Software Contract Solutions 
Oracle has announced their 2023 per-employee pricing for their standard Java software, causing worry among customers about the potential impact on those costs. This pricing is determined by the total amount of employees a company has, rather than the number using Java specifically. This news comes at a time when businesses globally are being forced … Read more
It takes good tools to drive growth. However, inefficient software purchasing creates headaches for both the budget and technical infrastructure. Companies that prioritize their tech stack keep a handle on day-to-day tech management, SaaS licensing agreements, and legal and security concerns. An efficient SaaS management process requires ongoing efforts to maintain cost and time … Read more
Your contract renewal with your supplier is an opportunity for you to improve upon your current contracts and furnish new standards that could affect your business positively. If you or your business have neglected to manage contract renewals efficiently, you run the risk of setting the company back in a number of ways. Without being … Read more
Software renewals are a great opportunity to review your goals and to determine the best path forward for your company. Decisions about software support, maintenance, and renewals are not simply about licensing or cost saving; they are also business decisions. Effective management of your renewals allows you to renegotiate your contract for more favorable terms … Read more
While there is always an urgency around annual budgeting, the current economic outlook will bring new challenges to finance teams. Now is the time to get a head-start on your 2023 budgeting process. Set your organization up for success in the new year by: identifying cost savings forecasting spend for long-term success and managing renewals … Read more
A solid contract management process extends beyond negotiating and drafting effective contracts. In this blog, you’ll learn how vendor contract management helps you achieve key procurement goals. We’ll also provide the steps you need to implement to create an effective contract management process. What is vendor contract management? Vendor contract management has many … Read more
As the end of the year approaches, we reflect on 2022 as we prepare for 2023. From a vendor management perspective, 2022 has been both a continuation and expansion of the risks and the challenges that radically changed “business-as-usual” worldwide in 2020. Vendor Management Lessons Learned in 2022 Here are some of the biggest lessons … Read more
Have you ever wondered what the difference between sourcing and procurement is? You’re not alone. While there are key differences between the two, there are some commonalities. Sourcing and procurement are valuable practices for saving money, supporting supply chain management, and ensuring a competitive advantage when buying software. Defining your sourcing and procurement processes correctly … Read more
As companies grow, they hire entire teams to handle marketing, sales, legal, human resources; the list goes on. So why leave a complex issue like software licensing and compliance up to an IT team that already has their plate full? If your company is paying software licensing fees to any software company, it’s probable that … Read more
As the end of the year approaches, now is the time to prioritize and work on vendor strategic sourcing projects. There are a variety of types of exit language that protect a business from being trapped in a deal if things change down the road. It’s easy to get comfortable with initial agreements as relationships … Read more
