Just like driving a car requires careful attention and proper use of the brakes, using SaaS tools also requires proper governance. Without effective SaaS governance, businesses are at risk of making costly errors and operating inefficiently. In fact, failing to govern SaaS properly can be thought of as driving a car without brakes – it’s a recipe for disaster.

Here are some reasons why SaaS governance is so important:

Risk management

When you’re driving a car, you’re constantly assessing risks and taking measures to avoid accidents. Similarly, with SaaS governance, you need to be aware of the risks associated with the use of each tool and take steps to mitigate those risks. This can include implementing security protocols, monitoring usage, and ensuring that SaaS tools comply with industry regulations.

Cost optimization

Just as you want to use your car’s brakes as little as possible to save on fuel and maintenance costs, you also want to optimize your use of SaaS tools to minimize expenses. Proper SaaS governance can help you identify redundant or unnecessary tools, negotiate better pricing, and ensure that you’re only paying for what you need.

Efficiency improvement

Using SaaS tools should make your business more efficient, but without proper governance, it can have the opposite effect. For example, using too many SaaS tools can result in data silos and redundant workflows. By governing your SaaS tools, you can streamline your processes, improve data management, and ensure that your tools are being used to their fullest potential.

Compliance

Just as you need to follow traffic laws and regulations when driving a car, you also need to comply with industry regulations when using SaaS tools. Proper SaaS governance can help you ensure that your tools comply with relevant regulations and avoid costly fines and legal issues.

In conclusion, effective SaaS governance is critical for businesses that rely on cloud-based software tools. Without proper governance, businesses are at risk of making costly errors, operating inefficiently, and failing to comply with industry regulations. So, just as you wouldn’t drive a car without brakes, don’t use SaaS tools without proper governance – it’s a recipe for disaster.

‍