RE: Procurify Cost

How much does it cost to purchase and implement Procurify?
What is the break-down cost of licenses, maintenance and support, installation, customization, data migration and training?

administrator Vice Professor Asked on July 3, 2024 in Supply Chain Management.
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1 Answers

Software price

Procurify offers three pricing plans: Starter, Business, and Premium. The Starter plan costs $12 per user per month, the Business plan costs $24 per user per month, and the Premium plan costs $39 per user per month. For larger organizations or Global Enterprise solutions, customized pricing is available upon request.

Plans compared

The Starter plan includes basic procurement features such as purchase orders and approvals. The Business plan adds features like budgeting and vendor management. The Premium plan includes advanced analytics and custom fields, among other features.

Plans fit

The Starter plan is best suited for small businesses or startups with basic procurement needs. The Business plan is ideal for growing companies that require more advanced procurement functionalities. The Premium plan is recommended for larger enterprises with complex procurement processes or global operations.

Other cost

Implementation costs for Procurify can vary depending on the size and complexity of the organization, but on average range from $1,000 to $5,000. Customization costs are also variable but typically start at $500 for small businesses and can go up to $5,000 for larger enterprises. Training costs range from $500 to $2,000 per user, depending on the plan and level of customization required.

One time fees

Procurify is a cloud-based software and does not require any specific hardware purchases. There are no significant one-time fees associated with the software, aside from potential customization costs.

Alternatives compared

When compared to alternatives like Coupa, SAP Ariba, and Jaggaer, Procurify is on the more affordable end of the spectrum, especially for small to medium-sized businesses. While some competitors may offer more features, Procurify provides a cost-effective solution for companies looking to streamline their procurement processes.

Veredict

Procurify offers competitive pricing options for businesses of all sizes, with a range of features to meet various procurement needs. Compared to its competitors, Procurify is considered a cost-effective solution, earning a pricing grade of 85 out of 100.

Vice Professor Answered on July 3, 2024.
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