Software Procurement Analyst

Pyramid Consulting, Inc provided pay range

This range is provided by Pyramid Consulting, Inc. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

$45.00/hr - $50.00/hr

Immediate need for a talented Software Procurement Analyst. This is a 06+months contract opportunity with long-term potential and is located in Mclean, VA(Onsite). Please review the job description below and contact me ASAP if you are interested.

Job
-00145

Pay Range: $45 - $50/hour. Employee benefits include, but are not limited to, health insurance (medical, dental, vision), 401(k) plan, and paid sick leave (depending on work location).

• Develop annual category strategy for SaaS products across enterprise.
• Understand emerging SaaS trends: AI-enabled offerings, acquisitions, and new regulatory obligations (e.g., data).
• Maintain competitive benchmarks and price trends for major sourcing & negotiation.
• Lead RFPs, renewals, and competitive events for SaaS agreements (typically $1M–$25M).
• Negotiate with major technology suppliers known for aggressive pricing models.
• Drive 24-month renewal look-ahead to create leverage, evaluate switching options, and coordinate exit strategy readiness.
• Develop negotiation positions including licensing optimization, demand management, alternative vendor analysis, and Total Cost of Ownership (TCO).
• Collaborate with Legal on contract terms including: data privacy, security requirements, SLAs, credits, uptime.
• Term length aligned to exit strategy readiness (12/24/36+ months).
• Review and negotiate complex SaaS terms such as: overages, true-ups / true-downs, de-scoping & termination assistance.
• Develop supplier scorecards and quarterly business reviews for tier-1 SaaS.
• Track delivery, performance, roadmap alignment, price changes, and compliance.
• Identify emerging risks: supplier lock-in, under utilization, shadow IT, duplicate tools.
• Governance & Reporting.
• Prepare materials for Executive Leadership governance including renewal dashboards, contract risk heat maps, and business case summaries.
• Partner with IT stakeholders for forecasting and consumption modeling.
• Document category playbooks, standard negotiation strategies, and supplier.

• Executive presence --comfortable presenting to senior leadership, risk committees.
• Influencing without authority across IT, Finance, and business divisions.
• Structured communication—can synthesize complex deals into concise decision memos.
• Negotiation maturity—knows when to escape, when to walk away, and when to leverage competition.
• High integrity & risk awareness within a financial-services regulatory environment.
• Technical & Procurement Expertise.
• 5–10+ years in technology procurement, with 3+ years focused on SaaS.
• Experience negotiating with top-tier SaaS providers.
• Strong understanding of SaaS licensing: per-seat, consumption-based, tiered, platform bundles, unlimited agreements, community.
• Data & Analytics Capability.
• Ability to model SaaS usage, optimize licenses, and scenario-plan renewal options.
• Skill in evaluating cost models, utilization reports, and consumption dashboards.
• Legal/Contract Experience.
• Familiarity with SaaS terms, AI policies, uptime SLAs, indemnities, SOC reports, and cyber requirements.
• Ability to redline documents and propose alternative terms.

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