Case Study: Wefunder saves $400K and uncovers duplicate SaaS spend with CloudEagle.ai

Wefunder Identified They Were Spending Twice on a Single Application

Wefunder faced the challenge of managing its SaaS spend with spreadsheets, which lacked real-time visibility and only tracked about one-third of their applications. This led to overspending, including an undetected issue where they were being billed both monthly and annually for the same application. They turned to CloudEagle and its SaaS spend management platform for a solution.

CloudEagle integrated with Wefunder's finance systems, providing a complete view of their SaaS stack and immediately identifying the duplicate billing. This discovery and other optimizations resulted in over $400,000 in savings. The CloudEagle platform also streamlined management, saving the company 1,530 hours annually that were previously spent on manual tracking.

Wefunder

Sophie Wang

Director of Finance