Your vendors negotiate renewals every day. We make sure you have someone on your side who does too.
Most SaaS contracts carry 60–90 day notice windows. Mid-market companies typically have 2–4 significant contracts renewing each year — and most don't know which ones are approaching until it's too late to negotiate.
Book a Free AssessmentPlatforms like Vertice, Tropic, and Vendr are engineered for enterprise procurement teams managing $10M+ in SaaS. Platform fees start at $30,000–$50,000 per year — before a single negotiation — and they require internal staff to operate.
For a 200–700 person company without a dedicated sourcing function, you'd be purchasing a tool that requires the team you don't have.
RenewIQ fills the gap. No software. No platform fee. No annual commitment. You pay exclusively when confirmed, documented savings are signed into your contracts.
| Vertice / Tropic / Vendr | RenewIQ Advisors | |
|---|---|---|
| Entry cost | Platform fees from $30K–$50K/year | $0 upfront. 20% of confirmed savings only. |
| Who operates it | Your internal procurement team | We run every negotiation. You approve. |
| Time to first insight | Weeks of onboarding | Full portfolio assessment in 3–5 business days. |
| Best fit | Enterprise ($10M+ SaaS) | Mid-market ($1M–$5M, no procurement team) |
| If nothing found | Platform fee already paid | You pay nothing. Zero. |
Every enterprise SaaS vendor has a team whose job is to maximize what you pay at renewal. They track your usage, know your notice windows, and benchmark your pricing against every comparable account. The asymmetry is structural — and it compounds every renewal cycle you let it run.
The VP of Sales owned the Salesforce relationship. The CFO owned Workday. No one owned DocuSign — it renewed automatically and the invoice went to AP. All three had renewed without a utilization review in at least three years. Renewal dates were tracked in a spreadsheet no one had opened in eight months.
When engaged, all three were within a two-week window of each other — Salesforce 40 days out, DocuSign 48, Workday 55. An accelerated portfolio scan surfaced:
Confirmed two-year savings: $184,000. Year-one verified reduction: $92,000. RenewIQ fee: $18,400. Net client benefit in year one: $73,600.
"The Workday rate increase had been auto-executing for two years and no one flagged it. The Salesforce seats from the people who left were still in the contract. RenewIQ found both in the first week. We got $92,000 back in year one on contracts we thought were fine."CFO · 480-Person Professional Services Firm · Atlanta, GA
The VP of Finance managed both vendor relationships directly and considered them stable. ADP had been in place for six years. Salesforce for four. Neither had ever been formally renegotiated — renewals were handled via a DocuSign link from the rep.
What the VP of Finance didn't know: ADP's contract contained an annual escalation clause that had triggered automatically at each of the last two renewals. No one had ever reviewed the actual language. The ADP rep had confirmed each year that the increase was "contractually required." When engaged, both contracts were 52 days from auto-renewal. The portfolio scan surfaced:
Confirmed two-year savings: $118,000. Year-one verified reduction: $63,000. RenewIQ fee: $12,600. Net client benefit in year one: $50,400.
"Our ADP rep told us every year that the rate increase was contractually required. RenewIQ showed us the actual clause. It wasn't required — it was discretionary language ADP uses to see if anyone pushes back. No one ever had."VP of Finance · 390-Person B2B Outsourcing Firm · Chicago, IL
A pure performance model — our fee comes exclusively from the savings we deliver.
No retainers. No hourly rates. No platform fees. No project minimums. We only invoice when confirmed, documented savings are signed into your contracts. Our incentives are aligned with yours from the first call to the final amendment.
You don't need to know which vendors to target, how to structure the conversation, or what comparable companies are paying. That is exactly what we bring to every engagement.
We need access to your vendor contracts, 6–10 hours of your team's time across the engagement, and a decision-maker with authority to execute contract amendments.
The RenewIQ advisory team brings hands-on experience from strategic sourcing and vendor management roles at some of the world's most sophisticated technology companies — overseeing portfolios exceeding $50M and negotiating against the same vendors your company runs today.
These are the questions that consistently come up before a first call. Anything not covered here — email us directly.
No pitch deck. No commitment. An honest assessment of whether we can help, which vendors to prioritize, and what we'd expect to find — in 30 minutes.
Data handling: We never share, sell, or disclose client contract data. All vendor materials are handled under strict confidentiality and retained only as required. Your contracts stay yours.