Self-inflicted audits can happen when you ask for help from your software vendor – but they can be avoided.
Craig Guarente
Craig is the CEO and founder of Palisade Compliance. Before this, he worked at Oracle for over 15 years. Starting as a contract specialist drafting database license contracts, he later became the global vice president of contracts, business practices, and migrations. Craig was also the global process owner for Oracle’s customer audit teams (LMS) and a member of multiple Oracle-related advisory boards.
Craig is a thought leader in the areas of contract administration, negotiations, business process reengineering, and contract process automation. He has advised companies across the globe, helping them optimize and streamline their contracting policies, practices, and tools.
Unofficial Audits: A Trap in Disguise
Unofficial audits can be disguised as an offer of help from your software vendor – sharer beware!
Contractual Audits: How to Spot them and Defend Yourself
The contractual right to audit provision in your contracts is not the only way you can be audited by a vendor – the other ways are hard to spot.
Protect Yourself from Rising Compliance Audits
Global economic uncertainties require companies to change strategies and tactics to merely stay afloat. During economic downturns, software & SaaS providers increase audit activity to generate revenue. Whether it’s official audits with notifications and contractual obligations or back door interrogations of IT professionals, tech companies of all sizes are coming for your dollars. It’s imperative you understand how these large organizations use these tactics to circumvent your SAM protections to protect yourselves from their incursions.