The 2025 SaaS Trends Report:Uncover the top purchases, pricing trends, and AI's impact  
The 2025 SaaS Trends Report: Uncover the top SaaS purchases, pricing trends, and AI's impact on software buying
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Veeva Systems

Veeva Systems

Veeva Systems - Cloud-Based Business Solutions for the Global Life Sciences Industry

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How much does Veeva Systems cost?

Median contract value
$211,872
per year
Based on data from 5 purchases.
Median: $211,872
$113,755
$501,612
LowHigh
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AI Quote Analysis

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How does Veeva Systems price and package their products?
View pricing on Veeva Systems's website
Select a product to view Veeva Systems pricing
Not specified
Not specifiedPricing ModelNot specifiedBillingNot specifiedTerm LengthNot specifiedPopular FeaturesSeamless engagement across channels

Negotiating with Veeva Systems

Negotiation Tips

Presenting competitive offers as a viable alternative can lead to significant negotiating power. It is essential to communicate that other suppliers are providing similar functionalities at lower costs. This tactic will require gathering alternative quotes in advance to strengthen your position during negotiations.
Addressing potential overage fees during renewal or upgrade discussions is a crucial tactic to consider. By referencing your original agreement and any possible underutilization, you have leverage to negotiate the waiving of these fees entirely.
Customers have found that pushing back against uplift percentages during contract renewals, especially given a desire to control budget, can yield lower annual rates upon renewal. Highlight any consistent user base or anticipated growth to argue against unjustified uplifts.
When negotiating for additional user licenses, leverage anticipated growth to drive down the per-user cost. Emphasize the economies of scale and the need for a reduced unit price corresponding with increased user volume.
Requesting the removal of auto-renewal clauses can help maintain negotiation leverage for subsequent years. Clarifying that your finance team requires this clause to be removed can ease future negotiations.

Considerations when buying Veeva Systems

OwnershipPublicly traded company
Fiscal year endJanuary 31
Best months to buyFebruary, March, April
Payment TermsNet 30, Net 60
Upgrades/downgradesYes, Veeva Systems 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 $250k.

Additional Info

What is Veeva Systems?

Veeva Systems - Cloud-Based Business Solutions for the Global Life Sciences Industry
Veeva Systems's 4 Product
Veeva CRM Suite
The Veeva CRM Suite is a comprehensive multichannel customer relationship management system designed for various industries including Life Sciences, MedTech, and Consumer Packaged Goods. It offers seamless engagement across channels, events management, field planning, master data management, compliant content at scale, and robust marketing analytics.
Veeva Medical Suite
Veeva Systems Inc. is a leader in cloud-based software for the global life sciences industry. Committed to innovation, product excellence, and customer success, Veeva has more than 750 customers, ranging from the world's largest pharmaceutical companie...
Veeva Vault QMS
Vault QMS is a system designed to manage life sciences-specific quality processes. It provides best practices for handling quality processes such as deviations, audits, and change control.

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