Lucid Software
Lucidchart Pricing
Based on recent market data, Lucid Software offers dynamic pricing which varies greatly depending on the user count and contract length. Users who have been able to negotiate effectively, invoking budget constraints and competition, have managed to secure discounts of up to 31% off list price for 12-month renewals involving around two hundred users.
A popular approach to getting a lucrative deal is to sign a two-year contract while increasing the user count, a strategy that has resulted in a 10% discount on previously contracted costs. Another notable pricing insight is the potential for a 10% discount by holding firm on budget parameters. However, bear in mind that bundling Lucid Chart and Lucid Spark can attract increased costs.
Lucidchart Negotiation Insights
While negotiating for Lucidchart, one effective discount lever you can use is to hold firm on your budget or leverage license growth in a two-year agreement. This strategy often results in obtaining discounts from the vendor.
In terms of commercial items, it's wise to push back on significant price increases that may be caused by combining different tools. This can help maintain the cost-effectiveness of your contract.
To access 3 more discount levers and commercial items to apply in your Lucid Software contract negotiations, sign up for a free forever Vendr account.
Community Insights for Lucid Software
Gathering insights from the community can be incredibly valuable when considering a SaaS product like Lucid Software. Here are the two most recent insights shared by our community members:
- "We were being charged list price of $219 per seat even though we were open to a multi-year. We leveraged competition (Miro specifically) and budget restrictions in order to get 15% off our renewal for 2 years." - Community Insight was posted 1 month ago.
- "Lucid enforced a 21% increase in pricing this year compared to our last renewal." - Community Insight was posted 1 month ago.
These insights reflect the experiences of actual users and can provide a realistic perspective on what to expect during negotiations. For more detailed insights, including estimated time to implement Lucid Software, what to expect for your renewal, and other discount levers that can be implemented if you're stuck during the negotiation process, we encourage you to sign up for a free forever Vendr account. With a free account, you'll gain access to a wealth of knowledge, including a total of 14 community insights available for Lucid Software.
Lucid Software Overview
Lucid Software is a renowned IT and security company specializing in team collaboration. With a strong focus on visual representation, they empower teams around the world to communicate their ideas more effectively. The company's offerings are well-suited for organizations with an average size of 2600. They proudly maintain a retention rate of 66.67%, a testament to their reliable services and satisfied clientele.
Lucid Software is legally registered as Lucid Software Inc. While they currently do not offer their services through Vendr Verified, their position in the market is well-established, and their reputation is commendable.
Compliance and Security
Lucid Software adheres to a variety of compliance and security standards to ensure your data's safety. They are fully compliant with the General Data Protection Regulation (GDPR) and Service Organization Control 2 (SOC2). Their commitment to these rigorous standards ensures reliable protection of your sensitive data.
Beyond the basic compliance requirements, Lucid Software also employs advanced security measures including Multi-Factor Authentication (MFA) and Single Sign-On (SSO) capabilities. These features provide an additional layer of security, defending against unauthorized access.
The commitment to data privacy and security doesn't stop there. Lucid Software meets the regulations set by the Data Protection Act (DPA), ensuring the privacy and the integrity of personal data. Furthermore, they align with Personally Identifiable Information (PII) regulations, all in alliance to protect your vital information.
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