What is ModernLoop?

ModernLoop is a comprehensive software solution designed to streamline and enhance your company's hiring processes. By automating interview scheduling, improving communication, and coordinating efforts, ModernLoop helps organizations scale efficiently and effectively. This results in significant time savings and a more organized recruitment process, ultimately leading to better hiring outcomes.

How much does ModernLoop software cost?

Based on Vendr’s internal transaction data for ModernLoop, the minimum price is $3,000, and the maximum price is $45,000. The average cost for ModernLoop software is approximately $17,500 annually. These figures provide a clear picture of the investment required to leverage ModernLoop's powerful hiring solutions.

Vendr community insights for ModernLoop

Here are some recent insights from our community regarding ModernLoop:

"ModernLoop waived the cost of Okta when we leveraged budget and quick signature."
"ModernLoop provided more advantageous pricing on a 2-year agreement as well as provided Net 60 terms on year 1 with an opt-out if the tool is not satisfactory. We were also able to get Okta support fee completely waived when agreeing to sign by a specified date."

How can I get a percentage off list price for ModernLoop?

Vendr customers typically achieve an average savings of around 23%, which translates to about $1,850 off the list price for ModernLoop software. By leveraging Vendr's expertise and extensive data, customers often secure a lower price than what is listed on ModernLoop's official website.

How does Vendr help me get the lowest price on ModernLoop?

Vendr uses insights from more than 10 unique purchasers and over 15 completed deals to help users get the lowest price on ModernLoop software. Here’s how Vendr employs various tactics to secure the lowest possible price:

Economies of Scale: Combining purchases to achieve volume discounts.
Expected Growth: Leveraging your company's growth projections to negotiate better terms.
End-of-Quarter Signatures: Taking advantage of suppliers' quarterly sales targets.
Multi-Year Commitments: Securing lower prices through longer-term agreements.
Case Study References: Offering to provide case studies in exchange for better pricing.
Quick Sales Process Signatures: Speeding up the sales process to gain favorable terms.

Vendr can assist you in achieving similar savings. Create a free Vendr account to explore these benefits.

What's the best way for me to get the lowest price for ModernLoop on my own?

Vendr's Premium Intelligence provides deeper community insights, pricing benchmarks, contract analysis, stack savings review, and SaaS experts on demand, empowering organizations to achieve enterprise-level purchasing power. Here’s how:

Pricing Benchmarks: Compare prices to ensure you're getting a fair deal.
Community Insights: Access valuable feedback and experiences from other users.
Stack Savings Review: Optimize your software stack for cost efficiency.
Contract Analysis: Get expert reviews of your agreements to identify savings opportunities.
SaaS Experts on Demand: Consult with experts to navigate complex purchasing decisions.

Why do Department Heads prefer purchasing ModernLoop through Vendr?

Vendr eliminates unnecessary sales calls, outdated channel partners, and long sales cycles. This translates into:

Elimination of Unnecessary Sales Demos: Save time by skipping redundant presentations.
Faster Access to Software: Quickly get the tools you need without delays.
Budget Ownership: Maintain control over your department's spending.
Accelerated Time-to-Value: Start realizing the benefits of your software sooner.
Adherence to Company Policy: Ensure all purchases comply with internal guidelines.

This paves the way for department heads to maximize software ROI and maintain strong relationships with their finance and procurement teams.

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