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What is Auditboard?

Auditboard is a modern connected risk platform designed to streamline and enhance risk management, audit, and compliance processes. It provides organizations with the tools to manage risks effectively, ensuring regulatory compliance and improving overall operational efficiency.

How much does Auditboard software cost?

Based on Vendr’s internal transaction data for Auditboard, the minimum price varies based on a company's specific needs. However, the maximum price for Auditboard software can reach up to $650,000. Our data reveals that the average cost for Auditboard software is about $97,000 annually.

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Vendr community insights for Auditboard

Here are some recent insights from our community regarding Auditboard:

  • "The price was increasing upon renewal (previous contract was a 3-year term) by 3% the first year, 6% the second, and 19% the third compared to what we paid for the last 3 years ($40,800). We pushed back on this and were able to negotiate a 6% increase overall, remaining flat in year 2 and 3."
  • "Flat renewal provided in exchange for a 2-year renewal."

How can I get a percentage off list price for Auditboard?

Vendr customers typically achieve an average savings of around 18%, which translates to about $10,000 off the list price for Auditboard software. By leveraging Vendr's expertise and extensive data from completed deals, customers often secure a lower price than what is listed on Auditboard's official website.

How does Vendr help me get the best price on Auditboard?

Vendr uses insights from more than 30 unique purchasers and over 45 completed deals to help users get the best price on Auditboard software. Here’s how we do it:

  • Multi-Year Commitments: Longer commitments often result in lower annual costs.
  • Economies of Scale: By bundling purchases, we secure volume-based pricing.
  • Expected Growth: We leverage your company's growth projections to negotiate better terms.
  • Quick Sales Process Signatures: Speedy decision-making can lead to favorable terms.
  • End-of-Quarter Signatures: Timing purchases at the end of a supplier's quarter can yield better pricing.
  • Case Study References: Offering to be a case study can sometimes result in additional savings.

Vendr can assist you in achieving similar savings. Create a free Vendr account to explore more.

What's the best way for me to get the best price for Auditboard on my own?

Vendr's Premium Intelligence provides deeper community insights, pricing benchmarks, contract analysis, stack savings review, and SaaS experts on demand to empower your procurement team. Here’s how:

  • Pricing Benchmarks: Compare your pricing against industry standards.
  • Community Insights: Access real-world experiences and pricing data from other Auditboard users.
  • Stack Savings Review: Optimize your software stack for cost efficiency.
  • Contract Analysis: Get expert reviews of your contracts to identify savings opportunities.
  • SaaS Experts on Demand: Consult with experts to navigate complex purchasing decisions.

Why do Department Heads prefer purchasing Auditboard through Vendr?

Vendr eliminates unnecessary sales calls, outdated channel partners, and long sales cycles. This translates into:

  • Elimination of Unnecessary Sales Demos: Save time by skipping redundant presentations.
  • Faster Access to Software: Get the tools you need without delay.
  • Budget Ownership: Maintain control over your department's spending.
  • Accelerated Time-to-Value: Start realizing the benefits of your software investment sooner.
  • Adherence to Company Policy: Ensure all purchases comply with internal guidelines.

This paves the way for department heads to maximize software ROI and maintain strong relationships with their finance and procurement teams.

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