With traditional, on-premise procurement, a software vendor sells you a “copy” of their product for an up-front fee. You buy the hardware necessary to run the software, you manage the installation and implementation, you maintain the system and keep it up-to-date.

With the newer on-demand model, the software vendor assumes much more responsibility. There is no installation process, no computer equipment to buy and manage, and no ongoing maintenance. The only thing you are responsible for is the subscription fee.

Calculate Your Procurement TCO

Ready to invest in e-procurement but aren’t sure which type of solution – on-premise or on-demand – will fit within your budget? With Coupa’s Total Cost of Ownership Calculator you can:      Understand the cost components associated with an on-premise solution vs. an on-demand solution – and determine the total cost of ownership for each over a 5-year period Compare total ownership costs for both solution types and estimate your potential cost savings with an on-demand solution We think you’ll find on-demand procurement software can reduce both your up-front costs and your 5-year costs all while reducing project risk and speeding time-to-benefit.