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CO-LOCATED EVENTS

Speaker

Nick Riley

Global Head of Procurement, Vertice

Over the past decade, Nick has amassed a wealth of invaluable experience in the SaaS industry. With a rich background encompassing both the buy and sell sides, Nick has been involved in thousands of SaaS transactions and has become a true expert in the field. His extensive knowledge and expertise have positioned him as an industry leader, guiding a global team of SaaS Procurement Managers to achieve remarkable results for customers and suppliers. 

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Session

Breaking Free from Vendor Lock-In— What Are Procurement Strategies for Sustainable SaaS Management?

Panel

Thursday, June 12

06:25 pm - 07:10 pm

Live in Copenhagen

Less Details

This panel discussion will explore the growing challenge of vendor lock-in in SaaS procurement and offer practical strategies for maintaining flexibility and negotiating smarter contracts. With the rapid growth of AI-driven tools and automation, many organizations are unknowingly locked into long-term commitments that limit agility, drive up costs, and create operational friction. Panelists will share lessons learned from real-world procurement experiences, discuss how to identify and avoid lock-in risk early, and provide guidance on building resilient, future-proof vendor strategies. Attendees will gain insight into how to recognize red flags in vendor agreements, what to consider during initial negotiations, and how procurement can better align with IT and finance to control spend and maximize value over time.

The discussion will cover questions such as:

  • How to detect subtle forms of vendor lock-in early—and what procurement signals should raise concern?
  • How to stay ahead when “small” tools scale quickly—what strategies help adjust negotiations and cost controls in time?
  • How to spot and address red flags in SaaS contracts before they become compliance or cost issues?
  • How to maintain leverage and flexibility when working with strategic or dominant vendors like Microsoft?
Panel Discussion

Company

Vertice

https://www.vertice.one/
Vertice is a spend optimization platform that saves companies up to 30% on their SaaS and cloud costs. It empowers companies of every size and industry to get more visibility and control of their software and cloud spending and leverages automation and machine learning to deliver guaranteed cost savings. Today, Vertice manages over $3.4B in contract spend and is the only platform worldwide that empowers companies to view, control, and save on both SaaS and cloud costs with an integrated unified offering.
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Colocated with
IT Procurement & Sourcing Summit Nordic 2025 is part of the Digital Business Strategy Event Series. You can find more events here.
Date
June 12 – 13, 2025
Location
Radisson Blu Scandinavia Hotel
Amager Boul. 70
2300 Copenhagen
Phone
+49 (0)30 52 10 70 3 0
eMail
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