GRC procurement

Total Cost of Ownership Calculator

The licence fee is rarely the real cost. Model the full total cost of a GRC platform with implementation fees, renewal uplift, and internal team time included.

Your inputs

Time horizon

Annual licence fee quotedThe headline annual subscription a vendor has quoted you.

One-off implementation feeSetup, configuration, and onboarding fees. Often quoted separately - or not at all until later.

Annual renewal upliftThe yearly price increase on renewal. 5-10% is common and compounds over a contract.

Team days per month spent administeringInternal time spent configuring, chasing, reformatting, and producing reports each month.

days

Average annual salaryThe cost of the people doing that admin. Enter an average annual salary or a day rate - whichever you know.

£/ year

≈ £450 per working day (based on 220 days a year)

Estimated 3 years total cost of ownership

£278,320

ex. VAT|£333,984 inc. VAT (20%)

Licence3 years, incl. compounding renewal uplift

58%£162,320

ImplementationOne-off setup and onboarding

13%£35,000

Internal team time3 years of admin, chasing and reporting

29%£81,000

Total

£278,320

The licence is only 58% of the true cost. The remaining £116,000 (42%) sits in implementation fees and internal time - the part rarely shown on the quote you compare vendors on.

Download this breakdown

Get your full TCO breakdown - the cost split, your assumptions, and the insight - as a PDF.

Built to keep the true cost low

Initia deploys in weeks without heavy implementation fees and automates the reporting and chasing that consumes internal time. See what your number looks like with us.

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