- Spend Analysis & Cost Modeling – Ability to analyze SaaS spend and identify savings
- Contract Negotiation (SaaS-focused) – Pricing tiers, renewals, SLAs, legal terms
- Procurement Systems Proficiency – SAP Ariba, Coupa, ERP/eSourcing tools, similar tools
- Supplier Performance Management – SLA tracking, scorecards, vendor relationships.
- Market Research & Benchmarking – Pricing/feature comparison, competitive analysis.
- Strategic Sourcing Methodologies – RFP/RFI, category strategy, total cost ownership.
- Cross-Functional Collaboration – With IT, Finance, Legal for SaaS decisions.
- Excellent communication and stakeholder management skills — necessary for collaboration with US-based counterparts and global teams.
Job Qualifications:
Education & Experience
- Bachelor’s degree in business, Supply Chain, Finance, or related field.
- Experience in procurement, sourcing, or vendor management—specifically in software/SaaS categories. Technical Skills
- Strong spend analysis, cost modeling, and data reporting skills.
- Proficiency with procurement systems (e.g., SAP Ariba, Coupa, ERP platforms, or similar)
- Advanced Excel and general data analytics capabilities.
- Ability to conduct market research and benchmark SaaS pricing and vendors.
- Ability to perform rigorous SaaS vendor due diligence (security, compliance, integration).
- Understanding of SaaS renewal cycles, usage optimization, and contract structures. (SaaS procurement responsibilities)
- Skilled in building and managing RFP/RFI processes and category strategies. Contracting & Supplier Management
- Strong negotiation skills for pricing, SLAs, and contract terms.
- Experience in vendor performance monitoring and relationship management.
- Ability to assess and mitigate supplier, data, and contract risks. Soft Skills
- Excellent communication and cross-functional collaboration (IT, Finance, Legal, business owners).
- Strong analytical thinking, attention to detail, and problem-solving.
- Highly organized with ability to manage multiple sourcing cycles concurrently.
Job Description:
Role Summary
The Strategic Sourcing Analyst for Software/SaaS is responsible for analyzing spend, evaluating software suppliers, driving cost-saving initiatives, and managing the full sourcing lifecycle across all SaaS categories. The role ensures value, compliance, and performance by partnering closely with IT, Finance, Legal, and key business stakeholders.
Key Responsibilities
1. Spend & Data Analysis
- Conduct spends analysis, usage reviews, and cost modeling to identify savings opportunities.
- Build reports and dashboards using Excel/analytics tools to support decision-making.
- Perform rigorous SaaS vendor due diligence, including security, compliance, integration capability, and product fit.
- Lead RFP/RFI processes and comparative vendor assessments.
3. Contract Negotiation & Management
- Negotiate commercial terms, pricing tiers, renewals, SLAs, and contract protections for SaaS agreements.
- Support contract lifecycle management and ensure vendor adherence to agreed terms.
- Track vendor SLAs, service quality, and product performance; elevate issues as needed.
- Maintain accurate vendor data within procurement systems.
- Research SaaS pricing benchmarks, competitive offerings, and market trends.
6. Cross-Functional Collaboration
- Partner with IT, Finance, Legal, and business owners to validate requirements and ensure alignment.
- Coordinate implementation of sourcing strategies and ensure smooth vendor onboarding