Episode
How Fortune 500s Use Procurement to Manage SaaS Compliance
- Published
- Jun 8, 2026
- Duration seconds
- 643
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Summary
Episode 39 of Enterprise Tech examines how Fortune 500 companies are using procurement to enforce SaaS compliance, specifically around data residency and SOC 2 certifications. Lucas and Luna discuss how a major financial services firm used contract clauses and automated audits to avoid a $10 million regulatory penalty. They break down the three key levers procurement teams use: contract language, vendor risk assessments, and continuous monitoring. The episode also covers the hidden costs of non-compliance, including software audits and vendor lock-in. A practical look at a growing problem for enterprise tech buyers. #SaaS #Compliance #Fortune500 #Procurement #DataResidency #SOC2 #VendorRisk #EnterpriseTech #SoftwareAudit #Regulatory #ContractNegotiation #RiskManagement #Business #Technology #FexingoBusiness #BusinessPodcast #EnterpriseSoftware #ComplianceManagement Keep every episode free: buymeacoffee.com/fexingo