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NAVEX Pricing

Understanding the cost of NAVEX is straightforward, with options designed to accommodate various business sizes and needs. For smaller teams, NAVEX offers a Tier Base plan at $500 per month when billed annually. This plan is an excellent entry point for organizations seeking to leverage NAVEX's capabilities without a significant upfront investment. As businesses grow and their requirements become more complex, NAVEX provides a Tier Growth plan at $1,000 per month, also billed annually. This plan caters to organizations with expanding compliance and risk management needs.

For larger enterprises or those with unique requirements, NAVEX extends customized solutions through its Startup and Customized plans. Pricing for these tiers is not listed and requires direct engagement with NAVEX's sales team to tailor the service to the specific needs of the organization. The structured pricing tiers ensure that companies of all sizes can find a suitable entry point with NAVEX, while the option to contact sales for tailored plans offers flexibility for more complex or specific demands.

NAVEX Negotiation Insights

When it comes to negotiating your NAVEX contract, it's essential to understand the levers you can pull to ensure you're getting the best possible deal. Here's a sneak peek at what you can expect inside the Vendr platform:

Discount Lever: Expected Growth Economies of Scale

If you're anticipating significant growth in your usage of NAVEX, make sure to discuss this with your sales rep. Companies often have flexibility to offer better pricing for customers who are scaling up their usage.

Commercial Item: Payment Term Flexibility

Negotiating the payment terms can be a strategic way to align the costs with your budget cycles or cash flow. NAVEX may be open to adjusting payment schedules to accommodate your financial planning.

For more discount levers and commercial strings to pull when negotiating your NAVEX contracts, we encourage you to sign up for a Vendr free trial account. Inside, you'll find a wealth of negotiation insights—Vendr has a total of [insert number of total negotiation insights available for NAVEX] insights available for NAVEX to help you navigate your procurement process with confidence.

Community Insights for NAVEX

While we don't have a plethora of insights for NAVEX specifically, our community has shared some valuable experiences that could guide your decision-making process. Here are the two most recent insights from our users:

  1. "We were able to retain our ~35% first year discount at our first renewal by citing budget constraints, the impact of the economic environment, and a great relationship in year 1 after they planned to remove the entire discount." - Community Insight was posted 4 months ago.
  2. "Navattic lowered their initial proposal on our new purchase by 17% when we cited budget constraints from our finance approvers." - Community Insight was posted 4 months ago.

For a deeper dive into the world of NAVEX and to uncover more insights, we encourage you to sign up for a free forever Vendr account. By joining our community, you'll gain access to a wealth of knowledge, including the estimated time to implement NAVEX, what to expect for your renewal, and other discount levers that can be implemented if you're stuck during the negotiation process. Currently, there are a number of community insights available for NAVEX, and with a free account, you can tap into all of them to make an informed decision.

NAVEX Competitors

When it comes to navigating the complex waters of compliance and risk management software, NAVEX is a well-known name. However, it's always wise to have a comprehensive view of the landscape. Below, we've outlined some of the key players that stand as alternatives to NAVEX. Remember, while we aim to provide you with a balanced overview, nothing beats personalized insights. We encourage you to sign up for a free forever Vendr account to access suppliers in the same category and find the solution that fits your unique needs.

CourtLink®: LexisNexis

CourtLink® by LexisNexis offers a suite of data analytics products and databases, including legal research and consumer information tools. With a focus on legal research, they are a competitor to NAVEX in the realm of compliance and risk management.

  • Legal Name: RELX Inc.
  • Vestimate Market Share: Low
  • Compliance: GDPR, SSO, SOC2, MFA, ISO27001, PII, DPA
  • Not available in/through Vendr+

Navattic

Navattic specializes in demo creation software, helping teams create interactive demos that engage and convert. While not a direct competitor in compliance software, their sales enablement tools offer a different approach to managing business risks.

  • Legal Name: Navattic Inc
  • Vestimate Market Share: Medium
  • Vestimate Time to Close: 33 days
  • Vestimate Avg Savings: 1.1%
  • Avg Customer Size: 350
  • Category Score: Leader
  • Retention: 60
  • Compliance: GDPR, SOC2, PII, DPA
  • Not available in/through Vendr+

Frequent Competitors

NAVEX also frequently competes with a range of products in the travel, expense, and corporate card management space. While these may not be direct competitors in compliance, they offer ancillary services that overlap with NAVEX's offerings:

  • Expensify
  • Concur
  • TravelPerk
  • Brex
  • Deel
  • Gusto
  • Egencia

Each of these competitors brings something unique to the table, and it's important to consider your organization's specific needs when evaluating them against NAVEX.

Remember, the right choice for your organization is out there, and we're here to help you find it. Don't hesitate to sign up for a free Vendr account to unlock a treasure trove of insights and make an informed decision.

NAVEX Overview

NAVEX is a comprehensive platform designed to streamline governance, risk management, and compliance processes for organizations of all sizes. With a focus on creating a culture of ethics and integrity, NAVEX offers a suite of tools that enable businesses to effectively manage their compliance programs, conduct internal investigations, and provide training to employees. The platform's robust functionality is tailored to help organizations navigate the complex landscape of regulatory requirements, ensuring that they stay ahead of potential risks and maintain a strong ethical foundation.

Compliance and Security

NAVEX is committed to upholding the highest standards of data security and regulatory compliance. The platform is equipped with robust security measures, including Multi-Factor Authentication (MFA) and Single Sign-On (SSO) capabilities, to ensure that sensitive information is protected against unauthorized access. NAVEX's adherence to General Data Protection Regulation (GDPR) and Service Organization Control 2 (SOC2) demonstrates its dedication to safeguarding personal data and maintaining a secure operating environment.

Furthermore, NAVEX recognizes the importance of protecting Personally Identifiable Information (PII) and is compliant with Data Protection Agreement (DPA) regulations. This commitment to privacy and security is at the core of NAVEX's operations, providing users with the confidence that their data is handled with the utmost care and in accordance with the latest compliance standards.

Vendr users typically save $662 when purchasing NAVEX
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NAVEX by the numbers

Negotiations handled:
6
Unique purchasers:
16
Average contract value:
$22093
Average savings:
0.1%

NAVEX pricing: frequently asked questions

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