How Fortune 500s Use Procurement to Manage Shadow IT

Episode 34 of Enterprise Tech explores the hidden cost of shadow IT — software bought by employees without procurement's knowledge. Lucas and Luna break down how Fortune 500 companies are using procurement controls, SaaS management platforms, and AI-driven audits to reign in unsanctioned spending. They discuss a real example: a manufacturing firm that discovered $4.2 million in annual SaaS subscriptions through a single audit. The episode also covers the tension between empowering employees and maintaining governance, and how smart procurement departments are shifting from gatekeeping to enablement. No ads — listener-supported. #ShadowIT #SaaSManagement #Fortune500 #EnterpriseTech #Procurement #AIinBusiness #SoftwareGovernance #TechAudit #BusinessPodcast #FexingoBusiness #ITSpend #VendorManagement #CostControl #DigitalWorkplace #Compliance #TechStrategy #LucasAndLuna #EnterpriseSoftware Keep every episode free: buymeacoffee.com/fexingo