Moody's

Moody's Negotiation Insights

When it comes to negotiating with Moody's, it's essential to have a clear understanding of your organization's needs and to approach the conversation with well-defined goals. Here's a strategic insight to help you navigate the negotiation process:

Leverage Underutilization

If your current usage of Moody's services is below the contracted amount, this can serve as a significant lever in your negotiations. Request a detailed report of your total and active usage over the past 12 months and compare it with your contract terms. Underutilization can be a strong argument for adjusting your contract to better match your actual needs, potentially leading to cost savings.

Payment Terms

Negotiating favorable payment terms is another critical aspect of the procurement process. If your cash flow allows, consider proposing an annual upfront payment to Moody's. This can often result in better pricing and demonstrates a commitment to the partnership, which Moody's may value and reciprocate with more favorable terms.

For more discount levers and commercial strings to pull when negotiating your Moody's contracts, we encourage you to sign up for a free forever Vendr account. Inside the Vendr platform, you'll find negotiation insights for Moody's, each designed to empower you with the knowledge to secure the best possible terms for your organization.

Community Insights for Moody's

Here are some recent insights from our community on procuring Moody's services:

1. "We were able to keep our existing discounting at renewal, citing budget allocation was based on the current discount." - Community Insight was posted 1 month ago.
2. "We were able to get a 12% discount applied for our renewal by pushing back on the pricing and reiterating our budget. We also achieved Net 60 payment terms on a 12-month term, as well as removing the auto-renewal and locking in the same rate for future renewals." - Community Insight was posted recently.

Learn more about how to navigate the negotiation process and secure the best possible terms by signing up for a free forever Vendr account. With your free account, you'll gain access to additional insights such as the estimated time to implement Moody's, what to expect for your renewal, and other discount levers that can be implemented if you're stuck during the negotiation process. Currently, there are multiple community insights available for Moody's, offering a wealth of knowledge to help you make an informed decision.

Moody's Overview

Moody's Analytics provides financial intelligence and analytical tools to help business leaders make better, faster decisions. Their products and solutions are underpinned by robust, industry-leading data and analytical expertise, serving a wide range of industries including banking, government, and insurance. With a commitment to providing the most comprehensive economic and financial data, Moody's Analytics empowers customers to confidently navigate an evolving marketplace.

Compliance and Security

Moody's Analytics is dedicated to maintaining the highest standards of data security and regulatory compliance. The platform ensures adherence to the General Data Protection Regulation (GDPR), reflecting its commitment to data privacy and protection. Moody's Analytics also meets the stringent requirements of Service Organization Control (SOC) 2, demonstrating its capability to safeguard customer data and privacy.

In addition to these compliance achievements, Moody's Analytics supports Multi-Factor Authentication (MFA) and Single Sign-On (SSO) capabilities, providing an extra layer of security and a streamlined user experience. The platform's adherence to Personally Identifiable Information (PII) and Data Processing Agreements (DPA) regulations further solidifies its position as a trusted partner in managing sensitive financial data.