Spiff, a leading sales commission software, caters to businesses of different sizes with a pricing tier that is determined by headcount. Businesses with a headcount of 200 can anticipate costs ranging from around $18,100 to $32,900. Whereas for larger organizations counting on 1,000 employees, the price can increase to a range of $32,300 to $63,700. Even larger entities, with over 1,001 employees, may be liable for fees between $42,300 to $97,500.
Organizations seeking to automate their commission calculations and motivate sales teams may find this cost investment practical. Entities should consider factors such as existing budget constraints and potential avenues for cost-saving, including strategic purchasing during optimal times of the year when discounts may apply. It is of critical importance that businesses have a clear understanding of the financial commitment associated with Spiff's usage prior to the finalization of purchase.
Spiff | ||
---|---|---|
Avg Contract Value | $54,441 | $43,200 |
Deals handled | 20 | 67 |
Unique Purchasers | 20 | 53 |
Avg Savings | 18.76% | 21.45% |
At Vendr, we empower our users with crucial data to help them make informed decisions when negotiating their SaaS contracts. In the case of Spiff, a leading automated compensation software, we have identified a key discount lever and a commercial item that can play a vital role in your negotiation strategy.
One significant discount lever with Spiff is contract length. Companies that commit to longer contract durations are often able to secure better pricing. We've found that a multi-year commitment rather than a yearly contract could yield notable cost savings.
A vital commercial item to consider for Spiff negotiation involves the precise feature set. Spiff offers a range of features varying from advanced analytics to custom commission modeling capabilities. However, not all businesses need (or use) all these features. By accurately identifying and paying only for the features that your company requires, you could potentially reduce your overall Spiff costs.
For a comprehensive view into negotiation insights including additional discount levers and commercial items for Spiff and insights on its competitors like CaptivateIQ, ChartHop, and Everstage—sign up for a free forever Vendr account. Gain access to all the resources you need to negotiate your Spiff contracts confidently and cost-effectively.
Here are some recent insights from our community on procuring Spiff:
Learn more about how to leverage these insights by signing up for a free forever Vendr account. With your free account, you'll gain additional insights such as the estimated time to implement Spiff, what to expect for your renewal, and other discount levers that can be implemented if you're stuck during the negotiation process. There are currently 4 community insights available for Spiff.