Like most established businesses, Fexa is managing hundreds of unique vendors and contractors, each with their own unique contracts and terms. With so many contracts to manage and no single source of truth to find the relevant data, Fexa found that they were missing contract renewal dates and incurring unnecessary rising costs far too often. Fexa needed a solution that could centralize vendor information, automate time-sensitive tasks, and, most importantly, help them drive down these ever increasing vendor costs.

Stackpack’s centralized vendor and contract data immediately increased Fexa’s visibility and control over SaaS expenditures and renewal dates. With automated renewal alerts, Fexa hasn’t missed a deadline since first integrating with Stackpack’s platform. Not only has this ensured that the team can avoid unexpected costs, Stackpack’s proactive alerts have allowed Fexa’s leaders to better renegotiate existing contracts, driving expenses down even further.

By highlighting a company’s most expensive vendors, Stackpack offers leaders a clear opportunity to proactively renegotiate their terms. After integrating with Stackpack, Fexa was alerted that both their ZoomInfo and Salesforce contracts - two of their more strategic vendor relationships - were set to increase in cost at their next renewal. Having these alerts ahead of time allowed Fexa to explore alternatives, gather competitive quotes, and, ultimately, secure better terms with their best partners well in advance of their contract renewal.