SaaS Pricing Models Analysis for Tech Modernization
A partner and managing director from a top global consultancy sought assistance from our team to conduct industry research concerning tech and digital modernization. The client’s interest lay in exploring the typical pricing models of digital applications that focus on automating tasks related to the bankruptcy administration process.
In response to this request, our solution involved several key steps. Firstly, we assisted the client in shortlisting major Software as a Service (SaaS) providers globally. Subsequently, we identified typical pricing models for SaaS offerings, encompassing monthly fixed costs, optional fees, and bankruptcy-related services where available. Additionally, we provided insights into the common variables influencing cost estimation by product for some of the most recognized SaaS providers.
The outcome of our efforts was the design of a benchmark tool. This tool was crafted to facilitate the comparison of diverse pricing models, primarily focusing on costs. It ensured the comparability of analysis by incorporating price estimators developed by various SaaS providers. Moreover, we aided the client in understanding the composition of a typical SaaS fee by categorizing service offerings based on different solution sets, tracking diverse service and functionality offerings, analyzing cost disparities between customized and pre-built solutions, and highlighting engagement measures offered by SaaS providers such as free trial programs.
Client Challenge
Our client a partner and managing director from a top global consultancy, was interested in exploring typical pricing models of digital applications that focus on automating the execution of tasks related to the bankruptcy administration process.
Our Solution
- Supported client in shortlisting the major SaaS providers globally.
- Identifying typical pricing models for SaaS’s, including elements such as monthly fixed costs by service type, optative fees, and bankruptcy related services (if available).
- Providing insights on the most common variables that affect cost estimation by product for some of the most recognized SaaS providers.
Outcome
Designed a benchmark tool to:
− Facilitate the comparison of diverse pricing models, by focusing on costs.
− Ensure the comparability of the analysis by adding the price estimators developed by some of the SaaS providers.
Helped the client to understand the composition of a typical SaaS fee by:
− Categorizing the service offerings based on the different solution sets designed by each SaaS provider.
− Tracking diverse service and functionality offerings.
− Analyzing the differences in cost between customized and pre-built solutions.
− Highlighting alternatives that different SaaS providers offer to their clients as engagement measures, such as free trial programs.
"Thanks for sending this."
Partner & Managing Director
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