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Benchmarking

Demo 05 · Benchmarking & pricing · for Procurement · 4:23 · narrated by Brian
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The three answers on every deal: your discount, the peer range, where you rank.

What this demo covers

The tour walks the Benchmark Library window step by step on a typed Salesforce Core clouds deal at $1.16M a year over 36 months. Library finds the line, Read the contract sets out the facts the benchmark stands on, and Research brings the Negotiator's Guide. Benchmark answers in order: the offer at 54 percent off, peers at this size between 50 and 70 with a midpoint near 60, and a rank of Below market with $454K on the table. What if moves the ask and prices every term, Negotiate sets the asks against the January 31 year end, and Report has Vera write the negotiation brief from the sheet.

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Your free Vera AI trial opens the benchmarking database, the negotiation guides, and the tools this demo walks through, on your own agreements.

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Chapters

Transcript
Three questions

Three questions decide every deal. What it costs, what peers pay, and where you rank.

Library

Every vendor sits in the library, A to Z, Salesforce among them.

Read the contract

The contract step lists the facts behind the benchmark. None is on file, so the typed figures carry it, and a vendor quote can be uploaded here.

Research

Research opens the Negotiator's Guide. On Salesforce, the uplift clause is worth more than the discount, and it is negotiated far less often.

The answers

The answers. The offer sits at fifty four percent off. Peers at this size land between fifty and seventy, midpoint near sixty. Below market.

The curve and the map

The discount curve for this line, each reference deal placed by size and discount, flat or in three dimensions.

The ladder

The ladder prices the next rung. Two points reaches At market, worth one hundred fifty one thousand over the term.

Comparables

Comparable deals come ranked with yours among them, then the market at every size.

Bottom line

Sign at fifty four and you leave four hundred fifty four thousand on the table.

What if

What if lets you move the deal. Test an ask at sixty five and the rank climbs to Good, with every price below it following.

Sensitivity

Sensitivity prices each figure at every term. Press the midpoint at thirty six months, worth four hundred eighty six thousand, and the deal moves to it.

What it should cost

Every position on one scale, and what each should cost. The target at sixty five runs eight hundred eighty two thousand a year.

Negotiate

Negotiate opens on the vendor's year. Salesforce closes it on the thirty first of January, your window.

The asks

The asks you take into the room are yours to select, and every one you keep travels into the brief.

The analyst

Talk it through with Camille, an AI negotiator for this vendor, or ask a human analyst to check it.

Report

Report is where Vera writes the brief. Choose who reads it, executive, procurement or board, and the position to argue, floor, target or stretch. Press Write the brief, and she works from the figures on the sheet.

Filed

Three minutes later the brief is filed, ready in Word and PDF.

The brief

Open it in Vera. The position, the target at sixty five and why it holds, the ladder for the room, and what each position costs. The target saves eight hundred thirty two thousand against the offer.

Wrap

Your discount, the peer range, your rank.