Overview
Skills
Job Details
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 ID: 26-00145
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).
Key Responsibilities:
- Category Strategy & Market Intelligence
- Develop annual category strategy for SaaS products across enterprise.
- Understand emerging SaaS trends: AI-enabled offerings,
- shifting license models, supplier consolidation, major
- acquisitions, and new regulatory obligations (e.g., data
- residency, AI governance, etc.).
- Maintain competitive benchmarks and price trends for major
- platforms (e.g., per-user license growth, price uplift norms).
- 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).
- Contracting & Risk Alignment
- Collaborate with Legal on contract terms including:
- Data privacy
- AI use & model training restrictions
- 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
- Usage tiers
- True-ups / True-downs
- Auto-renew / evergreen risk
- De-scoping & termination assistance
- Supplier Relationship Management & Performance
- Develop supplier scorecards and quarterly business reviews for tier-1 SaaS
- suppliers.
- Track delivery, performance, roadmap alignment, price changes, and compliance.
- Identify emerging risks: supplier lock-in, underutilization, 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
- intelligence profiles.
Key Requirements and Technology Experience:
- Key skills; Procurement, RFP , SAAS
- 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 escalate, 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[1]based, tiered, platform bundles, unlimited agreements, community
- licenses, sandbox pricing, etc.
- Proven ability to run sourcing events from intake → strategy → RFP → evaluation →
- negotiation
- contracting → renewal governance.
- Data & Analytics Capability
- Ability to model SaaS usage, optimize licenses, and scenario-plan renewal options.
- Skilled 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.
Our client is a leading Financial Industry, and we are currently interviewing to fill this and other similar contract positions. If you are interested in this position, please apply online for immediate consideration.
Pyramid Consulting, Inc. provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
By applying to our jobs you agree to receive calls, AI-generated calls, text messages, or emails from Pyramid Consulting, Inc. and its affiliates, and contracted partners. Frequency varies for text messages. Message and data rates may apply. Carriers are not liable for delayed or undelivered messages. You can reply STOP to cancel and HELP for help. You can access our privacy policy .