7 Reasons to Take Contract Lifecycle Management Seriously 
If you're saying "huh?", that's not a good sign. Contract lifecycle management - similiar in nature to software asset management and is, in fact, part of SAM - is the practice of managing a software license agreement contract from initiation through award to compliance and renewal. You need a good system in place to ensure that deliverables and milestones are reached based on contractual obligations. By having a solid process in place - whether you partner with an expert matter consultancy like Miro Consulting or manage it in-house - the objective is to mitigate risk and liability caused by non-compliance.
7 Reasons to implement a Contract Lifecycle Management program:
1- Leaving dollars on the table because you have not enforced the negotiatied terms with your software vendor
2- Reducing costs and decreasing contract administration
3- Creating a proactive approach to understand your contractual assets to avoid litigation for non-compliance
4- Delivering greater value to your customers (both internal and external)
5- Saving expenditure dollars (short-term and long-term)
6- Significantly decrease wasted time searching for contracts, schedules and file notes
7- Changing the role of contract administrator to contract manager. |
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Good Time for Companies to Consider Reviewing SLAs
The ending of a financial quarter or year-end have been traditionally good times to review and re-up software licensing agreements. Though not always the case, it is still a time when many SLAs are reviewed and discussed between the corporate enterprise and the software vendor. Dependent on the degree of concessions and "value-add" placed into your contract, the timing will make a difference. We've been encouraging many of our clients to begin reviewing their Oracle and Microsoft assets and SLAs now so that any contract discussions can begin before the mad rush. Our experience is that last-minute SLA discussions will often lead to a missed opportunity for savings for a variety of reasons.
I've been talking a little bit about how to have SLA discussions in tough economic times on my blog. We'd love to hear from you. Drop us a note sometime.
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Hyperion Pricing Increases June 1 
On June 1, 2009 Oracle will be licensing all purchases of Hyperion software under the standard Oracle licensing model.
Under Hyperion's old licensing model, multiple and complex pricing levels existed with separate pricing for items such as server fees, testing & development and various pricing for multiple user roles.
Under the new model, Hyperion's pricing will follow Oracle's simpler licensing model. However, user licenses on Hyperion software will increase in price on June 1.
If your organization currently has -and will continue to need- Hyperion user licenses or you will be adding Hyperion to your enterprise, you may be able to gain significant savings and increased ROI if you purchase licenses before May 31.
For more information, contact Miro Consulting at info (at) miroconsulting (dot) com or 732-738-8511 x 210.
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