In the ever-evolving landscape of Software as a Service (SaaS), organizations are grappling with significant price increases in their contracts. To address this issue, a comprehensive research report by Gartner®1 has been conducted to shed light on the three primary factors driving SaaS vendors to raise their prices. Additionally, the report provides recommendations for sourcing, procurement, and vendor management (SPVM) leaders to navigate negotiations effectively. 3 reasons behind SaaS price increases The report delves into three key drivers behind the escalating SaaS prices, which are causing organizations to face budgetary challenges: Vendors will link price increases to inflation: One of…
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