What is Shareworks?

Shareworks by Morgan Stanley is a comprehensive suite of services and equity plan management software designed to help companies build and manage employee stock purchase plans. It offers robust tools and resources to streamline equity administration, ensuring a seamless experience for both administrators and employees.

How much does Shareworks software cost?

Based on Vendr’s internal transaction data for Shareworks, the minimum price varies based on a company's specific needs. However, the maximum price for Shareworks software can reach up to $306,000. Our data reveals that the average cost for Shareworks software is about $41,000 annually.

Shareworks Product Descriptions

Solium

For equity plan managers everywhere, peace of mind is here with Solium, offering comprehensive solutions for managing equity plans efficiently.

Other products include additional tools and services designed to enhance your equity management experience.

Vendr community insights for Shareworks

Here are some recent insights from our community regarding Shareworks:

• "We were able to save over $50k on a new purchase by committing to a 60-month term and setting hard budgetary targets."
• "This auto renewed with a 3% price increase. I recommend starting the renewal process early so you have room to negotiate."

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

Vendr customers typically achieve a lower price than what is listed on the Shareworks official website. On average, our customers save around 24%, which translates to an average dollar savings of approximately $4,000. By leveraging our extensive experience and data, we help you secure the best possible price for Shareworks software.

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

Vendr uses insights from more than 30 unique purchasers and over 45 completed deals to help users get the lowest price on Shareworks software. We employ several tactics to secure the lowest possible price for our customers:

• Economies of Scale: By bundling purchases, we achieve cost savings.
• Expected Growth: We leverage your company's growth projections to negotiate better terms.
• End-of-Quarter Signatures: Timing purchases at the end of a supplier's quarter can yield better deals.
• Multi-Year Commitments: Longer commitments often result in lower prices.
• Case Study References: Providing case studies can sometimes result in price reductions.
• Quick Sales Process Signatures: Speeding up the sales process can lead to additional savings.

By utilizing these strategies, Vendr ensures you get the lowest price on Shareworks software. Create a free Vendr account to start saving today.

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

Vendr's Premium Intelligence provides deeper community insights, pricing benchmarks, contract analysis, stack savings review, and SaaS experts on demand, empowering your procurement team with enterprise purchasing power. Here’s how:

• Pricing Benchmarks: Compare your pricing against industry standards.
• Community Insights: Access real-world experiences and savings tips from other users.
• Stack Savings Review: Optimize your software stack for maximum efficiency and cost-effectiveness.
• Contract Analysis: Get expert reviews of your contracts to identify potential savings.
• SaaS Experts on Demand: Consult with our experts to navigate complex purchasing decisions.

Why do Department Heads prefer purchasing Shareworks through Vendr?

Vendr eliminates unnecessary sales calls, outdated channel partners, and long sales cycles. This results in:

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

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