Case Study: ElectroNeek achieves SaaS spend visibility and SOC 2 compliance with 1Password SaaS Manager

ElectroNeek gains 100% visibility and streamlines SOC 2 compliance with 1Password

ElectroNeek, a Robotic Process Automation company experiencing rapid growth, faced significant challenges in managing its sprawling SaaS application portfolio. Manually tracking over 100 apps in spreadsheets was a headache for the IT team, leading to poor visibility into license usage, difficulty optimizing spend, and a complex process for SOC 2 compliance audits. To solve this, they turned to 1Password's SaaS Manager product to gain control and automate their SaaS management.

By implementing SaaS Manager from 1Password, ElectroNeek achieved 100% visibility of all managed applications, with connectors covering 80% of their apps by spend. The solution provided accurate, trustworthy data that streamlined SOC 2 audits, reduced SaaS sprawl, and delivered direct cost savings by identifying unused licenses. 1Password's tool also integrated with finance systems to flag SaaS purchases on corporate cards, enabling ElectroNeek to demonstrate efficient spend control to investors and stakeholders in a fraction of the previous time.

ElectroNeek