This session delves into the strategies and benefits of centralizing software providers’ volume to reduce costs and establish long-term partnerships with SaaS vendors. We will explore the legal and commercial strategies to protect your company, manage renewals, and control costs. Special attention will be given to the unique challenges faced by financial institutions, which must navigate extensive regulations.

• What are the key strategies for centralizing vendor volume to achieve cost savings and secure long-term partnerships?
• How to navigate the legal and commercial aspects to protect your company’s interests, manage contract renewals, and maintain control over vendor relationships and costs?
• What specific challenges do financial institutions face in vendor management due to regulatory requirements, and how can these challenges be effectively addressed?