How Fortune 500s Embed Software Audits in Contracts

Episode 60 of Enterprise Tech with Fexingo dives into the rise of software audit clauses in Fortune 500 procurement contracts. Lucas and Luna break down a real case: a multinational bank that faced a $12 million true-up bill after a surprise vendor audit — and how they rewrote their procurement playbook to avoid it next time. They discuss perpetual vs. subscription licensing, audit frequency caps, and the growing role of independent verification. Listeners learn the three clauses procurement teams are now demanding: notice periods, scope limits, and cost-sharing on third-party auditors. A practical episode for anyone negotiating enterprise software deals or managing vendor relationships. #SoftwareAudit #Fortune500 #Procurement #EnterpriseSoftware #SaaS #VendorManagement #ContractClauses #Negotiation #TrueUp #Licensing #Business #Technology #FexingoBusiness #BusinessPodcast #EnterpriseTech #LucasAndLuna #VendorAudit #SoftwareCompliance Keep every episode free: buymeacoffee.com/fexingo