WBSRocks: Business Growth with Enterprise Software and Digital Transformation
WBSRocks podcast features in-depth conversations on customer experience, digital transformation, supply chain, eCommerce, industry 4.0, and enterprise software categories such as CRM, ERP, or analytics suites. The purpose of the show is to help CFOs, COOs, CEOs, and business owners with their daily commercial, operational, or financial challenges by taking a deep dive into business cases and processes, technology strategy and architecture, transformation initiatives, and business models. The show also offers an independent analysis of technology trends, various enterprise software vendors and solutions, and their mergers and acquisitions. Subscribe today to stay on top of digital transformation trends!
WBSRocks: Business Growth with Enterprise Software and Digital Transformation
WBSP131: Grow Your Business by Understanding the Nuances Associated With Software Licensing and Pricing, a Live Interview w/ a Panel of Experts
To understand the total cost of ownership of software, one of the critical pieces that you need to understand would be the software license and pricing. There are several nuances of the licensing model with several variables that could impact your total costs. The licensing and pricing nuances could be as simple as whether you are buying a single-user or multi-user license, or it could be as complex as whether you would still be paying for your license if the user leaves the company.
In today's episode, we invited a panel of cross-functional experts for a live interview on LinkedIn who brings significant expertise in selling and procuring software packages to discuss software licensing/pricing. We also discussed several variables that executives need to review to understand their implications and how that would impact the total price. Finally, we discussed the difference between named vs. concurrent licenses and the nuances of consumption-based pricing.
For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.