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Pricing Strategy for Business Process Management

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The Importance of Pricing in Business Process Management

Effective pricing strategy is the cornerstone of sustainable growth for Business Process Management (BPM) software companies, directly impacting customer acquisition, retention, and long-term revenue optimization. In the rapidly evolving BPM landscape, where automation and intelligent workflows are transforming operations, the right pricing approach can be the difference between market leadership and obsolescence.

  • BPM software companies with optimized pricing strategies see 30% higher growth rates compared to competitors with poorly aligned pricing models, according to research from Stripe's SaaS pricing analysis (2023).
  • 68% of BPM customers cite pricing structure as a critical factor in vendor selection decisions, making it as important as core functionality in the buying process.
  • Companies implementing usage-based or hybrid pricing models report 25% higher customer satisfaction and reduced churn compared to those with rigid subscription-only approaches, per Invesp's SaaS pricing research (2024).

Challenges of Pricing in Business Process Management

Complex Workflow Valuation

The inherent complexity of BPM solutions presents unique pricing challenges for vendors. BPM platforms typically support intricate, customizable workflows spanning multiple departments and systems. This creates difficulty in establishing clear value metrics that align with customer ROI perceptions. The challenge lies in quantifying the economic value of process automation, especially when benefits materialize across disparate parts of an organization.

Balancing Flexibility with Predictability

BPM customers require a delicate balance between pricing flexibility and cost predictability. The usage-based pricing trend has gained momentum in the BPM space, with 47% of BPM vendors now incorporating some form of consumption-based elements in their pricing models. However, enterprise customers still demand budget predictability for financial planning. This tension drives the need for sophisticated hybrid pricing approaches that combine subscription foundations with usage components.

Enterprise-Scale Pricing Complexity

BPM solutions serve organizations of vastly different sizes and complexity levels. Pricing structures must accommodate this variability while remaining clear and defensible. According to research from TomTunguz (2025), BPM vendors frequently struggle with creating pricing tiers that scale logically from mid-market to enterprise without causing sticker shock or leaving revenue on the table.

AI Integration Valuation

The rapid integration of AI capabilities into BPM platforms creates new pricing challenges. BPM vendors must determine how to monetize AI-powered features like intelligent document processing, predictive analytics, and automated decision-making. The market shows a clear trend toward modular AI pricing, where advanced automation capabilities are offered as premium add-ons or included in higher-tier subscriptions rather than built into base pricing.

Software Adoption and User Onboarding Considerations

BPM pricing models must account for the implementation journey and gradual adoption. Research from Vendr (2024) indicates that successful BPM pricing strategies incorporate adoption-friendly elements like tiered user access, gradual workflow expansion capabilities, and pricing metrics that align with demonstrated value rather than theoretical usage capacity.

Monetizely's Experience & Services in Business Process Management

Monetizely brings specialized expertise to Business Process Management software companies seeking to optimize their pricing strategies in this complex vertical. Our approach combines data-driven methodology with deep SaaS industry experience to develop pricing models that maximize revenue while aligning with customer value perception.

Proven BPM Pricing Transformation

Our work with a $10 million ARR IT Infrastructure Management Software company demonstrates our ability to solve critical BPM pricing challenges. This client was struggling with inconsistent sales and customer objections due to their lump sum subscription model that lacked specific packages or pricing metrics. Monetizely guided their transformation to a structured pricing approach by:

  1. Aligning pricing strategy with their go-to-market strategy for enterprise sales
  2. Rationalizing their product offerings from four packages to two with strategically remapped feature sets
  3. Creating a combination pricing metric based on users and company revenue that better reflected the value delivered

The result was the company's first consistent pricing model, leading to smoother sales cycles and improved monetization of strategic features.

Usage-Based Pricing Implementation for BPM Solutions

Monetizely has extensive experience implementing sophisticated usage-based pricing models for process automation software. For a $3.95 billion digital communication SaaS leader, we successfully implemented usage-based pricing ($/voice minute and $/message) to counter competitive threats and enable new use cases for their contact center offering. Our implementation included:

  1. Developing platform fee guard rails with comprehensive customer acceptance testing
  2. Preserving revenue integrity by eliminating potential revenue reduction (50% of existing revenue) during the transition
  3. Implementing go-to-market systems to support usage-based pricing across product metering, billing, CPQ, and sales compensation calculations

Comprehensive Pricing Research Methodology

Our approach to BPM pricing strategy includes a robust research methodology combining:

  • Statistical/Quantitative Analysis: We employ Van Westendorp surveys for price point measurement, conjoint analysis for comprehensive package identification, and Max Diff techniques for feature prioritization.

  • Empirical Data Analysis: We analyze pricing power across market segments and tiers, evaluate tier/package performance through discount analysis, and conduct usage and shelfware analysis for existing offerings.

  • In-Person Qualitative Studies: Our unique approach includes validating pricing and packaging strategies directly with clients and prospects to ensure market alignment before implementation.

Pricing Strategy Alignment with BPM Market Dynamics

For BPM software companies, we develop pricing strategies that specifically address the unique aspects of process automation solutions:

  • Value-Based Metrics: We identify and implement pricing metrics that align with the tangible business outcomes your BPM solution delivers, such as processes automated, workflow efficiency gained, or time saved.

  • Enterprise-Ready Pricing Models: Our strategies accommodate the complex needs of enterprise BPM customers, with appropriate scaling mechanisms and flexible deployment options.

  • Competitive Positioning: We analyze the BPM competitive landscape to ensure your pricing strategy creates clear differentiation while remaining within market expectations.

  • Packaging Optimization: We rationalize feature sets across tiers to create compelling upgrade paths that match customer adoption journeys in the BPM space.

Monetizely's expertise in usage-based pricing models is particularly relevant for modern BPM solutions, where consumption patterns vary widely across customer segments and use cases. Our methodologies ensure you capture appropriate value while providing the flexibility customers demand in process automation software.

By partnering with Monetizely for your BPM pricing strategy, you gain access to specialized expertise that combines proven pricing methodologies with deep understanding of the BPM market dynamics, resulting in pricing models that drive sustainable growth while maintaining competitive advantage.

Get Started with Pricing Strategy Consulting

Join companies like Zoom, DocuSign, and Twilio using our systematic pricing approach to increase revenue by 12-40% year-over-year.

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FAQ’s

Frequently Asked Questions

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