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Jason Leet
Chief Financial Officer, Zylo
Jason Leet is a highly experienced finance professional with a Bachelor's Degree in Accounting from Butler University.
He held key financial positions in various organizations, including as the Former Chief Financial Officer at Zylo, Former Senior Vice President of Finance at Salesforce, and Former Vice President of Finance at ExactTarget.
Jason also served in roles like Former Senior Director of Finance & Accounting, Former Director of Finance, and Former Associate Director of Finance at companies like ExactTarget and Affymetrix.
Prior to his corporate roles, Jason Leet started his career as a Supervising Senior in Audit at Ernst & Young, located in Palo Alto, CA.
Highlights
Hot take: not enough CFOs are addressing their software spend.
As we are all looking at ways to lower our operating expenses and drive efficiency, so often we turn to cutting headcount and real estate… and stop there. Or for the CFOs that do take it one step farther, we put a freeze all software spend … and again stop there.
After real estate and people, software is likely your next largest operating expense.
So as we head into planning and budget season for the next fiscal year, my message to fellow CFOs is this: Stop Sleeping on Your Software Spend.
There are massive savings opportunities waiting in your software spend, if you take the time to look for and address them.
A few places to start: Reduce Redundancy - how many project management tools do you have? collaboration tools? file sharing? Chances are it’s more than 1 and, beyond that, more than you need. Where are there opportunities to streamline and even consolidate your purchasing power with one or two vendors? Eliminate Waste - according to Zylo’s 2023 SaaS Management Index, 44% of licenses are wasted in a given 30-day period. Partner with IT to understand actual usage of your top spend apps and identify where you can reduce licenses. Improve Your Renewals - Renewals are THE time to actually capture savings from our SaaS contracts. Build a process to help you stay in front of them and give your teams time to prepare. And things like benchmarking data and even outsourced negotiation experts are worthwhile investments that can deliver massive return on your initial investment.
So I’ll say it again: stop sleeping on your software costs and start taking action now.
