Pricing Policy for Medorn ERP

Pricing Policy

Last updated: September 5, 2023

Medorn Ventures Private Limited ("Medorn" or "the Company") is committed to providing flexible and transparent pricing options for our Software as a Service (SaaS) products. Our pricing policy is designed to accommodate the changing needs of our customers by offering a dynamic pricing model based on the number of users. Customers can choose to pay on a monthly, quarterly, or yearly basis, providing them with flexibility and scalability

Pricing Model

Medorn's pricing is based on the number of active users within your organization. Active users are defined as individuals who have access to and use our SaaS products during the billing period.

Monthly Pricing

For customers who prefer a month-to-month payment schedule, the monthly pricing will be calculated based on the average number of active users over the course of the month. The pricing for each user will be fixed for the billing period, and any changes in the number of users will be reflected in the subsequent month's billing.

Quarterly Pricing

Customers can opt for quarterly billing, which offers a discounted rate compared to the monthly option. The quarterly pricing will be calculated based on the average number of active users over the three-month period. Any changes in the number of users during the quarter will be adjusted in the subsequent quarter's billing.

Yearly Pricing

For customers seeking the most cost-effective option, Medorn offers yearly billing at a significantly reduced rate compared to monthly pricing. Yearly pricing is calculated based on the average number of active users over the twelve-month period. Any changes in the number of users during the year will be adjusted in the subsequent year's billing.

Payment Terms

Customers are required to provide accurate user counts at the beginning of each billing period (monthly, quarterly, or yearly). Medorn will generate invoices based on the user count provided and the selected billing frequency. Payment terms are as follows: - Monthly Billing: Payment is due within 15 days of receiving the invoice. - Quarterly Billing: Payment is due within 30 days of receiving the invoice. - Yearly Billing: Payment is due within 45 days of receiving the invoice.

User Count Updates

Medorn understands that user counts may fluctuate throughout the billing period. To ensure accurate billing, customers can update their user counts at any time during the billing period. User count updates will be reflected in the subsequent billing period.

Additional Services

Medorn may offer additional services or features that are not included in the standard pricing. These services will be clearly outlined and billed separately.

Discounts and Promotions

Medorn may periodically offer discounts, promotions, or custom pricing arrangements based on specific customer needs. These arrangements will be documented in separate agreements and are subject to their terms and conditions.

Yearly Pricing

For customers seeking the most cost-effective option, Medorn offers yearly billing at a significantly reduced rate compared to monthly pricing. Yearly pricing is calculated based on the average number of active users over the twelve-month period. Any changes in the number of users during the year will be adjusted in the subsequent year's billing.

Termination and Refunds

Customers can cancel their subscription at any time. Termination requests must be submitted in writing, and refunds will be provided based on the terms outlined in the Medorn Refund Policy.

Price Changes

Medorn reserves the right to adjust pricing for its SaaS products, but customers will be given advance notice of any price changes. Existing customers will not be affected by price changes until the start of their next billing period.

Contact Information

For any questions, concerns, or inquiries related to pricing, please contact our customer support team at [contact email/phone number].

Conclusion

Medorn Ventures Private Limited is committed to providing flexible and transparent pricing options to meet the evolving needs of our customers. Our dynamic pricing model ensures that you pay only for what you use, giving you the flexibility to scale your subscription as your organization grows. We value your business and are dedicated to delivering exceptional value through our SaaS products. .