application management and optimizing application costs, assuring optimum returns on investment through efficient resource usage.
Its powerful capabilities and easy-to-use interface make it a must-have tool for IT professionals, software asset managers, and CIOs.
Features
- AI-powered Discovery Engine: Zylo uses AI to help identify the best software solutions for the organization's specific needs and goals.
- Data-driven Benchmarking: Zylo's benchmarking features enable firms to evaluate the efficacy and value of various software packages, allowing for more informed decision-making.
- License and Compliance Management: Zylo effectively manages software licenses and assures compliance with vendor agreements while minimizing the risk of non-compliance issues.
- SaaS Visibility: Zylo offers comprehensive visibility into all applications utilized inside the organization, consolidating critical data in a common dashboard and encompassing application spend, contract details, and usage analytics, allowing for informed usage decisions.
- Renewal Management and Cost Optimization: Zylo streamlines the procurement process by managing application renewals and sending timely reminders, allowing for proactive decision-making and cost optimization.
Contact the team to get a customized quote.
Zluri
Next on the list of Torii competitors is Zluri. It is a modern SaaS management tool that helps businesses manage their SaaS applications more effectively.
With the proliferation of SaaS solutions on the market, Zluri provides comprehensive features to speed app discovery, maximize use, and assure robust security, solving frequent issues like overspending, underutilization, and security risks.
Features
- Application Discovery: With a massive repository of over 225,000 SaaS apps, Zluri helps identify and choose the most suitable apps according to your company's specific goals and requirements.
- Renewal Monitoring: Zluri efficiently controls and monitors all renewal processes by adopting a streamlined approval procedure, reducing unnecessary expenditures, and assuring cost-effective procurement methods.
- Application Cost Optimization: Zluri's extensive cost optimization solutions help businesses gain insights into their SaaS spending patterns while successfully regulating and managing cross-platform expenses for better financial management.
- Vendor Management: Zluri, a centralized hub for all vendor contracts, makes critical metadata easily accessible, enabling businesses to streamline their vendor management procedures and maximize their return on investment.
- Real-time Insights and Reports: Provides real-time alerts and updates via an easy dashboard, allowing you to make quick modifications and upgrades to your SaaS applications.
Zluri has three pricing tiers: Starter, Growth, and Enterprise. For specific details, users need to contact their sales team directly.
Conclusion
In Conclusion, choosing the best Torii alternative is vital for efficient SaaS management and procurement processes. Each Torii alternative and competitor has its own features and benefits, requiring careful analysis.
As a prominent Torii competitor, CloudEagle offers a comprehensive SaaS management platform with robust features such as detailed vendor research, assisted buying, optimized procurement workflows, and complete SaaS visibility.
CloudEagle's integrated platform and service offerings present a strong alternative for businesses seeking to simplify their SaaS management and procurement procedures. It stands out as the sole platform on this list that has features features for SaaS management, spend management, procurement, and assisted buying.
So, schedule a demo today and see how CloudEagle can help you manage and optimize your SaaS stack.