Now that SP offers the Gutenberg Publishing System® with month to month, one and two year subscriptions, we thought it would be timely to review the advantages of subscribing to software. Also If you’re finding your software needs fluctuating from project to project, or are concerned about the steeper upfront costs of licensing software, subscribing to software may be a better solution for you. Consider these five reasons why subscribing rather than purchasing software can make business sense:
Lower Upfront Costs
Typically, purchasing software can require an upfront investment, which can be particularly challenging and expensive. A software subscription, on the other hand, allows immediate access to software for much less money compared to perpetual licenses.
Flexible Payment Options
Many businesses are often project focused. A month to month subscription provides more payment flexibility to access software solely for the duration of a project. In other words, you have the flexibility to pay for software when you need to use it and not pay for it when you don’t. Subscribing makes it easy to scale software access with the needs of your projects by allowing you to add or subtract licenses/seats on a temporary basis.
Capital vs Operating Expense
Related to #2 above, subscribing to software puts you in a much better position to pass on the cost of software access to clients by rolling it into your project estimate. In this way, you’d simply be treating software access as an operating expense rather than a capital expense. Where as purchasing software is rarely include in project costs and classified as a capital expense, which requires more effort to get approved.
One of the benefits of renting software is that you typically get access to the latest versions without having to pay additional upgrade costs. Depending on the cost and frequency of upgrades, renting software could even represent longer-term savings for small businesses.
Additional Support and Services
Software vendors often have basic support plans in place for software purchasers. With subscription plans, however, software providers tend to up include additional support and services not included with their licensed software sales. A good example is hosting and serving software which be an additional expense if you purchased your software where as it is usually included as part of a subscription.