When negotiating with Productiv, it is essential to leverage their strong value proposition centered around SaaS cost optimization and analytics. Given their emphasis on providing deep insights into application usage and spend, potential buyers should highlight their needs for visibility and control over their SaaS environments. This approach can create a compelling case for negotiating better terms, especially in terms of pricing and scope of services included in the contract.Additionally, buyers should be aware of Productiv's historical data on savings and contract values. According to their statistics, they have facilitated significant savings for previous clients, averaging nearly 30%. Use this data in negotiations to set expectations for potential savings and frame your discussions around achieving similar benefits, emphasizing the importance of achieving a competitive rate on their services.
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How does Productiv price and package their products?
Removing auto-renewal terms can provide flexibility and negotiate better annual pricing. Ensure you emphasize that your finance team requires a non-auto-renew option to maintain your negotiation leverage.
Showcasing alternative suppliers and their offerings can give you strong negotiating power. Mention that you are considering alternatives that have lower pricing and ask for better terms from Productiv to remain competitive.
When facing an uplift, emphasize your expected budget growth should be reflected in reduced per-unit costs. Request the removal of any proposed uplifts, especially if you have a structured budget based on previous spend.
Before finalizing the decision, analyze your actual usage against the proposed pricing. If you discover underutilization, leverage that data to negotiate better pricing or contract terms.
If you intend to increase your number of users, leverage this growth to request lower rates per user. Vendors often provide better pricing models for companies that show growth potential.
Considerations when buying Productiv
OwnershipPrivate
Fiscal year endDecember
Best months to buyMarch, June, September, December
Payment TermsNet 30, Net 60
Upgrades/downgradesYes, Productiv offers both upgrades and downgrades for its services, making it easy for users to adjust their resources as their needs change.
Redline thresholdRedline threshold estimate is $50k.