Software vendor audits can result in a substantial amount of unbudgeted spend and time spent away from your day-to-day necessary business activities. The impact of these audits can be reduced if your organization has access to accurate data and a repeatable process in place.
Taking a proactive approach to software vendor audits will ensure that your organization is not only in a perpetual state of audit readiness and able to address audit activity when the notification lands but can also drive value from the process to take into future vendor negotiations.
In this eGuide, our experts outline considerations and offer practical guidance on the following:
- What drives a vendor to audit?
- What can trigger an audit for your organization?
- How to mitigate audit risk
- Best practice audit response
- Driving business value from an audit