LeaseQuery, a provider of lease accounting software, has announced its acquisition of Stackshine, a SaaS spend management platform. Stackshine’s SaaS spend management platform is designed to assist companies in tracking and optimizing their software spending and usage.
Stackshine, established in 2019 as a Y Combinator company, offers a platform that identifies the SaaS software being used by a company, identifies potential cost-saving opportunities, and utilizes AI to automate processes such as employee onboarding and offboarding. With LeaseQuery’s acquisition of Stackshine, customers of both companies can benefit from enhanced resources and capabilities to manage their software spending more effectively.
This acquisition aligns with LeaseQuery’s commitment to providing comprehensive solutions for financial and operational management. By integrating Stackshine’s SaaS spend management capabilities, LeaseQuery aims to offer its customers a more holistic approach to managing their financial and operational processes, including lease accounting and software spend optimization.
For more information about LeaseQuery and its acquisition of Stackshine, please visit the company’s official website.