How to Reduce Your Juniper Square Subscription Costs

Juniper Square provides tools for enhancing investment partnership experiences. While their offerings are valuable, exploring cost-reduction methods can be advantageous for businesses.

Minimum Estimated Potential Savings: 11%

Direct Cost Reduction Techniques

Optimize User Licenses

• Conduct periodic audits to identify and remove inactive users from the subscription.
• Consider implementing permission sets to allocate specific functionalities, reducing the need for full licenses.

Data Storage Management

• Archive outdated data to minimize storage usage and associated costs.
• Implement data validation rules to prevent unnecessary data entry, thus reducing storage consumption.

Process Automation

• Utilize workflow and approval processes to automate manual tasks, potentially reducing the need for additional licenses.

Exploring Workarounds for Cost Savings

Integrations with Free/Freemium Tools

While specific workarounds aren’t identified, consider integrating with free or freemium tools like Zapier for basic task automation. Additionally, explore integration with freemium tools like Slack for internal team usage.

Investigating Bundling Options

Currently, no bundling options for Juniper Square subscriptions are identified. However, investigate partner programs to potentially qualify for discounts through collaborations with other software providers.

Negotiating with Juniper Square Support

Contacting Customer Support for Discounts

Engage with Juniper Square’s support team to discuss potential discounts based on your specific usage patterns and historical data. Negotiate renewal rates before subscription renewal to leverage loyalty for better pricing.

Considering Subscription Type Switches

Switching to Annual Subscriptions

Consider transitioning to an annual subscription model, often accompanied by discounts compared to monthly billing. Regularly review user activity and remove inactive user licenses to optimize costs.

Exploring Alternatives to Juniper Square

Exploring Alternative Solutions

While Juniper Square offers valuable investment partnership solutions, exploring alternatives may provide cost-saving opportunities:

• RealPage IMS: RealPage IMS offers investment management software designed for real estate investment firms. Learn more about RealPage IMS.
• Backstop Solutions Group: Backstop Solutions Group provides investment management software catering to alternative asset managers. Learn more about Backstop Solutions Group.
• Investor Management Services (IMS): IMS offers cloud-based investment management solutions for real estate firms. Learn more about IMS.

Open-Source Solutions

Explore open-source solutions tailored to your needs, which might offer similar functionalities at a lower cost. Utilize resources like “Opensource for Juniper Square” to discover applicable tools.

By implementing these strategies and exploring alternative solutions, organizations can effectively manage and reduce their Juniper Square subscription costs while optimizing investment partnership capabilities.