Accounts payable automation software price fluctuates with various licensing models and careful evaluation is a must. You should always calculate to total cost of ownership (TCO) including software, support, implementation, training, solution hosting & administration, and cost of any third-party services.
Are you inspired by APA presentations and promises? Are ready for action? Don’t act too fast! The Total Cost of Ownership (TCO) is that what really matters. Before you make a buying decision, make sure you look at the total cost of ownership, not just the purchase price. This piece is meant to help you better understand the TCO of APA software.
Why is this important?
Knowing ownership costs over five-year period can help you make the best APA choice. Discussion of different APA licensing models were discussed in our previous blog post: software purchase; subscription; and, transactional. Please review so you can compare and prepare. Continue reading