Presenting competition as a viable alternative has proven effective in negotiations. Stress that you are considering a competitor that has offered a lower price for similar functionalities, making it clear that your budget is constrained and negotiations must center around competitive pricing.
Ensure the supplier communicates all pricing changes transparently and in advance. If there were changes in the pricing model that were not mentioned earlier, leverage this communication gap to negotiate better pricing, emphasizing the unexpected nature of the elevate costs.
Push to eliminate any automatic renewal clauses from the contract. Emphasize that your finance team requires this change not only for this contract but for all future purchases to proceed, thereby ensuring your negotiation flexibility in the future.
Consider offering to pay annually upfront in exchange for a discounted rate. This lever not only provides immediate cash flow to the vendor but can be beneficial for you in terms of savings on the total contract value.
You could propose to act as a reference or to participate in a case study with Glassbox Digital in exchange for more favorable pricing. This tactic can leverage the mutual benefits of collaboration, potentially leading to a better deal.