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Relyance AI

A SaaS platform offering AI-powered data governance, privacy, and compliance solutions, helping businesses manage data flow, risk, and regulatory obligations effectively.

|Visit relyance.ai

How much does Relyance AI cost?

When negotiating with Relyance AI, it's essential to emphasize the value proposition of AI-powered data governance and compliance solutions, which align with rising regulatory demands. Position your organization as a unique purchaser, leveraging your understanding of their offerings to negotiate favorable terms. Given the average contract value of approximately $105,240, you can reference this figure to make a strong case for discounts or added services.Considering Relyance AI's total savings of $7,500 from previous negotiations, you should use this as a benchmark when discussing pricing. The proposed price of $323,221 suggests room for negotiation; aim for a target price that reflects previous savings and competitive pricing from similar providers. Additionally, their previous transaction count demonstrates a degree of flexibility, so don't hesitate to explore options such as longer contract durations for better rates or bundled services.
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How does Relyance AI price and package their products?
View pricing on Relyance AI's website
Product: 
Not Specified
Not AvailablePayment TermsNot AvailablePopular FeaturesFull visibility and proactive data protection.

Negotiating with Relyance AI

Negotiation Tips

This tactic involves presenting competitors as a viable alternative during the negotiation process. It's most effective when you can express that another supplier is quoting a significantly lower price for similar functionality. By highlighting this, you create pressure on Relyance AI to match or provide better terms. The key is to emphasize that while you prefer Relyance AI, financial constraints are forcing you to explore competitive options.
Emphasizing the need to remove auto-renewal terms can significantly improve your negotiating power. Suppliers are often willing to accommodate this request in order to secure your business, as it provides you with enhanced flexibility in managing your budget and prevents unexpected costs. Make it clear that your finance team has imposed this as a requirement for any new purchases.
This tactic involves negotiating for the removal of any proposed uplift in the pricing. You can argue that given your expected volume and utilization, there should be no increase in price to maintain a stable pricing structure year-over-year. It's effective to anchor your request based on past agreements where no uplift was discussed.
Offering to act as a reference or participate in case studies can be a fruitful negotiation tactic. This serves as a value-add for Relyance AI, especially if effective marketing is important to them. In exchange, you should negotiate for a better pricing structure which reflects this commitment.
If a discount has been previously mentioned but labeled as a one-time offer, pushing back on this characterization and insisting that it should be extended could yield cost reductions. Reinforce that your finance department has allocated a specific budget that relies on this pricing adjustment, ensuring that your requests stay aligned with organizational constraints.

Considerations when buying Relyance AI

OwnershipPrivate
Fiscal year endDecember 31
Best months to buyOctober, November, December
Payment TermsNet 30, Net 60
Upgrades/downgradesYes, Relyance AI offers both upgrades and downgrades for its services, making it easy for users to adjust their resources as their needs change.
Redline thresholdRedline threshold estimate is $100k.

Additional Info

What is Relyance AI?

A SaaS platform offering AI-powered data governance, privacy, and compliance solutions, helping businesses manage data flow, risk, and regulatory obligations effectively.
Relyance AI's 1 Product
Relyance AI
Full visibility and proactive data protection. Know how data moves through your code base, infrastructure, and third-party vendors. Learn more.

Security and compliance

DPA available
SOC2 attestation
Annual penetration tests
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