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Veeva Systems

Veeva Systems

Veeva Systems - Cloud-Based Business Solutions for the Global Life Sciences Industry

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How much does Veeva Systems cost?

Median contract value
$211,872
per year
Based on data from 5 purchases.
Median: $211,872
$113,755
$501,612
LowHigh
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AI Quote Analysis

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How does Veeva Systems price and package their products?
View pricing on Veeva Systems's website
Select a product to view Veeva Systems pricing
N/A
N/APricing ModelNot disclosedBillingNot disclosedTerm LengthNot disclosedPopular FeaturesMultichannel engagement, streamlined regulatory processesAdd-OnseTMF Active Site, eTMF Archive Site, LearnGxP, Quality Base, Vault Training - Admin License, Vault Training - Learner License, Vault Training External User, QualityDocs External User, QualityDocs Full User, Submissions Archive Full User, Submissions Full User, Submissions Read Only User, QualityDocs Read Only User, Submissions External User

Negotiating with Veeva Systems

Negotiation Tips

Leverage competitive pricing from other suppliers to negotiate better terms with Veeva. Present that other suppliers can offer similar functionalities at a lower cost to encourage Veeva to match or offer discounts.
Negotiate to remove auto-renewal clauses from the contract. This is essential for maintaining flexibility in future negotiations and ensuring you are not locked into terms that may not be favorable.
If there's an annual uplift included, push back against it by explaining current budget constraints and using examples of how your usage hasn’t drastically increased, seek to have it waived to maintain previous pricing.
As your needs increase, emphasize the importance of economies of scale to negotiate lower rates per user as your licenses grow. Veeva should provide more attractive pricing due to the volume increase.
Offer to participate in marketing references or case studies as a way to negotiate price concessions. This adds value to Veeva and may lead to savings or more favorable terms.

Considerations when buying Veeva Systems

OwnershipPublicly traded company
Fiscal year endJanuary
Best months to buyFebruary, March, December
Payment TermsNet 30, Net 60
Upgrades/downgradesYes, Veeva Systems 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 Veeva Systems?

Veeva Systems - Cloud-Based Business Solutions for the Global Life Sciences Industry
Veeva Systems's 4 Product
Veeva CRM Suite
The Veeva CRM Suite is a comprehensive multichannel customer relationship management system designed for various industries including Life Sciences, MedTech, and Consumer Packaged Goods. It offers seamless engagement across channels, events management, field planning, master data management, compliant content at scale, and robust marketing analytics.
Veeva Medical Suite
Veeva Systems Inc. is a leader in cloud-based software for the global life sciences industry. Committed to innovation, product excellence, and customer success, Veeva has more than 750 customers, ranging from the world's largest pharmaceutical companie...
Veeva Vault QMS
Vault QMS is a system designed to manage life sciences-specific quality processes. It provides best practices for handling quality processes such as deviations, audits, and change control.

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