HireTrack NX, Licensing, Hosting and Cloud

PROS:

One advantage of a Perpetual License is that it can save you money in the long term.
The only ongoing expense is an "update and support" subscription, which includes software updates as well as assistance from our support team when needed.

Of course, perpetual licenses may be used forever with no further cost if an "update and support" subscription isn't required.

Most medium-and-larger companies,tend to go with Perpetual Licenses. This ensures that HireTrack NX is never inaccessible because someone in another department forgot to renew the subscription.

CONS:

Although perpetual licences may be used forever, this can be a costly up front capital purchase. You will also need to make sure your "update & support" subscription is up to date, in order to keep your software from becoming obsolete.

NOTE:
With perpetual licences you pay for software upfront and update & support supscription either monthly or annually. For larger software deployments the upfront cost can be significant which means capital expenditure is often required.

PROS:

An advantage of a Subscription License is its lower initial acquisition cost, so no expensive upfront capital purchase which can kill your cashflow. Typically, start-ups and smaller companies (who place a premium on conserving money to maintain strong cash flows) opt for subscription based licensing. It is a great way to get started for a little more than what you would pay just for software maintenance.

A subscription licensing model offers better affordability with a predictable payment schedule, becoming a part of operational expenditure. Upgrades and new features are released in real time and rolled into the monthly price, ensuring no compatibility or obsolescence issues.

CONS:

A subscription licensing model does cost more over time and if you fail to renew the subscription, the software will stop working all together (whereas a Perpetual License will keep working on the same version).