Manage a portfolio of existing or new software vendors, including contract finalizations, renewals, annual budgeting, spending management, and utilization.
Partner with Global Procurement organization to ensure that new or renewal contracts are closed on time by participating in internal stakeholder conversations, vendor meetings, negotiations, and contract finalizations.
Assist global procurement in running RFP for new purchases.
Responsible for issuing vendor purchase orders and resolving invoicing/payment-related matters.
Monitor spending against contracts to ensure cost-effective software usage.
Collaborate with IT and BU finance to ensure the sourcing is within budget and follow organizational processes.
Act as the primary point of contact for assigned software vendors regarding any related issues, including escalations, compliance, audit, and certification-related matters.
Assist management in leading, training, and developing employees to understand better and utilize software licensing processes, procedures, and tools.
Identify value/ savings opportunities, processes, and best practices to improve SW Vendor Management productivity.
Analyze spending data of assigned software vendors, work with IT and business stakeholders to understand future growth/optimization opportunities, and participate in a budgeting cycle every year.
Establish strategic relationships across the business units and IT leaders to ensure active and early participation in supplier-related matters, including renewals or new purchases.
Ability to create effective licensing positions for Tier 1 publishers using SAM tools such as SAM Pro, including but not limited to uploading purchase orders/contracts/entitlements and performing software optimization etc.
Thorough understanding of various Tier 1 vendor license models (Microsoft, Oracle, VMware, Microfocus, Adobe, Workday, SFDC, SAP etc.) and the ability to interpret software contracts/EULAs etc.
Produce regular reports on vendor performance, cost efficiency, and software utilization.
Contributes to the continuous improvement of software licensing processes and procedures in a constructive, measurable manner.
Drive significant cost savings and cost avoidance by proactively identifying new opportunities through optimal utilization, avoiding duplicate software using SAM tool.
Identify and mitigate risks associated with software vendors, including security risks, contract breaches, and compliance issues.
Communicates IT standards and policies to the businesses, functions, geographies, and IT delivery suppliers/partners.
Collaborate with legal and compliance teams to ensure all vendor agreements comply with industry standards and legal requirements.
Requirements
Minimum five years of recent experience in strategic sourcing, procurement, or vendor management, with a focus on software and SaaS commodities
Hands-on experience in utilizing Software Asset Management tools, SAM-ITAM Certification is preferred
Bachelor's degree from an accredited college/university in a relevant field is required; MBA or advanced degree from an accredited college/university preferred
Deep understanding of software trends, commercial models, and industry-specific terminology; proven track record of leading complex sourcing initiatives and contract negotiations
Excellent negotiation, communication, and stakeholder management skills; ability to analyze market trends, conduct market research, and identify new sources of supply
Strong project management and organizational skills
Able to collaborate effectively with cross-functional teams and colleagues globally; experience in coaching and mentoring junior staff members is a plus