Insufficient preparation time
Major negotiations require a preparation time of at least 6-12 months.
To renegotiate your software contract, you should prepare six to twelve months before you start the negotiation process for a successful outcome. Software vendors are motivated by their own strategy, pricing, discounts, bundles, and sales drivers. But you can create a clear strategy of your own, identifying your current Terms & Conditions, entitlements, usage, and future needs. Pre-planning this way can dramatically reduce your software costs.
SoftwareOne Benchmarking and Negotiating Service puts you in the driver’s seat. We help future-proof your business with optimal pricing and commercially favourable terms. Schedule a call with a SoftwareOne consultant today to find out how we can help.
Major negotiations require a preparation time of at least 6-12 months.
Paying more than needed is a common occurrence for many organisations.
Not knowing what motivates the vendor during negotiations can lead to a sub-optimal outcome.
Lack of visibility and poor internal processes can lead to wasted software spend.
When discussing new agreements with software vendors or renewing a major contract, organisations need to achieve the most favourable terms and conditions, covering both their short- and long-term needs. Based on these needs, SoftwareOne will review the terms in the current contract and suggest modification of existing clauses and/or inclusion of additional clauses.
SoftwareOne’s global experience of vendor contractual terms and licensing arrangements lets us benchmark and model alternative licensing scenarios and customized contract designs to find the optimal solution for your organisation. SoftwareOne will provide guidance and support throughout the negotiation process to achieve an optimized benchmark and terms & conditions, while reducing risk and cost. You gain peace of mind that you have struck the best deal possible.
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