Procurement Specialist

Department Icon Accounting & Finance
Posted: 2 months ago
6-10 years
Bengaluru / Bangalore, Karnataka
Accounting & Finance
work from office
Full Time

Posted: 2 months ago
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Job Description

Key Responsibilities

  • Act as the main procurement partner for software purchases.
  • Manage software license lifecycle, including renewals and compliance.
  • Negotiate software contracts to secure best terms and reduce risks.
  • Lead RFX processes (RFI, RFQ, RFP) for software sourcing.
  • Ensure compliance with legal, security, and company policies.
  • Monitor requisitions and approvals using tools like SAP, CLM, Salesforce, ServiceNow.
  • Identify cost-saving opportunities and improve procurement processes.
  • Support global supplier onboarding and related compliance requirements.

Requirements

  • Bachelors degree with 6 –10 years of procurement experience, including Procure-to-Pay and PR/PO lifecycle.
  • Hands-on experience in software procurement (IT, SaaS, Cloud, Software Licenses).
  • Strong knowledge of software contract terms and legal compliance.
  • Ability to lead RFP/RFX processes and negotiate contracts effectively.
  • Good understanding of finance basics (GL codes, cost centres).
  • Skilled in identifying cost-saving and efficiency opportunities.
  • Capable of working independently and managing multiple priorities.
  • Excellent communication and collaboration skills with stakeholders.
  • Strong analytical and problem-solving abilities

About Sapiens:-

Sapiens International Corporation (NASDAQ and TASE: SPNS) is a global leader in intelligent insurance software solutions. With Sapiens robust platform, customer-driven partnerships, and rich ecosystem, insurers are empowered to future-proof their organizations with operational excellence in a rapidly changing marketplace. We help insurers harness the power of AI and advanced automation to support core solutions for property and casualty, workers compensation, and life insurance, including reinsurance, financial & compliance, data & analytics, digital, and decision management. Sapiens boasts a longtime global presence, serving over 600 customers in more than 30 countries with its innovative SaaS offerings. Recognized by industry experts and selected for the Microsoft Top 100 Partner program, Sapiens is committed to partnering with our customers for their entire transformation journey and is continuously innovating to ensure their success. For More information visit us on www.sapiens.com .

Sapiens is an equal opportunity employer. We value diversity and strive to create an inclusive work environment that embraces individuals from diverse backgrounds.

Disclaimer: - Sapiens India does not authorise any third parties to release employment offers or conduct recruitment drives via a third party. Hence, beware of inauthentic and fraudulent job offers or recruitment drives from any individuals or websites purporting to represent Sapiens . Further, Sapiens does not charge any fee or other emoluments for any reason (including without limitation, visa fees) or seek compensation from educational institutions to participate in recruitment events.

Accordingly, please check the authenticity of any such offers before acting on them and where acted upon, you do so at your own risk. Sapiens shall neither be responsible for honouring or making good the promises made by fraudulent third parties, nor for any monetary or any other loss incurred by the aggrieved individual or educational institution.

In the event that you come across any fraudulent activities in the name of Sapiens , please feel free report the incident at sapiens to [HIDDEN TEXT]

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About Company

Sapiens is a global leader in the insurance industry, delivering an award-winning, cloud-based SaaS insurance platform to over 600 customers across more than 30 countries. With over 40 years of expertise, Sapiens boasts a professional team of over 5,000 employees worldwide, dedicated to powering insurance transformation with innovative, data-driven, cloud-centric technology. Sapiens careers offer a chance to be part of a company that prioritizes digital-first solutions, providing unmatched deployment flexibility and a commitment to success in the rapidly evolving insurance sector​

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