The pricing model of every vendor may vary widely. If you’re unsure which is best for your business, compare the different pricing models vendors use.
Generally, many vendors offer subscription types. Others require you to pay flat fees, while some require fees per user. Usually, it depends on the hosting model. For example, if the software offers cloud-based solutions, the pricing model might be based on the users every month. For server-based tools, flat fees are much more common.
To further explain, here are the usual pricing models for project management software:
- Payment Per Year Or Month
No matter your budget, you should review whether or not you prefer to pay every month or year. Some vendors tend to offer discounts once you opt for a yearly payment. So, if you want to enjoy savings from using a project management tool, the annual payment is never a bad idea.
- Fee Per User Profile
Many vendors also consider the different employees that companies might have. For instance, some businesses will probably use most, if not all, of the project management software’s features. Others might only need to track their time and see their tasks. Due to this, paying a fee per user profile is more cost-effective than paying monthly or yearly.
- Consider Integrations
As a project manager, you might be already using multiple tools. With that in mind, you should look for project management software that easily integrates all your tools.
The right project management solution for your business may vary depending on your niche or industry. For instance, if you’re a digital marketing agency with several teams, you may need a tool that integrates smoothly with your current digital marketing solutions.
