Ins and Outs – SaaS Procurement

Mastering SaaS Procurement: Essential Insights for Beginners

Embarking on a procurement career straight after graduation can be quite a journey, especially when transitioning across different industries. My professional path began in the manufacturing and hospitality sectors, where I gained experience in procurement and accounts payable—roles that, I must admit, came with their own set of challenges, including managing Accounts Payable in manufacturing, which was quite demanding! Unfortunately, the limited compensation in these roles prompted me to seek new opportunities.

Recently, I joined an e-commerce company in a dedicated procurement role focused exclusively on Software-as-a-Service (SaaS) solutions. This new responsibility involves managing software renewals and onboarding processes—an area somewhat unfamiliar to me since my previous roles did not involve software procurement.

As I navigate this new terrain, I am reaching out to professionals experienced in SaaS procurement for guidance. If you have expertise in this field, I would be incredibly grateful for your insights. To provide some context, our company is based in Australia.

Key Questions I Seek Your Expertise On:

  1. What is your best advice for someone new to SaaS procurement?
  2. What strategies (particularly relevant to the e-commerce industry) have you found effective for cost-saving and initiating software-related procurement initiatives?

Your experienced perspectives will be invaluable as I seek to develop my skills in this specialized area. Thank you in advance for any guidance you can provide!

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