Contract Renewals Management

The core of this service is our ability to deliver Trustworthy Data that supports our client’s renewals processes. This is delivered within our cloud based LUCE platform, where contract and entitlement data is centrally stored, catalogued and managed. LUCE allows you to effectively manage workflows around renewals, ensuring key tasks in the process are completed at the right time through alerts and notifications.

Our LUCE platform also provides information regarding the consumption of software and cloud, allowing stakeholders to validate current and future consumption to understand exactly what their future needs are…

• Provides Trustworthy Data for contracts & entitlements
• Enables planning, tracking & optimization of renewals from a single portal
• Makes access to calendar, list & dashboard views of renewals easy
• Create alerts that provide early warning of renewal actions – 30, 60, 90 & 180 days in advance
• Supports the advanced planning & execution of administrative actions
• Self service – IT owners can upload purchase & contract data into the portal anytime

The administration for renewals processes can be onerous, our renewals service provide clients with robust and efficient renewals processes that allow them to outsource the administration of them. Our service allows clients to track and manage their renewals, providing vendor expertise and administration where required.

• Collation & validation of renewal metrics, including quantities & justifications
• Standardize data and documentation preparation, including vendor specific true-up or other related reporting process
• Track & administer organizational changes that have contract implications (e.g. support for mergers, acquisitions & divestments), where there are strict contractual obligations
• Assist with uploads of purchase & contract data into our LUCE platform

Organizational change can be one of the major factors that cause an escalation in IT costs, or if managed correctly, can be a driver for significant cost reduction. Our experts are on hand to support clients through major organizational change that could impact software and cloud contracts. Whether that be through business transformation or through structural changes that have legal implications (e.g. mergers, acquisitions or divestments).

Our team of licensing and cloud experts help clients understand the impact of organization change on renewal requirements and costs. Our service allows clients to take a pro-active approach to renewals optimization as part of the change process. By showing clients how they can be smart with contract change, we have saved them significant costs over the years.

• Support for change planning, where there are strict contractual software maintenance obligations
• Identification of contract changes that may drive preferential outcomes
• Mitigating hidden risks of support costs, where value is minimal or not required