OneTrust
OneTrust Pricing
OneTrust pricing is dictated by various factors, primarily revolving around the volume of usage in an organization. The company offers over 30+ SKUs, each uniquely priced based on the specific needs and usage of the client. In general, it can be expected that pricing falls within specified contract ranges. For an organization with a headcount of 200, pricing ranges from $12,400 to $24,900, headcount of 1000 may vary from $10,800 to $25,500, and for businesses with headcount exceeding 1001, the pricing range is between $22,500 and $54,900.
However, it is crucial to note that OneTrust's pricing strategy is dynamic and complex. It is not uncommon for customers to experience uplifts in pricing tiers and additional costs for extra features. The company also offers a wide variety of products, each with its own potentially confusing order form. Furthermore, OneTrust occasionally provides free credits or service months and offers incremental discounting for each product purchased. For the most optimized and cost-effective selection, engaging consultation services like Vendr can prove to be useful.
OneTrust Negotiation Insights
Discount Levers
One key discount lever to bear in mind when negotiating your OneTrust contract is the size of your customer base. Often, suppliers may be willing to offer volume-based discounts. This means the more users you have, the greater your opportunity to negotiate for discounts.
Commercial Items
One significant commercial item in a OneTrust contract is the "auto-renewal clause". This clause states that your contract with OneTrust will automatically renew for a predefined period, typically the same length as the original term, unless you provide written notice of your intent not to renew within a specific time frame.
To get more discount levers and commercial items to consider when negotiating your OneTrust contracts, sign up for a free forever Vendr account. With Vendr, you get access to over 15 negotiation insights for OneTrust.
Community Insights for OneTrust
Gathering insights from the community can be incredibly valuable when considering a SaaS product like OneTrust. Here are the two most recent insights shared by our community members:
- "OneTrust tried to implement a very large uplift initially. In the end with further pushback we were able to move forward with a ~36% discount on our renewal." - Community Insight was posted recently.
- "OneTrust originally proposed a ~59.1% uplift for a flat renewal citing price increases across the board. We leveraged budget constraints and growth of the contract in the prior term to lower the uplift to ~8.6% for a 12-month renewal." - Community Insight was posted recently.
We encourage you to sign up for a free forever Vendr account to access the rest of the insights. Currently, there are multiple insights available for OneTrust. By joining Vendr, you'll also gain additional insights such as the estimated time to implement OneTrust, what to expect for your renewal, and other discount levers that can be implemented if you're stuck during the negotiation process.
OneTrust Overview
OneTrust is a premier privacy management software designed to aid businesses in maintaining compliance with data privacy laws and regulations. This robust platform hosts a suite of features including data mapping and vendor risk management. Its capabilities are geared toward developing businesses seeking to bolster their compliancy capacities.
OneTrust Pro, an offshoot of the OneTrust platform, is specially designed for growing businesses. It provides incisive solutions for businesses working to meet a wide variety of regulations. Its architecture enables organizations to seamlessly integrate and manage data pertaining to privacy, security, and third-party risk. The inclusion of a cookie consent feature ensures that websites meet the requisite international cookie laws and guidelines.
OneTrust also offers the Incident Management platform, an expansive security incident management module. This feature provides a streamlined approach to managing IT security incident investigations and documentations. This aids organizations in keeping their IT landscape protected and in maintaining a consistent level of operational efficiency.
Compliance and Security
As a foremost privacy management software, OneTrust is equipped with comprehensive Compliance and Security features. This ensures adherence to the essential GDPR and SOC2 regulations. Being cognizant of the importance of secure access, OneTrust incorporates Multi-Factor Authentication (MFA) and Single Sign-On (SSO) capabilities, enhancing the platform’s protective framework and ensuring the accessibility is both flexible and secure.
Furthermore, OneTrust is distinctly geared towards maintaining rigorous adherence to Personal Identifiable Information (PII) and Data Protection Act (DPA) regulations. This enables businesses to confidently use the platform, knowing that the stringent data privacy standards are met and compliant with international laws.
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