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Procurement

Understanding HCM Software – Benefits, Players, and How to Choose

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Human Capital Management (HCM) software plays a crucial role in streamlining HR processes, enabling organizations to manage their most valuable asset: people. By automating, tracking, and optimizing employee lifecycle tasks like recruitment, onboarding, payroll, performance management, and learning, HCM software helps companies operate efficiently, ensuring that employees are engaged, compliant, and productive. What Is HCM … Read more

Companies Seek Third-Party Support and Alternatives Amid Soaring Licensing Costs for VMware, Java, and Citrix

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In recent years, enterprise technology providers such as VMware, Java (Oracle), and Citrix have increased licensing costs, leaving many businesses searching for cost-effective alternatives. Companies are now exploring third-party support providers and alternative software solutions to manage their IT infrastructure without significantly impacting their budgets. In this blog, we’ll discuss why companies are turning to … Read more

How to Streamline Your Procurement Process

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Procurement

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

Understanding the Impact of Oracle’s Java Subscription Changes

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Earlier this year, Oracle changed its Java SE Subscription requirements. Customers are now required to purchase Java SE Universal Subscriptions aligned with their total number of employees; even if they do not use the software directly, indirectly or at all. Additionally, customers are now required to license all Employees, Agents, Contractors, and third-party temporary workers … Read more

The Importance of Indirect Procurement

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Indirect Procurement – a term that many of us have heard of but often overlook. The importance of indirect procurement in any business cannot be stressed enough. The indirect procurement process deals with non-production items that are required for the smooth functioning of a business. These items range from stationery and office supplies to furniture, … Read more

Five Best Practices for Effective Vendor Management

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For most companies, relationships with external vendors are integral to the successful running of the business. Vendors supply essential software, production elements, and oversee overhead and utilities. To streamline vendor management, cut costs, reduce risks, and boost profitability, there are five essential best practices to consider. Incorporating them into an efficient process is sure to … Read more

Maximizing Value and Compliance: The Essential Role of SAM Advisory Services in Large Enterprises

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In an era where software governs critical business operations, managing digital assets efficiently is more important than ever for large enterprises. Software Asset Management (SAM) is not just about keeping track of what’s installed; it’s about understanding your software environment to control costs and ensure compliance. This complexity has grown with the advent of cloud … Read more

Leveraging Efficiency: The Benefits of Sub-capacity Licensing for IBM

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IBM’s approach to software licensing has evolved to include various models tailored to meet diverse business needs. One such model that stands out for its cost-effectiveness and adaptability is subcapacity licensing. This licensing model allows organizations to pay only for the computing power they actually use, rather than the full capacity of their servers, offering … Read more