Forescribe Glossary
What is Subscription Benchmark Index?
The Subscription Benchmark Index compares an organization's subscription pricing against industry standards, providing insights into whether pricing is competitive or inflated.
Why it Matters
It allows businesses to negotiate better pricing with vendors, ensuring they're paying a fair market rate for their subscriptions.
Benefits
- Compares subscription pricing
- Identifies pricing discrepancies
- Improves vendor negotiations
- Ensures cost efficiency
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