While AWS cloud services are a default choice for hundreds of businesses for their unique capabilities and its payment flexibility, it's their discount program that makes most CFOs curious. The Enterprise Discount Program (EDP) emerges as the hero for high-volume, long-term spenders. But wait, there's more to this story.

Just think about being eligible for AWS EDP without paying upfront for the long-term commitment you make. SaaSPay is making it possible with its Net90 and Flexipay Buy Now, Pay Later (BNPL) options. Let’s dive deep to know more about AWS EDP and SaaSPay's BNPL, uncovering the secrets to maximizing cost savings and financial flexibility.

Understanding AWS Cloud Services & the Enterprise Discount Program

AWS Native is the home ground of cloud services for businesses of all kinds. It's where innovation thrives, and solutions meet demands. Following its motto of customer-centricity, AWS offers an enterprise discount program:

Epitome of cost savings: The longer you commit to the AWS cloud services, the bigger discounts you get. This is best suited for high volume and prolonged usage. This is the best option to cater to high-volume long-term commitments.

Fixed Spending: It helps to plan the budget better as the prices are fixed. Fixed spending eliminates the uncertainty that often comes with varying costs over time, allowing businesses to navigate their financial landscape with confidence.

Ability to customize commitments: There are options to negotiate terms based on specific needs. This level of customization ensures that businesses don't just save costs; they do it in a way that perfectly fits their operational model.

Upfront Payments vs Financial Health of the Enterprise

Even after looking at the invoice value, if you choose to proceed with yearly subscriptions with upfront payments, there will be a significant impact on the financial resources due to the huge amount involved in upfront payments. There will be no flexibility and it will also disturb the cash flow of the organization. There will be a major chunk of capital locked in tech expenses which could have been used for other purposes.

Moreover, these huge upfront costs tend to lower the liquidity ratio and would affect the financial health of the company in turn. Not only this, upfront costs might increase the capital expenditure and decrease the EBITDA.

All these things make the decision making process longer and adds a layer of problems to it. What if we told you that you could enjoy the discounts and skip upfront payments altogether? Sounds different right? We are here to make it happen for you.

Introducing Flexible Payment Solutions

What if you get to go to Paris in a few days and pay for the entire trip in monthly installments? Sounds good right? You can do the same thing for your AWS bill. With SaaSPay, you can get a multi-year cloud commitment at a discounted price without paying for it upfront. We give you upfront capital to purchase the yearly subscription which you can pack back in monthly installments.

How is this useful for you?

It offers payment flexibility

Doesn’t put a strain on your cash reserves

Enjoy discounts offered for multi-year commitment

The savings can be allocated towards achieving other goals of the organization.

Reaping the Benefits of Flexibility

We now know that we can divide that high-value SaaS invoice into monthly payments. Here’s how flexible payments help the organization.

Financial Freedom: Flexible payments keep the capital free from the shackles of upfront payments which usually block capital that can otherwise be used for growth initiatives thus maintaining a healthy cash flow within the organization.

Maximizing discounts: The discounts that you were getting earlier only on yearly subscriptions was asking you to pay upfront. With SaaSPay’s upfront capital, you get the yearly subscription at a discounted rate without paying for it upfront. Thus, you get a good deal with payment flexibility.

How it Spans out for Real?

There are many challenges that an organization faces as they grow. Right from hiring to tech costs, the expenses keep rising. AWS Cloud offers enterprise users on billing invoices upwards of $1 million if the buyer chooses to pay the commitment amount upfront. No matter how enticing, availing EDP can strain the financials of the company.

Enter SaaSPay.

With SaaSPay, they can now make a multi-year commitment, and get the discounts without paying for it upfront. This made their decision-making process shorter and procured the tool on time. The best part is that they get to pay it back flexibly according to the payment plan they themselves choose.

What did they gain?

No stress on their financial resources

Flexible payment option to pay for cloud services without much disturbance on the budget

No capital blockage in cloud cost

Healthy cash flow in the organization

Making the Switch to Flexible Payments

It all lies in that little shift in the way we approach things to make things easier for us to figure out. Just like buying SaaS tools, if you selected the monthly subscriptions you would have paid a lot higher but if you selected yearly subscriptions at a discounted rate you would have to pay upfront. The best way to go about it was to think about something in between. This is when SaaSPay comes to your rescue and tackles the situation easily. You get the payment flexibility you need along with other perks.

In the End

Now that we know what flexible payment solutions by SaaSPay can do to help clear out those hefty invoices efficiently, all you have to do is, make the switch. Maximize the EDP potential for your invoices by choosing an upfront payment option without taking a blow on the company's cash flow. SaaSPay pays AWS on your behalf and recollects payments from you flexibly.

If you have reached here, feel free to book a consultation with our SaaSPay experts for a financial impact assessment to optimize your spending on AWS cloud-native services.

Understanding AWS Cloud Services & the Enterprise Discount Program