How are corporations paying for SaaS?
Let's say a corporation is buying SaaS software for the whole department of 4 000 employees. The subscription is priced $1 for user/month. So it is $4 000 monthly or $48 000 annually. Is the corporation paying all this money by credit card?
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I've been selling to corporations for several years now and in my experience once the price is above ~$300 a month they ask to invoice them for a year's worth and typically pay that by bank transfer or something like a bank transfer.
Unlikely to be paying it by a credit card as they are not secure from a financial controls perspective (fraud). More likely it'll be via a bank transfer and it'll go through a corporate purchasing system like SAP/Coupa for example.