Take a holistic approach
Reduce your costs and the headache of managing your software portfolio when you transition to a Digital Supply Chain with SoftwareOne’s DSCSimple.
As companies undergo digital transformation, they are moving away from traditional enterprise software sourcing and fulfillment processes to achieve better speed, automation, transparency, and simplicity.
Successful Software Asset Management (SAM) is critical to ensuring compliance and optimizing investments. However, the challenge of managing software in the ever-evolving digital environment means that to achieve enhanced agility and cost-effectiveness, your SAM strategy needs to evolve too.
Read on as we explore why SAM needs to evolve to become part of a greater Digital Supply Chain (DSC) strategy, how this can strengthen your SAM processes, and how each team in your organization can benefit from a holistic approach to procurement and sourcing.
A thorough SAM strategy is vital for business continuity. The problem is that there are many fundamental challenges to good SAM, and many strategies only focus on a limited part of the software lifecycle.
In many organizations, a SAM program will primarily focus on balancing the number of software licenses with the number used by the organization or ensuring that the software is in compliance with the specific vendor license agreement. However, this is usually done on an ad hoc basis or in response to an external demand like an audit or software renewal.
Instead, a good SAM strategy should be expanded to a full-fledged Digital Supply Chain (DSC) that leverages digitization and data transparency to optimize operations across the entire software lifecycle.
A standardized DSC digitizes, enriches, and maintains data records in defined systems. This actionable data can then be leveraged for SAM, procurement, cost reduction, workload prioritization, and beyond.
This takes SAM beyond compliance, leading to greater efficiencies across the organization in terms of spend and data transparency while ensuring that legal and compliance teams have the confidence that the new technologies entering their environment have been sufficiently reviewed.
With software and cloud provision, sourcing, and management, there are many inherent challenges, including:
In contrast, DSC management provides a seamless, integrated set of systems and activities from the request to purchase through ongoing management and the entire software lifecycle.
The goal is to enable accelerated, correct, and proactive decision-making in the acquisition and maintenance of software. This leads to a better user experience across the entire organization,improving the optimization and transparency of software and cloud spend, and providing IT and procurement teams with the tools they need to do their work efficiently.
Implementing DSC management can strengthen your SAM processes and improve:
Taking an organization-wide approach to your DSC has benefits for stakeholder KPIs from the CIO and CFO all the way down to end-users. In the context of the software lifecycle, organizations can use DSC management to transform the complexity of SAM and cloud management directly into business value.
Here’s how your team members can take advantage of effective DSC management:
Rather than relying on multiple suppliers, either direct or indirect, organizations now seek partnerships that give them a personalized user experience when it comes to sourcing and managing software.
Digital Supply Chain is our managed service that addresses the entire software lifecycle in a straightforward package. Beginning with managing requests and demand as well as sourcing and purchasing phases and providing an optimized mix of tools, automated workflows, and expert consultancy, we help organizations realize the advantages of an integrated digital supply chain.