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Procurement Market Intelligence Report

ACA Compliance Software Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for ACA Compliance Software?

What is the average price of ACA Compliance Software?

This procurement report includes pricing information to help you purchase ACA Compliance Software. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.

Has the price of ACA Compliance Software been rising or falling?

Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.

I’m not ready to purchase ACA Compliance Software yet. Will I pay more if I wait too long?

We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.

What other costs are associated with purchasing ACA Compliance Software?

Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for ACA Compliance Software with a reduced risk of unexpected costs.

See how we display average pricing information, trends and market data.

Find the vendor to meet your needs

Where can I purchase ACA Compliance Software?

Market share concentration for ACA compliance software suppliers is low, primarily because the market is new and players are still developing their customer bases. There are an estimated 90 ACA compliance software suppliers in the US market. The largest vendors (ADP, Thomson Reuters, Kronos and Infinisource) account for less than... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Market Competition

How do you win and retain business?

How does your software differ from those offered by your competitors?

How is your company responding to increased demand for ACA compliance software?

How does the low concentration of the market affect your business practices?

Communication Practices

What type of training do you provide for users of your software?

What types of ongoing support do you offer to your software clients?

How frequently do you communicate unsolicited with clients and through what mediums?

What methods of contact do you have available in case I have any concerns or questions?

Supplier Risk

How does your company drive sales when the economy is growing?

What proportion of your revenue comes from sales of ACA compliance software?

How does your company respond to changes in rules dictated by the ACA?

Would the bankruptcy or revenue volatility of any of your key clients or suppliers adversely affect your operations?

How is your company's supply chain arranged? What methods do you use to minimize potential disruptions in your services due to supply chain risk?

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Key elements for every RFP

What should my ACA Compliance Software RFP include?

Project Budget

Buyers should specify their budget for the software.

Buyers can reference the Benchmark Price and Total Cost of Ownership sections of this report for assistance in creating a budget.

Selection Criteria

Buyers should evaluate potential suppliers based on their ability to meet the functional and technical requirements described in the RFP.

Buyers should evaluate potential suppliers based on their ability to provide a superior level of customer service, as evidenced by client references.

Buyers should evaluate potential suppliers based on their ability to provide regular enhancements and upgrades.

For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.

Project Schedule

Buyers need to include the date when proposals are due and when the award will be announced.

If on-site assistance is required, buyers should include the date by which it should be completed.

Buyers should outline the terms of the contract and cancelation policy.

Evaluate major factors to mitigate risk

How risky is the ACA Compliance Software supply chain?

Vendors in this market require a variety of goods and services to help support their operations, including computers, consulting services and data processing services. Fortunately for buyers, they face a low level of risk from the compliance software supply chain. Low supply chain risk creates financial and budgeting stability for... Subscribe to learn more.

HIGH

MEDIUM

LOW