“Your pricing is so much lower than competing products. What’s the catch?” Yeah, we get that a lot. Presumably the person we are speaking with has recently visited one of our competitors and is scratching her head about the difference in price. Can we really offer a complete, robust Applicant Tracking System for a low monthly fee, with no setup fee or contract?
Yes we can, and we do.
ApplicantStack is priced as Software as a Service (SaaS) because we believe SaaS is the fairest and most flexible form of software pricing. With SaaS, you pay a monthly subscription to use a software product, much like a utility bill. There’s no large up-front purchase and no commitment or contract. You pay based on your usage of the software, which you can upgrade or downgrade at any time.
We believe SaaS pricing is the most fair because it keeps us, the software provider, honest and “on our toes”. If we don’t keep our customers happy with reliable, robust software, we could lose them all overnight. If we don’t continue to innovate and develop new useful functionality, our customers can easily jump ship to a competing product. If that doesn’t motivate us to excellence I don’t know what will!
Heck, we even make it easy for our customers to leave us by providing a simple way to export your data and take it with you!
SaaS is also flexible in that it charges customers based on their actual use of the software. Larger companies who do more hiring and thus have more usage will pay more than a small company that is just hiring a few positions. By having usage determine price we are able to keep the entry price for the product low enough to be in the small organization’s budget, while still providing the capacity the large organization needs and is able to pay for.
Our original vision for ApplicantStack was to provide Applicant Tracking functionality at a fair, affordable price. Anybody who has looked around at HR software vendors will tell you that 95% of them are ridiculously expensive. Which is why we’re in the arguably enviable position of having to defend our low price to the people we talk with.
Which we are more than happy to do.
I have been the CEO of several companies both small and large and have used many different recruitment and candidate tracking systems. ApplicantStack is so much more featured than other products that are 10x the cost yet ApplicantStack is easy to learn and use.
