SaaS Renewal Management, Explained

When does Smartsheet renew? Are we getting a fair price for Zoom? Do we really need 100 enterprise licenses? Each SaaS renewal requires time to prepare so you can answer these questions – and more. In this episode, Ben Pippenger explains SaaS renewal management and the ideal process you should follow to confidently tackle software renewals at scale.Have a question you’d like answered on SaaSMe Anything? Submit yours here. Key Takeaways:[00:09 - 00:46] Helping with renewals[00:46 - 01:36] What is SaaS renewal management?[01:36 - 02:34] What is the ideal renewal process?[02:34 - 03:11] 120 days applies to most applications but there are exceptions[03:11 - 03:48] Determining quantity of licenses[03:48 - 04:27] Benchmark comparisons[04:27 - 04:59] Adding the agreement to your system of record[05:00 - 05:34] RecapSaaSMe Anything is the bi-weekly podcast that brings clarity to the chaos of SaaS, hosted by your resident SaaS expert and Zylo co-founder Ben Pippenger. Connect with Ben on LinkedIn here.