We are currently doing our Application Rationalization due diligence across multiple regions in the U.S., along with being able to document the cost reductions from this effort.  We are aware that we don't expect to have the ability to do this quickly.  As we look to a long-term solution, we are looking at what software or tools you have used to launch this effort to move data from a spreadsheet to a tool for this effort that will be quick/simple with minimal resource effort for the next year.  Thoughts?

Hiya, we are half-way through a similar exercise, but it is not just about cost, it is about modernisation. We are most likely a lot smaller than your business and we are not looking for a specific tool to support this exercise (ironic to be searching for a software tool to manage applications) and will utilise existing tech we already have. We will be utilising a SharePoint registry approach, with some smarts to support management activities (monitoring dashboards, alerts, reminders) which will enable us to keep track of our applications and provide transparency.

Hello, We gone through a similar process of understanding our landscape, evaluating for opportunities and then executing to simplify the portfolio. While a little tedious to manage this in sheets, it's manageable because the biggest lift will be to inventory, identify and get stakeholder alignment on retiring applications. We had a lot of our cost data in Apptio and app inventory in ServiceNow, but we just used that data to drive the execution. Some ServiceNow modules and other tools may provide better ways to manage the initiative, but not a must have in the near term. You do need to think about how you make this a ongoing part of application evaluation , and that's where tools may be more handy. Let me know if you have any other questions.