Introducing competition can leverage better pricing. Ensure you present competitors who offer similar functionalities and pricing as a negotiation tactic. Communicate the costs you've received from these competitors clearly to add pressure for InvGate to match or improve their offer.
Negotiate to waive any overage fees by indicating that you have a growing operational demand for resources. Emphasize that your company expects clear forecasts of usage to avoid unknown charges. Offer to renew early if they can waive overager fees to enhance your trust in long-term usage.
Request that any auto-renewals be removed to maintain flexibility in future negotiations. This gives your team control over future costs and gives you leverage to discuss pricing changes proactively as your needs evolve.
Use your willingness to act as a reference or participate in case studies as a lever. This can demonstrate your commitment to promoting InvGate and in return, request a discount or more favorable terms in your agreement. It helps establish a partnership vibe.
Challenge any proposed uplift in pricing based on your expected growth. Reference other suppliers who might offer better terms without uplift, making it clear that your growth should reward you with lower unit prices instead.