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Pricing and contracts

Total cost of ownership

Also called TCO, First-year cost

Definition

Everything a CRM costs over a period: seats, required fees, add-ons, usage, integrations and the time to run it.

Total cost of ownership explained

First-year cost is the most useful comparison: twelve months of seats on the plan you'd actually need, plus onboarding and any must-have add-ons. Over several years, admin time and integration upkeep matter too.

A $9 CRM that needs a $1,500 onboarding fee and a higher tier for one feature can cost more than a $30 CRM that includes everything.

Where Total cost of ownership comes up

Also referenced in: Seat minimum · Paid add-on · Free plan · Requirements brief · Implementation partner

All 64 terms