The Procurement Sharks have created a process, Software & Hardware Annual Renewal Knowledge (SHARK) to track your annual renewals, whether it is SaaS, Perpetual, Cloud or Hardware we have a process to alert you of upcoming renewals prior to your cancellation notification period and can help you negotiate lower rates.
Our Sharks will centralize your renewals in one place, you will be able to keep track of your budgets and risk areas, prioritize efforts, and better allocate resources.
Consolidation, rationalization, and modernization are all key elements that can be gleaned from having your renewals properly managed. By effectively executing on these key strategies, you can lower your operating expenses.
Don’t get caught off guard by suppliers who engage you after your contract notification period has ended. They know you don’t have options; that’s when you can’t effectively negotiate. Take back leverage and proactively plan and engage.
Our pool of Sharks are some of the most experienced and respected leaders in the technology sourcing area.
Many of the existing agreements are written very one-sided in the suppliers favor, let the Procurement Sharks help you get your technology portfolio under control, updating your current Agreements with T&C’s that are more beneficial to you.
Your technology renewals are not a tactical administrative task. It is a team effort that should have a process and governance by engaging the correct stakeholders at the right time.
The Procurement Sharks process allows us to partner with you and your key team members to ensure the renewals process is as efficient as possible. Our team will allow your company to see significant budget savings year-over-year. We can help create the overall strategy that will reduce waste at your renewals and create a platform for better new negotiations.
Years of Experience
The Procurement Sharks with set up the renewals you want us to track in our system, using your contractual data. We will Monitor, and Alert you to upcoming renewals that we are managing for you.
There are two levels of support for this, we can send you (your team) some tips and tricks and you can negotiate the renewals, or we can be actively negotiating the upcoming renewal with you.
The Sharks can do a contract deconstruction for you, highlighting areas in your current agreement, and make recommendations on what you need to fix in your renewal.
Privacy Assured*: We will never share or sell your contact information or contract data.
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