PO Software: 5 Pricing Plans Explained
Table of contents:
PO pricing plans
Purchase Order Software pricing plans could be in a lot of ways.
Some companies charge based on the number of users, some on storage space, maybe for other services like bandwidth. Some companies charge a single fee for a bundle with all features included. Some companies have free plans that allow only a small number of users or a limited number of transactions, but still, have paid options that can be a low price.
Some companies have a free trial. The models can be mixed, too. Some software split their pricing into different parts - the number of users, transactions, and other features.
Software costs could be time-based or a one-time payment for a perpetual license which means you will have to pay for support and updates as long as you use the product. Usually, when you buy an Enterprise solution with the perpetual license, you get free updates for 5 years, and then it's up to you to renew them.
Picking the right pricing plan is easy once you understand how each type of package works, who needs it, and what it's best for. We've broken down the five most popular plans below so you can see the differences between them and pick the right one for your business.
Let's have a look at the pricing plans used in PO software:
1. Free trial
Free trial PO software is the PO software that you can use for free, for a certain amount of time. This will allow you to test it out before making any decisions on acquiring it.
When thinking about using a PO (purchase order) system, it is important to understand the different features and benefits that are available. Many companies offer a free trial for their software, to allow potential customers to explore the full capabilities of the software before making a purchasing decision.
When considering PO software, be sure to ask about the availability of a free trial. This will allow you to try out the software and see if it is a good fit for your business. Make sure to take advantage of any free trials that are offered, as they can be a great way to explore different software options. Ultimately, this can help you make the best decision for your business.
2. Pay per active user or licenses
Pay per active user or license is an agreement that allows a company to pay for the number of users or licenses they use. A typical scenario is paying for each user in the purchasing department instead of buying one license and letting them share it between them. This can be beneficial when you have more than 10 users at one time and less than 90% utilization (100 - 90 = 10 users).
Pay per active user or license can be used by companies to focus on their core business. They don't have to worry about making money from users who are not using their services, thus they will build a solid reputation with their client base. Focusing on their core business also lets companies spend less time and money managing their software products.
Pay per active user is only available on a monthly basis, whereas pay per license can be both monthly and yearly.
What are the pros of adopting this pricing plan? A major benefit comes from being able to scale back or a start-up with this method. You could have an initial setup fee which you would lose if you cancel the subscription, so it's important to weigh the pros and cons before making a decision.
Another plus is that you pay for what you use. This can save you money upfront and prevent unused licenses from piling up.
3. Pay separately for add-ons
Pay separately for add-ons is the practice of asking customers to pay for extras, such as customizations or features, on top of the price of the software. This pricing model can be beneficial for users as they know exactly what they are paying for.
The main advantage of this pricing model is that it makes it easy for customers to understand what they are getting. By separating the cost of add-ons from the price of the software, users know exactly how much they are spending on each feature. This can be helpful for businesses that only need a few specific features or customizations from their software.
For instance, a business owner who only needs to send out invoices and contracts without any extra features does not need to pay for extra applications such as inventory management or time-tracking.
Another advantage of the Pay separately for add-ons pricing plan is that it can be cost-effective. By separating the cost of add-on features, users can save money on the services or features they do not need.
For example, a business owner who only needs the invoicing feature from an application could purchase addons such as time-tracking and inventory management after paying for the software.
4. No minimum number of users is required
No minimum number of users is required in the PO software pricing plan is a type of pricing model in which buyers are not required to have a minimum number of users from the company to use the software. This is a big advantage for small businesses and start-ups.
Since there is no need to have a certain number of users to use the software, businesses can save on costs by only having the number of users that they need. This also makes it easier for businesses to switch to PO software, as they don't have to worry about a minimum number of users being required before they can switch.
All this leads to businesses having more flexibility in choosing the software that is right for them. This also saves the business money because they would not have to purchase a large number of licenses that they do not need. Once users try the product and see its great features, they will pay for it and the product will start generating revenue.
5. Monthly/quarterly payment
Monthly/quarterly payment in a PO software pricing plan is an option for companies who don't want or need to make big investments but want to use at least some of the functions of PO software.
This type of payment it's called "subscription" because the payment is made on time (in this case every month or quarter). Thus, if one subscribes to a monthly payment, he pays every month. If one subscribes to a quarterly payment, he pays once every quarter.
Monthly/quarterly payments are also called "leases" because the customer leases the use of the software for 1 or 3 months or until further notice (whichever comes first). The company that makes this kind of payment is called the "lessee."
The benefits of monthly/quarterly payments are that it gives the lessee the ability to use the software right away, without having to wait for a full year for the investment to be repaid. Additionally, monthly/quarterly payments make it easier for companies to budget because they know how much money they need to set aside every month/quarter.
Monthly/quarterly payments are also a good way for companies to try out PO software before they make a bigger investment. If the lessee decides that he does not want to continue using the software after the first month/quarter, he can stop making payments and cancel his subscription.
Benefits of this type of pricing plan include:
You can cancel your subscription at any time;
You can avoid a large upfront cost;
You can spread the cost out over time;
You can receive updates and new features more often
Why Prokuria is the best PO software for your business?
Prokuria is flexible, powerful, and affordable. You can start using our PO software right away. Try it free now by creating an account here. There is no credit card required to sign up!
Our PO software comes with all the features you need without any hidden costs or complicated pricing plans. Also, it's easy to use because of the simplicity of its layout. Prokuria comes with a modern design, in which you can manage orders in an intuitive way.
Unlike other software companies, with Prokuria you'll get all you need at a fair price. Plus, we offer a FREE trial period to help you find out how powerful and cost-effective our PO software solution is.
If you want a PO software that will make your work easier, faster, and more effective, then Prokuria is the best choice for you.
If you have any questions about our pricing plans, feel free to contact us. We can give a specific quote for your business based on your specific needs and we can show you how easy it is to start using our PO software!