How Rezo.AI Cleared 75 Lakhs in Microsoft Azure Invoice While Optimizing Their Capital via SaaSPay

About Rezo.ai

Rezo.ai is an autonomous platform that specializes in contact center operations with its advanced AI-powered solutions. They help enterprises simplify their customer interactions, enhance agent performance, and optimize business functions.

Founded: 2018

Headquarters: Noida, India

Company size: 147 employees (via LinkedIn)

Total Funding: $282k (via tracxn)

Annual Subscriptions Come with Great Perks but There’s Something Hidden Between the Lines

The attractive deals on yearly subscriptions come with a little surprise. Procuring SaaS tools creates a huge dent in the working capital for customers. These tech expenses lead to unnecessary overheads that could’ve been easily avoided.

Rezo’s story of purchasing SaaS tools was no different.

Upfront Payment Mandate

Rezo.AI was in search of a platform that could help them optimize and deploy their AI-powered autonomous agents and RPA bots. They didn’t have to think twice about the solution - Microsoft Azure was the best fit for their use case. But the payment wasn't as simple as they thought it would be.

Upfront payments became a big roadblock for them in their capital management process. The giant bill of Rs 75 Lakhs for the annual plan was something that held them back from purchasing it.

Capital Blocked by Tech Expenses & Disturbed Cash Flow

Paying for the subscription upfront would lead to a major chunk of capital stuck in tech expenses which could have been used for other purposes.

With significant capital getting used up in purchasing annual SaaS subscriptions, Rezo realized how this would impact their monthly budget allocation and disturb their overheads as a big financial expense.

Rezo Needed a Solution to Get the Best Deal via Payment Flexibility

The only thing that Rezo.ai wanted was to invest in the annual subscription plan in a way that doesn’t impact the financial health of the company. And so, they turned to SaaSPay’s BNPL for help.

1. No more upfront payments

Rezo was finally able to purchase Azure’s annual plan and settle the entire invoice without paying for it upfront. This was possible with the help of SaaSPay’s Buy Now Pay Later which allowed them to pay the entire invoice value in a monthly cycle.

With SaaSPay, they got to experience the ease and convenience of flexible payments, and at the same time protect the financial health of the company.

2. Improved capital productivity and better cash flow

They didn’t want to take the risk of loosing a major portion of the capital locked up in SaaS tools purchases.

With the monthly payment flexibility, Rezo buys a SaaS tool today, starts using it, and postpones its tech expenses without straining its cash flow. They are able to reallocate their budget towards other strategic business goals for revenue growth.

Rezo.AI saves significant capital while procuring SaaS tools from the AWS marketplace today. The difference lies in the way they approach SaaS investments. Had they stuck to the traditional lump sum payment method of purchasing software, they would have exhausted their whole budget in tech expenses. With this new little shift in their buying journey, Rezo achieves more benefits with less funds.

Learn how SaaSPay helps in eliminating upfront payment expenses, and book a call with us.