Reviewing costs when your company acquires and makes software investments is essential, since the success of your licensing acquisition depends on it.
For this reason, our team of experts has designed a series of tips based on cost reduction strategies for software investments that can be of great help to your organization.
1) Evaluate all your licensing expenses with an analysis.
To have knowledge and control of your investment expenses, you need to carefully evaluate and study the costs of your current software assets and the impact they have on your IT budget.
Compare each expense month by month and pay attention to those that increase or decrease irregularly.
By employing this strategy, you will be able to find valuable information that will help you make future budget decisions where they will be most successful.
2) Generate savings in the good use of your resources and IT investments.
To make good use of your resources and IT investments, you must generate an awareness of savings as a strategy in your IT staff and motivate them to generate new ideas that add to the objective.
3) Compare different purchase proposals and visualize options.
By knowing what your current priorities and IT expenses are, you can put it to good use by choosing a licensing proposal tailored to your needs.
It is advisable to choose providers that offer better prices and additional benefits when contracting their licensing.
Another option is to renegotiate the current software contracts with your suppliers and see how to achieve savings with benefits for both, for this it is important to have the advice of a licensing expert.
In our blog you can see 9 tips to re-negotiate software contracts in times of crisis.
4. Renew the hardware and software betting on more modern and efficient options.
If the maintenance of the hardware is costing you too much, it is best to verify if these have already reached their useful life and evaluate the possibility of buying new equipment.
Regarding software renewal, it is important that you have planning strategies that can help you in the analysis and validation of your software resources, guaranteeing your organization savings and avoiding future risks.
In our blog you can get tips for Savings on license renewal, Guaranteed.
5) Implement Software management solution that helps you manage the required services and identify corrective actions to reduce operating costs.
For this, we put at your disposal SAM as a Service of Licensing Assurance, which consists of a tool, methodology and certified advice to develop a complete solution that helps you take control of your software and take advantage of its resources.
6. Invest in your software assets and optimize your systems.
IT Managers must always think about how to improve each task of the technology department where the processes are carried out more efficiently and in an optimized way, evaluating the IT budget.
7. Seek advice, have specialists to help you project new business alternatives.
At Licensing Assurance we support organizations to keep their licensing controlled. We base our processes on the priorities and requirements of our clients, guaranteeing savings of up to 30% on your software investment for any manufacturer.
Additionally, we optimize your software, review your contracts and seek better benefits for your company.