Learn about actual and potential costs
How much should I pay for PCI Compliance Consulting?
What is the average price of PCI Compliance Consulting?
This procurement report includes pricing information to help you purchase PCI Compliance Consulting. 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 PCI Compliance Consulting 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 PCI Compliance Consulting 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 PCI Compliance Consulting?
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 PCI Compliance Consulting 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 PCI Compliance Consulting?
The level of market share concentration in the PCI compliance consulting market is low, with the top four vendors accounting for less than 30.0% of US market revenue combined. There are only an estimated 200 companies that operate in the PCI compliance consulting market. Consultants must be certified, and the... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
What are your primary metrics for internal quality measurement regarding timeliness? Is this data available to clients?
How often do you experience problems with the timeliness of service completion?
What checks and balances are in place to ensure work is done on time without sacrificing quality?
Is there a project manager responsible for maintaining the timeliness and budget for this project? Will I have access to this person?
How do you attract new clients and retain existing clients?
How does your firm maintain a competitive edge with other PCI compliance consulting firms of a similar size?
What is your client turnover rate? How long do your contracts last, on average?
What is your reputation among customers and peers, and how have you developed it?
By what methods do you stay informed about ongoing regulatory changes in regard to PCI compliance consulting?
How have you adjusted to new regulations in the market? How have additional compliance costs been handled?
Has your firm obtained all necessary licensing and permits as well as approvals and certifications from applicable associations?
What certifications does your staff have, and are there ongoing training sessions or continuing education requirements to ensure they are aware of the current regulatory environment?
“Sending out RFPs used to be a nightmare”
Let’s chat about how procurement market intelligence can reduce
the time you spend issuing RFPs.
Key elements for every RFP
What should my PCI Compliance Consulting RFP include?
Buyers should include the desired pricing model.
Vendors should include a pricing proposal that outlines the costs for each service requested by the buyer.
Vendors should describe how they calculate fees.
Buyers should evaluate the vendor's experience with projects of similar complexity and scope, as well as the qualifications of their staff.
Buyers should evaluate vendors based on their proposed costs.
Buyers should evaluate references from vendors' previous clients.
For other selection criteria requirements, buyers should reference the Buying-Decision Scorecard section of this report.
Buyers should include the date when proposals are due and any other relevant dates (e.g. presentations or final interviews) prior to the contract award.
Buyers should include the date when the contract begins and ends.
Evaluate major factors to mitigate risk
How risky is the PCI Compliance Consulting supply chain?
Providers of PCI compliance consulting services face a low overall risk of service disruption and sudden input price shocks. Vendors in this market do not depend on critical material inputs that threaten the availability of their services. Rather, suppliers primarily rely on readily available equipment and services such as computer... Subscribe to learn more.