Recession can be good for tech buyers
May 13, 2009 by Sam NarisiPosted in: HRIS software, Latest News & Views
As cutbacks become more common at many companies, others are finding they can get more for less.
The recession can be good for companies in the market for new technology, experts say. Many vendors are hurting, which may makes easier to negotiate pricing on new contracts.
With new customers few and far between, providers could be willing to drop prices. In addition to the costs of software licenses, deals can also be had when negotiating installation, training and maintenance costs.
The bottom line: Companies looking to spend are in the driver’s seat. Many experts say companies should buy now, if they can — especially in the case of products that improve efficiency and will cut costs down the road.
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