Contract renewals present one of the best opportunities for organizations to control software and cloud costs. Having rigorous processes to validate renewal requirements and understand consumption is now an absolute must. However, one of the big challenges remains the ability to implement and manage an effective Renewals Management System and supporting process that keep requirements and costs under control.
Livingstone provides a complete lifecycle solution for Renewals Management, providing the technology, process and expertise that help clients get their renewals under control and drive significant cost benefits:
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…
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.
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.
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