COMPAREX SoftCare is a unique toolset to reduce compliance risks, cut costs in the process of managing and purchasing software licenses and demonstrably increase the level of efficiency of your procurement processes.
With this holistic approach COMPAREX aims to revolutionize the procurement of software by becoming your SINGLE PROVIDER of software licenses.
At COMPAREX more than 2,450 employees in 35 countries across the globe are focused on the management of software usage rights and sourcing. We are global number one in license knowledge, proven by 4,750 certifications from 70 software vendors.
COMPAREX SoftCare comprises a set of services designed to significantly improve the performance of procurement and strengthen its position and role. Hence we follow one simple formula: Transparency = Efficiency = SAVINGS.
With COMPAREX SoftCare we empower procurement departments to play a strategic part in their organizations, overcome talent constraints and to deliver the savings demanded by the management.
Globally, software is considered as goods, services and right with various types of usage and different usage periods. Above all, complex legal issues when transferring usage rights and other tax- and fiscal regulations (withholding tax, value added tax) require professional license management.
Take a look how COMPAREX SoftCare revolutionizes your license management:
We analyze your software landscape in four steps and design the optimum sourcing model for you, taking the following into account:
Demand analysis of core products
Demand analysis of additional products
Consolidation into procurement model
Support for contract negotiations
All measures are based on our expertise in license programs, products and contracts of the software vendors. Therefore, COMPAREX maintains excellent relations with all the leading representatives of the industry and holds almost without exception, the highest certification standards. Overall, our portfolio includes products from more than 3,000 suppliers.
Our global market coverage enables us to make international comparisons to find the best price worldwide with our unique cloud-based Dynamic Global Sourcing system.
To this end, we make use of:
Complex tax regulations (VAT or withholding tax, for example) play a very important role, particularly in international transactions. Non-compliance may lead to criminal prosecution.
By maintaining a global ERP system with a central hub, COMPAREX ensures compliance with tax and licensing regulations and simplifies cross-border delivery options from 561 to 33!
Compliance – and particularly transparency – are not only important for tax regulations. If more software products are used than are licensed, an audit by a software provider may result in a fine (‘license shortfall’).
If, however, more licenses are bought than are actually needed, there may be potential for savings (‘license excess').
|Cost Risks from Audits|
|This is your software requirement (e.g. 1,000 licenses).||This is the amount of licenses you've actually bought (e.g. 1,200 licenses). This is called a »license excess«||This is the amount of licenses you've currently installed. In this case you have installed more licenses than bought (e.g. 1,200 licenses installed and 1,000 licenses bought). This is called a »license shortfall«|
Synchronizing the renewal of existing contracts with different usage periods offers significant potential for savings. The various contracts can then be consolidated and extended collectively. Better terms can thus be achieved during purchasing negotiations thanks to larger contract volumes.
Using automated and controlled processes, the sourcing of software licenses is not only
COMPAREX offers tailored solutions for your software procurement and administration according to your specific requirements – from a simple web shop up to a fully-integrated e-supply chain.
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