"We were able to renegotiate tiers to lower the renewal investment point by agreeing to a 2 year agreement. This also lowered the rates of future growth tiers as well to help future proof the contract."
Company with 201-1000 employeesThis month
"Ensure to negotiate future billing tiers when growing, often times a longer commitment will allow the best current and future investment rates."
Company with 201-1000 employeesThis year
"Maxio proposed an 8% increase for a flat renewal. We were able to work with them to reduce this to 5% due to challenges we have had with the platform during the last term."
Company with 201-1000 employeesThis year
"Maxio has an 8% blanket price increase every year. "
Company with 201-1000 employeesThis year
"10% uplift apply to renewals. Maxio are firm on this but willing to reduce to 3.5% increase in Y1 and 6% increase in Y2, if commiting to 24 months upfront, with annual invoices. "
Company with 201-1000 employeesA while ago
"Secured a 25% discount by leveraging firm budget, competition, and quick timeline. "
Company with 201-1000 employeesA while ago
"Maxio bases your base fee based on your TTM (trailing twelve month) revenue. On our contract, Maxio was saying our TTM revenue was between 52-57MM which put us in the 50-75MM category. Our FP&A team did some digging and found that our actual TTM was $43MM. This was because Maxio is calculating revenue based on any invoice sent and not considering payment terms, discounts, etc...
After confronting Maxio about the differences in TTM, our price dropped from $115k to $72k (35%). "
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