Software Asset Manager

Policybazaar.com; Gurugram District; On-site; INR 800,000 - 1,200,000; Full time

Job summary

Policybazaar.com in Gurugram seeks a dedicated IT procurement professional with 3-4 years of software asset management experience to manage end-to-end software assets and the P2P cycle.

You will handle vendor coordination, contract management, budgeting, and audits, ensuring licensing compliance and cost optimization for IT services and cloud solutions.

Qualifications

• 3-4 years in IT procurement or software asset management
• End-to-end software asset management responsibility
• Procurement-to-Pay cycle management and vendor coordination
• Contract management and renewals handling
• Budgeting, cost analysis and audit support

Responsibilities

• Manage software asset inventory, licenses, usage, and status
• Oversee the procurement-to-pay lifecycle including PR creation, PO issuance, invoice verification and payments
• Coordinate with vendors and OEMs; nurture strong relationships and market research for cost savings
• Draft terms for IT services and cloud solutions; handle renewals and negotiations
• Develop and track IT budgets; report spend variances and forecast needs
• Ensure licensing compliance and provide documentation for audits

Skills

Software Asset Management

Vendor Coordination

Contract Management

Procurement-to-Pay

Budgeting & Cost Analysis

Tools

Oracle

Job description

Welcome to Policybazaar's official LinkedIn page. We believe in insurance for all, and we drive it through unbiased information and time-efficient processes for all Indian customers. As India's largest insurance brokers, we consider it our responsibility to be every Indian customer's one-stop portal for protection against death, disease and disability -- as well as for mindful investment planning. We understand customers' anxiety about claim settlement, so we offer 24x7 online support, on-ground support, as well and even host special claim samadhan events where stuck claims can be reopened and resolved instantly. Our mission, in keeping with IRDAI's inspiring vision, is Har Family Hogi Insured by 2047.

Visit policybazaar.com to know more about us.

What we are looking for in a candidate:

We are seeking a dedicated professional with 3-4 years (in IT procurement or software asset management) of experience to join our team. In this role, person will be responsible for the end-to-end management of software assets, the procurement-to-pay cycle, vendor coordination, and contract management.

Key Responsibilities:

Software Asset & Inventory Management: Maintain comprehensive records of

software inventory, license types, usage, and status. Ensure hardware and software

asset records are accurate and up to date.

• Procurement-to-Pay (P2P) Cycle: Manage the full procurement lifecycle, including PR creation, PO issuance, invoice verification, and payment follow-ups.
• Vendor Coordination: Onboard new vendors, conduct market research for cost- saving opportunities, and maintain strong professional relationships with OEMs and partners.
• Contract Management: Draft terms and conditions, handle renewals, and manage contract negotiations for IT services and cloud solutions.
• Financial & Analytical Reporting: Develop, track, and forecast IT budgets. Perform cost analysis and report on spend variances against budgets.
• Compliance & Audit Support: Ensure adherence to software licensing models and provide necessary documentation for internal and external audits.

Technical Skills: Strong understanding of software licensing models, cloud technologies

Tools: Proficiency in financial management and ERP tools (experience with Oracle preferred).

Analytical Abilities: Proficient in market analysis, budgeting, and identifying cost-saving trends.

Communication: Excellent negotiation and coordination skills for managing vendor relationships and internal stakeholder requirements.