6 Top Tips: Software Vendor Audits
This eGuide explores activities that trigger audits and the potential risks associated, as well as how you can best mitigate these risks and prepare for audits.
Outcomes we deliver
- Spot big savings to keep costs down
- Stay a step ahead of your software needs
- Pinpoint future compliance risks with confidence
- Lean on utilization data you can trust
- Bridge business and procurement objectives
Imagine a painless contract renewal process for enterprise vendors
We know just how long and complex vendor negotiations can be. Unforeseen renewal costs and unfit, misaligned contracts can muddy a process that’s meant to optimize your software and cloud investments.
So we know what you need to take back control. Trustworthy utilization data combined with projected future demand and proven vendor expertise means we’ll help you land the best possible deal, every single time.
The Mega Vendors we work with
Bill of Materials Optimization
See the bigger picture so you’ll never overspend
Future-proofing your business means managing and optimizing your software investments for the long haul. We’ll work with you to develop a detailed Bill of Materials that charts your consumption and forecasts future demand, so you can enter into contract negotiations knowing exactly what you need, when you need it.
Benchmarking and Negotiation Support
Support at every step toward the best possible deal
We know a thing or two about vendor negotiations. Whether that’s for Tier One, Tier Two vendors or more, our experts have negotiated some of the largest, most complex mega vendor contracts for businesses spanning the private and public sectors. But don’t just take our word for it: count on us for help with vendor proposals, Best and Final Offer (BAFO) reviews, commercial benchmarks, and negotiation strategies. We’ll steer you toward a deal worth shouting about.
Renewals Management Hub
Stay on top of your software contracts
You’ll find contract and entitlement data neatly stored and standardized in the Livingstone Hub, ready for easy analysis, reporting, and oversight from across IT and procurement teams. You’ll also be able to track current software and cloud usage against projected future demand for a better idea of your business’ consumption needs.
You’re in expert hands
We’re wizards when it comes to contracts. After all, much of our team is made up of former vendor negotiators with experience in supporting Fortune 500 enterprises and government organizations. And we’re united by one goal: delivering the best possible commercial and contractual results for our clients. If we can’t help you, we won’t work with you – and that’s a promise.
Outcomes we deliver
38%
Average savings
$3b
Total savings delivered
8m
Mega vendor seats negotiated
3.9m
Assets under management
Related Articles
Resources
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Planning for a Microsoft renewal? Two key factors to bear in mind
Microsoft’s ubiquity means a large number of enterprises and public sector organizations will be gearing up for a contract renewal exercise during 2023 and beyond. -
IBM Price Changes are happening - are you ready?
If IBM features anywhere within your software estate, we've got the lowdown on what you need to know now and how to prepare.
Case Studies
What clients say
Not only did we reduce our exposure, the budget we had forecast in our scenario planning exercise was translated into a major cost saving. The team was professional, knowledgeable & collaborative. In short, working with the Livingstone Group was a great experience, with a great result.
Robert Sirignano, Software Asset Manager, St. James' Place Wealth Management
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We couldn't be happier with the amount of cost avoidance achieved. So much so, we'd advocate that other forces who are facing the same challenges as we were, also go through this optimization process, and have passed on Livingstone as a strong recommendation.
Jules Donald, CIO for Essex Police
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