Before you start
You do not need a finance degree or a procurement system to run a first SaaS subscription audit. You need one honest list: every tool your team pays for, with its monthly cost. If you only have annual prices, divide by twelve so everything sits in the same unit.
The point of the audit is not to produce a pretty report — it is to find the two or three decisions (cancel, consolidate, or keep) that you have been putting off.
Step 1 — list every tool with its monthly cost
Open a plain list and write one tool per line as Name, monthly USD:
Slack, 8
Notion, 10
Coda, 12
Zoom, 15
Loom, 12
Discord, 7
Do not worry about categories yet. The only rule is honesty — include the forgotten trial and the tool only one person uses. A SaaSpend audit takes this exact format, so you can paste it directly.
Step 2 — group tools by what they do
Sort the list by function: chat, docs, meetings, video, design, project management. This is where overlaps become obvious. Two chat apps and two doc tools in one company is common, and most teams never see it until the list is grouped.
SaaSpend does this grouping automatically and produces a deterministic duplicate-category checklist — the same list always returns the same flags, so the result is reproducible rather than a guess.
Step 3 — flag the duplicate categories
For each category where you run more than one tool, ask one question: "Do we need both?" A chat app and a docs app rarely justify two paid versions each. The duplicate-category flag is the highest-leverage signal in the whole audit, because consolidation there tends to be the largest recoverable spend.
Step 4 — surface forgotten and low-use tools
Mark any tool with no clear owner, no recent activity, or a renewal nobody approved. These are the quiet leaks: a $9 trial that became a $9 monthly charge, a seat count that tripled during a project and never came back down.
SaaSpend adds forgotten-tool flags so these surface without you having to remember which intern set them up.
Step 5 — read the suggested savings, then decide
The audit returns a suggested savings estimate — what consolidating each duplicate category to a single tool could remove from your monthly bill. Treat it as an upper-bound opportunity, not a bank deposit. Real savings only land when someone actually cancels or migrates, and your real contract terms (annual lock-ins, seat minimums) may change the math.
What to do after the audit
Turn each flag into an owner and a date. "Consolidate chat apps" with no owner becomes "still paying for both" next quarter. Re-run the audit after every renewal wave so the list stays current instead of decaying into another stale spreadsheet.