Regardless of company size or experience, decentralized SaaS adoption challenges IT and Procurement leaders who own software sourcing to find new ways to safeguard value, demonstrate ROI, and prevent risk with this large area of investment.
An especially challenging aspect of managing SaaS across a business is developing a SaaS renewals strategy. A sound SaaS renewal strategy will:
- Reduce the financial impacts of missed renewals and redundant purchases.
- Increase visibility and awareness of an organization’s entire SaaS portfolio.
- Improve organizational security and data protection.
Download our SaaS Renewal Management Guide to learn some of the best practices and strategies for approaching software application renewals in the age of SaaS.