Obtaining analytical insights is indispensable for creating sensible decisions and a comprehensive market comprehension, whether you are a software purchaser, product manager, investor, or passionate fan. Furthermore, grasping these observations is essential if you desire to stay ahead of the competition. With this knowledge, you can compare your standing to other organizations as you develop … Read more
SCS has closely monitored the booming digital industry and its reliance on SaaS solutions. We have studied and decoded thousands of SaaS investments, allowing us to get an in-depth understanding of the possible challenges and advantages this entails. Our observations provide us with insights on the shifts in SaaS investments, and how they can affect … Read more
When economic uncertainty strikes, organizations tend to cut back on their spending, and IT budgets are no exception. This can be a major hurdle for teams that need to keep delivering and innovating despite limited resources. However, there are ways to overcome these challenges through effective sourcing strategies. In this blog post, we’ll explore a … Read more
The current economic downturn has created an urgent need to reduce costs without compromising team productivity. To gain better visibility into your existing software system, you can use SCS’s suite of tools to make the renewal process easier and smoother. Software contract renewals don’t have to be stressful, and when done properly they can help … 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
Contract negotiation typically focuses heavily on pricing, but getting a deal on pricing isn’t the only objective when negotiating SaaS. Equally important is the need to practice contract risk management with advantageous terms and well-constructed legal protections. The best-negotiated contract not only creates opportunity but avoids potential losses. Implementing good risk mitigation policies can reduce … Read more
In the age of SaaS, effective procurement management means something different. Getting by with spreadsheets is no longer effective. In this blog, we’ll look at the elements of the modern procurement approach. You’ll learn how the right procurement system can drive value creation by strengthening the financial health of your organization. The procurement process defined … Read more
Let’s face it, most procurement teams in corporate America are battling the clock. There are not enough hours in the day to get through the work that needs to get done. The IT vendors know this and they also know that a shortened review cycle from a procurement team can lead to key items that … Read more
Purchasing software is not a static process. Software pricing is subjective and dynamic. As the software buyer, it’s crucial to approach the conversation with your sales rep armed with the right data, comparison points, and negotiation tactics to approach this discussion confidently. We can help. Here are 6 tips you can use to ensure you’re … Read more
