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That would have been a big start-up cost and an annual enterprise software fee.
From the threshold analysis, we found that the total five-year software fee costs would need to rise to $15,000 , $73,000 and $140,000 for small, medium and large-sized PHUs, respectively, in order for the electronic system to be greater in cost than the hybrid system.
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The site makes money from commissions on sales made through the site (Ms. Kumar declined to disclose the percentage) and from platform and software fees that range from $50 to $300 a month.
The company is shifting to garnering top line in other ways than one-time software fees, but we don't need to suss that out all over again here.
Financial interests are often complex and hard to define, and software fees vary widely in the amount of profit they bring.
As the electronic system's software fees are based on a sliding scale that is dependent on PHU size, there is a decrease in cost per capita with larger PHUs.
Software fees for the electronic system were included in the analysis; however, because they were provided by the vendor on the condition that they would not be divulged, we also conducted a threshold analysis to determine the total five-year software cost at which the hybrid and electronic systems costs were equal.
Results from our threshold analysis demonstrated that in order for the electronic system to become less costly than the hybrid system, the total five-year software fees for small, medium and large-sized PHUs would have to increase to approximately $29,000 , $143,000 and $281,000 respectively.
This can include fees for hang-ups, maintenance fees, software fees, or tracking fees.
Please note direct access brokers do have high monthly software fees.
Those many variables can make it hard for any corporation to predict what its software licensing fee will be in a given quarter, Mr. Loiacono said.
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