This guide evaluates ten leading application portfolio management platforms across three categories: SaaS-focused tools (BetterCloud, CloudEagle, Torii, Zylo), traditional enterprise architecture solutions (Flexera, SAP LeanIX, ServiceNow), and adjacent governance platforms (1Password, IBM Apptio, Lumos). It notes that large enterprises managing roughly 696 SaaS applications waste an average of $80.6M annually on unused SaaS licenses and require centralized visibility to optimize technology investments.