Procurement Specialist

Sapiens International; Bengaluru; On-site; INR 1,500,000 - 2,300,000; Full time

Job summary

Sapiens International Corporation is a global leader in intelligent insurance software solutions. With its SaaS platform and AI-driven automation, insurers are empowered to transform operations and deliver compliant, data-driven services worldwide.

The procurement role focuses on software purchases: you will own the license lifecycle, renewals, and compliance, lead RFX processes, negotiate terms, monitor approvals with SAP/CLM/Salesforce/ServiceNow, and partner with stakeholders to drive cost

Qualifications

• Bachelor’s degree with 6–10 years of procurement experience.
• Hands-on experience in software procurement (IT, SaaS, Cloud, Software Licenses).
• Strong knowledge of software contract terms and legal compliance.
• Ability to lead RFP/RFX processes and negotiate contracts effectively.
• Good understanding of finance basics (GL codes, cost centres).
• Skilled in identifying cost-saving and efficiency opportunities.
• Capable of working independently and managing multiple priorities.
• Excellent communication and collaboration skills with stakeholders.
• Strong analytical and problem-solving abilities.

Responsibilities

• Act as the main procurement partner for software purchases.
• Manage software license lifecycle, including renewals and compliance.
• Negotiate software contracts to secure best terms and reduce risks.
• Lead RFX processes (RFI, RFQ, RFP) for software sourcing.
• Ensure compliance with legal, security, and company policies.
• Monitor requisitions and approvals using tools like SAP, CLM, Salesforce, ServiceNow.
• Identify cost-saving opportunities and improve procurement processes.
• Support global supplier onboarding and related compliance requirements.

Skills

Software procurement

RFX processes

Contract negotiation

Cost savings

Independent work

Education

Bachelor’s degree

Tools

SAP

CLM

Salesforce

ServiceNow

Job description

Responsibilities

• Act as the main procurement partner for software purchases.
• Manage software license lifecycle, including renewals and compliance.
• Negotiate software contracts to secure best terms and reduce risks.
• Lead RFX processes (RFI, RFQ, RFP) for software sourcing.
• Ensure compliance with legal, security, and company policie s.
• Monitor requisitions and approvals using tools like SAP, CLM, Salesforce, ServiceNow.
• Identify cost-saving opportunities and improve procurement processes.
• Support global supplier onboarding and related compliance requirements.

Requirements

• Bachelor’s degree with 6 –10 years of procurement experience, including Procure-to-Pay and PR/PO lifecycle.
• Hands-on experience in software procurement (IT, SaaS, Cloud, Software Licenses).
• Strong knowledge of software contract terms and legal compliance.
• Ability to lead RFP/RFX processes and negotiate contracts effectively.
• Good understanding of finance basics (GL codes, cost centres).
• Skilled in identifying cost-saving and efficiency opportunities.
• Capable of working independently and managing multiple priorities.
• Excellent communication and collaboration skills with stakeholders.
• Strong analytical and problem-solving abilities

About Sapiens:-

Sapiens International Corporation (NASDAQ and TASE: SPNS) is a global leader in intelligent insurance software solutions. With Sapiens’ robust platform, customer-driven partnerships, and rich ecosystem, insurers are empowered to future-proof their organizations with operational excellence in a rapidly changing marketplace. We help insurers harness the power of AI and advanced automation to support core solutions for property and casualty, workers’ compensation, and life insurance, including reinsurance, financial & compliance, data & analytics, digital, and decision management. Sapiens boasts a longtime global presence, serving over 600 customers in more than 30 countries with its innovative SaaS offerings. Recognized by industry experts and selected for the Microsoft Top 100 Partner program, Sapiens is committed to partnering with our customers for their entire transformation journey and is continuously innovating to ensure their success. For More information visit us on www.sapiens.com .

Sapiens is an equal opportunity employer. We value diversity and strive to create an inclusive work environment that embraces individuals from diverse backgrounds.

We Are

Sapiens International Corporation N.V. is a global leader of AI-centric, SaaS-based insurance software, delivering hyper-relevant experiences that are efficient, compliant, and innovative. With agile intelligence, Sapiens' solutions turn real-time data and human insight into precise action at every moment, across every risk.

The Sapiens platform includes agentic workflows accelerating every capability across policy, underwriting, claims, reinsurance, decisioning, and finance and compliance.

With more than 600 insurers in over 30 countries running on Sapiens, our deep industry expertise is the foundation of our long-term relationships, from initial implementation through to modernization and market transformation.

Sapiens is headquartered in London, serving customers in property and casualty, life, reinsurance, specialty, and workers’ compensation from offices across North America, Europe, the Middle East, and Asia Pacific.

Your Recruitment Journey

We will keep you in the loop, as we focus on providing an inclusive screening and interview process. Each country has a local flavor, but here's what you can expect during our recruitment process: