What is Forma?

Forma is a comprehensive Life Benefits Platform designed to simplify the creation and scaling of flexible benefits programs for modern workforces. It provides a seamless experience for both employers and employees, ensuring that benefits are tailored to meet diverse needs and preferences. Forma's intuitive interface and robust features help companies enhance employee satisfaction and retention by offering personalized benefits.

How much does Forma software cost?

Based on Vendr’s internal transaction data for Forma, the minimum price varies based on a company's specific needs. However, the maximum price for Forma software can reach up to $120,000. Our data also reveals that the average cost for Forma software is around $21,000 annually.

Forma Product Descriptions

Twic

Twic is a product under the Forma umbrella, offering capabilities to design and scale flexible benefits programs for modern workforces. It helps companies provide a wide range of benefits that cater to the diverse needs of their employees.

Other products include additional tools and services designed to enhance employee benefits management.

Vendr community insights for Forma

Here are some recent insights from our community regarding Forma:

• "We were able to secure a 6% discount at renewal through setting firm budget constraints."
• "We were able to secure a 6% discount at renewal through mentioning firm budgets."

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

Vendr customers typically achieve an average savings of around 19%, which translates to about $2,000 off the list price for Forma software. By leveraging our extensive experience and data, Vendr helps customers secure lower prices than those listed on Forma's official website.

How does Vendr help me get the lowest price on Forma?

Vendr uses insights from more than 20 unique purchasers and over 30 completed deals to help users get the lowest price on Forma software. We employ several tactics to secure the lowest possible price for our customers:

• Multi-Year Commitments: Longer commitments often result in lower annual costs.
• Expected Growth: We leverage your company's growth projections to negotiate better terms.
• Quick Sales Process Signatures: Speeding up the sales process can lead to favorable pricing.
• Economies of Scale: By bundling purchases, we can achieve cost savings.
• End-of-Quarter Signatures: Timing purchases to align with vendor sales cycles can yield better prices.
• Case Study References: Offering to provide a case study can sometimes result in additional savings.

By utilizing these strategies, Vendr ensures you get the best possible price on Forma software. Create a free Vendr account to start saving today.

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

Vendr's Premium Intelligence provides deeper community insights, pricing benchmarks, contract analysis, stack savings review, and SaaS experts on demand, empowering your procurement team with enterprise purchasing power. Here’s how it helps:

• Pricing Benchmarks: Compare your pricing with industry standards to ensure competitive rates.
• Community Insights: Access real-world experiences and strategies from other Forma users.
• Stack Savings Review: Optimize your software stack to eliminate redundancies and reduce costs.
• Contract Analysis: Get expert reviews of your agreements to identify potential savings.
• SaaS Experts on Demand: Consult with experts to navigate complex purchasing decisions.

Why do Department Heads prefer purchasing Forma through Vendr?

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

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

This allows department heads to maximize software ROI and maintain strong relationships with their finance and procurement teams.