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Procurement Market Intelligence Report

Incentive Management Software Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Incentive Management Software?

What is the average price of Incentive Management Software?

This procurement report includes pricing information to help you purchase Incentive Management 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 Incentive Management 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 Incentive Management 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 Incentive Management 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 Incentive Management 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 Incentive Management Software?

Market share concentration in the incentive management software market is low, with the top four suppliers making up less than 30.0% of total revenue. There are about 100 suppliers in the market, including both large diversified software publishers and small startups. Incentive management software is a fairly new product and... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Scalability

How quickly can you add new users to the software?

Can users in different locations be added to my account?

What is the maximum number of salespeople that your software can manage?

How do subscription costs change as more users are added?

Security

What servers do you use to host your software and data?

What authentication or security options do you use to prevent unauthorized access?

Has your data ever been breached, and how was this resolved?

Does your system offer the ability to restrict access for certain users?

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Key elements for every RFP

What should my Incentive Management Software RFP include?

Project Budget

Buyers should specify the total budget for their software purchase.

Buyers should include details about per-user spending expectations and limitations.

Buyers should request detailed information about software delivery methods and costs.

Selection Criteria

Buyers should look for providers that can offer software that meets the specifications outlined in the RFP.

Buyers should give preference to providers that can meet their budget requirements.

Buyers should look for suppliers that have a reputation for providing reliable and effective software.

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.

Buyers should indicate the date by which the software needs to be installed.

Buyers should indicate how they want the software delivered or installed.

Evaluate major factors to mitigate risk

How risky is the Incentive Management Software supply chain?

Incentive management software providers do not depend on any critical inputs to ensure the production and delivery of their service, resulting in a low level of supply chain risk. Rather, the greatest risk for providers comes from the need to hire and retain qualified programmers. Hiring qualified staff can be... Subscribe to learn more.

HIGH

MEDIUM

LOW