Most of the organization has huge spent on Software purchase. Now, question comes, which publisher do I need to put focus more? Normally, organization spend 80% of total software spend on only 20% application/ software's. But then how do you prioritize these 20% software vendors. Below are key points which one can consider:
1- Way to manage SAM: You need to list down if SAM management for particular application is proactive or reactive. It's been seen, if an organization is managing SAM for particular application proactively, it is important.
2- License Analysis: License is managed thru SAM tool or only SAM tool in conjunction with other other tools or on excel or as required
3- Entitlement information: Do you have always entitlement data or only collect as and when required
4- Correctness of data required : High , low or as needed
5- %Software Spend: % on software Spend vs Total spend
6- Business Critical: Check if an application goes down for few hours then what is impact on business? Obviously, Those software where business dependency is high are critical and must be managed on priority.
7- Audit nature of vendor: Few vendor are very aggressive and frequent for audit so companies should focus these vendors
8- Time for true-up / renewal: If any true-up or renewal is coming up that is again a factor for you to consider while prioritizing software because you can achieve a great saving out there.
9- Easy wins: Target vendors where cost optimization is easy. This will help you to build confidence in your top management.\
So, considering above factor may help you to prioritize software vendor which end of day will help you to save some cost.
9- Easy wins: Target vendors where cost optimization is easy. This will help you to build confidence in your top management.\
So, considering above factor may help you to prioritize software vendor which end of day will help you to save some cost.