As organizations increasingly adopt cloud-based software, IT procurement faces the challenge of controlling SaaS spend while optimizing vendor management. In order to optimize costs and serve business needs, data-driven procurement seems to be the buzzword of the hour. But what does a truly data-driven procurement strategy look like? And how do you evaluate, whether the money spent on SaaS is delivering real value, or are companies overpaying for unused licenses and inefficient vendor contracts? This panel discussion will tackle key questions around the future of SaaS procurement: 

• How can companies reduce SaaS spend without compromising innovation?
• What are the risks of relying too heavily on data in procurement decisions?
• Are procurement teams equipped to negotiate effectively with SaaS vendors?
• Should companies prioritize vendor consolidation or diversification in a volatile market?