FINAL WORD
Mastering SaaS contract management: Five key strategies for IT leaders
Giulio D’ Ali, Senior Vice President of SaaS Management, Calero, shares five strategies to streamline SaaS contract management.
In today’ s fast-paced business world, organisations rely heavily on SaaS applications to drive efficiency, reduce costs and foster innovation.
However, with this growing dependence on software comes the complex task of effectively managing SaaS contracts. Without robust contract management practices, organisations risk inefficiencies, hidden costs, non-compliance and missed opportunities to optimise their software spend.
For IT leaders, mastering SaaS contract management is a strategic necessity.
Here are five strategies to streamline SaaS contract management, reduce risks and enhance financial control.
1. Centralise SaaS contract management for greater visibility
One of the key challenges in SaaS management is the decentralisation of contracts across various departments. Without a single view of all contracts, it becomes increasingly difficult to track renewal dates, service level agreements( SLAs) and vendor performance. This lack of oversight can lead to costly mistakes, such as missing renewal deadlines or overpaying for unused licenses.
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