How to Reduce Your Charma Subscription Cost

Charma aims to empower teams to operate more effectively and with greater clarity by guiding and enhancing the relationship between managers and their direct reports. If you’re looking to reduce your Charma subscription costs, here are several strategies to consider.

Minimum Estimated Potential Savings: 10%

How to Reduce the Cost of Charma Subscription

Direct Cost Reduction Techniques

Optimize User Licenses:

• Audit User Licenses: Regularly review your user licenses and deactivate those that are inactive.
• Permission Sets: Utilize permission sets to grant specific functionalities instead of assigning full licenses for basic needs.

Data Storage Management:

• Archive Old Data: Regularly archive outdated data to reduce storage consumption and associated costs.
• Data Validation Rules: Implement data validation rules to prevent unnecessary data entry that consumes storage.

Process Automation:

• Workflow and Approval Processes: Utilize workflow and approval processes to automate manual tasks, reducing the need for additional licenses.

Workarounds to Reduce Subscription Costs for Charma

Integrations with Free/Freemium Tools

• Zapier: Explore using Zapier to automate tasks that might require additional licenses (e.g., basic data cleansing).
• Slack: Consider integrating with freemium tools like Slack for internal team communication and collaboration.

Bundling Options for Cost Savings

Pairing/Bundling for Discounts

• Partner Programs: Check if your company qualifies for partner discounts through partnerships with other software providers. For instance, some cloud storage services offer discounts when bundled with other services like Salesforce.

Negotiating with Support

Contact Customer Support for Discounts

• Discuss Usage Patterns: Engage with Charma support to discuss your current usage patterns. They might offer discounts based on your specific needs and historical data.
• Negotiate Renewal Rates: Before your subscription renews, negotiate renewal rates with support. Demonstrating loyalty and commitment to the platform can sometimes lead to better pricing.

Switching Subscription Types

Switching to Annual Subscriptions

• Annual Subscriptions: Consider switching to an annual subscription, which often comes with a discount compared to monthly billing.

Reducing Inactive Users

• Review User Activity: Regularly review user activity and remove inactive user licenses to optimize costs.

Alternatives to Charma

Exploring Alternative Solutions

While Charma offers robust features, exploring alternatives may provide cost-saving opportunities:

• Lattice: Lattice provides performance management and employee engagement tools designed to improve team performance. Learn more about Lattice.
• 15Five: 15Five offers continuous performance management software that includes features like weekly check-ins, OKR tracking, and performance reviews. Learn more about 15Five.
• Weekdone: Weekdone is an OKR and weekly reporting tool that helps teams stay aligned and track their progress. Learn more about Weekdone.

Open-Source Solutions

• Open-Source Tools: Depending on your needs, explore open-source solutions that might offer similar functionalities at a lower cost. Utilize resources like “Opensource for Charma” to discover applicable tools.

By implementing these strategies, negotiating with support, and exploring alternative solutions, you can effectively manage and reduce your Charma subscription costs while maintaining access to essential features and functionalities.