Renewals are a critical part of the software lifecycle, yet many organizations still handle them reactively and without clear ownership. This presentation will demonstrate how a SAM team can set up a structured Software Renewal Service to support product managers and procurement in a systematic way. By introducing tiered vendor categories based on spend, business criticality, and audit risk, organizations can ensure that high-risk renewals receive early, focused attention while lower-risk contracts follow streamlined, lighter processes. By using SAM tool data as a central source, renewals can be tracked proactively and product owners provided with all the information they need. Together with practical tips, such as optimizing entitlements based on usage data or considering multi-year agreements—they are well prepared to approach procurement in a timely and informed manner. In this session you will learn:
- How to structure a renewal service that delivers real value to the business?
- How to use vendor tiering and SAM tool data to prepare renewals efficiently and mitigate risk?
- How to turn renewals into opportunities for optimization and long-term savings?
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