Relyance AI offers a comprehensive SaaS platform focused on data privacy, governance, and compliance automation. The company is well-regarded for its proactive approach to managing data flows and ensuring compliance with various regulations. When negotiating with Relyance AI, emphasize the importance of total cost savings and the unique value proposition of their platform, which could lead to better pricing and terms.The average contract value for Relyance AI is approximately $105,240.33, with total contracted negotiations amounting to $7,500. The proposed price for their services is $323,221, which suggests that there is significant room for negotiation. Leverage these figures to negotiate a favorable rate, especially if you can commit to a longer contract or a larger scope of services.
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How does Relyance AI price and package their products?
Not AvailablePricing Model: Not AvailableBilling: Not SpecifiedTerm Length: Not SpecifiedPopular Features: Full visibility and proactive data protection. Know how data moves through your code base, infrastructure, and third-party vendors.
Negotiating with Relyance AI
Negotiation Tips
Introduce competitive quotes as leverage in negotiations. If you have received offers from similar service providers at lower costs, present this to Relyance AI as they may be inclined to match or beat the competitor's offer based on your preferences for services.
Negotiate to eliminate auto-renewal language from the contract. This gives you leverage for pricing discussions; finance teams are often wary of contracts that automatically renew without review.
Negotiate against any proposed price uplift by referencing prior agreements where no such increases were stated. Emphasize flexibility and the expectation that continued partnership should prevent unnecessary cost increases.
If the software includes features that are now necessary for compliance or security, leverage this to negotiate the addition of those features without steep extra costs. Point out that many competitors bundle these functionalities without additional fees.
Offer to provide testimonials or case studies in exchange for pricing concessions. Suppliers often value positive exposure and may reciprocate by offering better pricing or terms.
Considerations when buying Relyance AI
OwnershipRelyance Inc.
Fiscal year endDecember
Best months to buyJanuary, March, November
Payment TermsNet 30 days, Annual payment upfront
Upgrades/downgradesYes, Relyance AI offers both upgrades and downgrades for its services, making it easy for users to adjust their resources as their needs change.
Redline thresholdRedline threshold estimate is $50k.