Quolum, a startup aiming to help companies control their spending on SaaS subscriptions, launched out of Sequoia's Surge accelerator program with $2.75 million in seed capital.
As companies look for ways to save costs during the coronavirus pandemic, software subscriptions are likely to become a growing area of focus.Large corporations looking to scale down on subscriptions to different software services now have a way to begin cutting responsibly — by testing another software.
Quolum aims to sell its software to large companies, who can often fall victim to hasty employee spending. By keeping track of employee usage data, Quolum's software allows companies to approve and keep track of the different software subscriptions that its hundreds of employees use and expense to the company.
Khaitan said that office spending on enterprise software reminded him of unregulated office spending on websites like Amazon and eBay in the heyday of the dotcom era. Back then, he could theoretically choose to buy anything and expense it to the company without first going through any process for keeping track of spending.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside Net City, Tencent's 320-acre futuristic neighborhood in China - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Please don’t do this US should game up their infra they gotta stop aiding other countries and start aiding themselves. IMO
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside story of Brex layoffs after $150 million raise - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Affirm launches high-yield savings account - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. With the HIGH interest rates they charge, it’s the least they can do for those using these crooks as their savings bank.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Fannie Mae launches its Here to Help program during COVID-19 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
The CBCC president on helping Black businesses during the pandemic - Business InsiderHow the president of the California Black Chamber of Commerce is helping thousands of Black business owners weather the pandemic and fight systemic racism in the lending process (by RobinMadell) RobinMadell What's the California White Chamber of Commerce up to?
Source: BusinessInsider - 🏆 729. / 51 Read more »
Business Insider's best investing stories of the week ended June 9 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Where is KimJongUn NorthKorea supreme leader Kim Jong un IS THE DICTATOR DEAD
Source: BusinessInsider - 🏆 729. / 51 Read more »