In this session you will explore the strategies for ensuring license compliance and effective IT procurement, focusing on the importance of contract negotiations and decision-making regarding license repurchase and renewals. You will gain insights into the legal considerations and learn practical approaches to mitigate financial impacts.

• How to establish and maintain a strong vendor relationship from the outset?
• What factors should be considered while negotiating new contract with software providers and how to ensure that the information is transparent and forthcoming?
• How to effectively manage the financial and operational impact of license renewals?
• How to gather and organize accurate data on license amounts and deadlines to make informed decisions about repurchasing?