NovekAI Pricing Guide

Overview

Novek.ai offers flexible pricing options designed to accommodate organizations of all sizes, from small businesses to large enterprises. Our pricing structure is built around the principle of delivering maximum value while ensuring scalability as your needs grow.

Pricing Models

Novek.ai offers three primary pricing models to suit different organizational needs:

1. Subscription-Based Model

Our subscription model provides ongoing access to the NovekAI platform with regular updates and support.

Key Features:

• Monthly or annual billing options (annual subscriptions include a 15% discount)
• Tiered pricing based on usage metrics
• Automatic platform updates and enhancements
• Dedicated support based on tier level

2. Enterprise Licensing Model

For larger organizations with specific requirements, our enterprise licensing model offers customized deployments with enhanced capabilities.

Key Features:

• Perpetual or term-based licensing options
• Customized deployment configurations
• Enhanced security and compliance features
• Advanced integration capabilities
• Premium support and service level agreements

3. Consumption-Based Model

For organizations with variable usage patterns, our consumption-based model allows you to pay only for what you use.

Key Features:

• Pay-as-you-go pricing based on actual usage
• No long-term commitments required
• Ability to scale up or down based on demand
• Monthly billing with detailed usage reporting

Pricing Tiers

Novek.ai offers four primary pricing tiers to accommodate different organizational needs:

Starter

Ideal for: Small teams or departments beginning their document intelligence journey

Key Limitations:

• Up to 10,000 documents
• Up to 10 concurrent users
• Basic AI assistant capabilities
• Standard document processing
• Email support

Starting Price: $1,500 per month (billed annually)

Professional

Ideal for: Mid-sized teams with moderate document processing needs

Key Limitations:

• Up to 50,000 documents
• Up to 50 concurrent users
• Enhanced AI assistant capabilities
• Advanced document processing
• Priority email and chat support
• Basic workflow automation

Starting Price: $3,500 per month (billed annually)

Enterprise

Ideal for: Large organizations with complex document ecosystems

Key Limitations:

• Up to 500,000 documents
• Up to 250 concurrent users
• Full AI assistant capabilities
• Premium document processing
• 24/7 support with dedicated account manager
• Advanced workflow automation
• Enhanced security and compliance features
• Custom integrations

Starting Price: $8,000 per month (billed annually)

Global

Ideal for: Multinational organizations with extensive document processing requirements

Key Features:

• Unlimited documents
• Unlimited users
• Complete AI assistant capabilities
• Enterprise-grade document processing
• 24/7 premium support with dedicated solution architect
• Comprehensive workflow automation
• Advanced security and compliance features
• Custom development and integration services
• Multi-language support
• Global deployment options

Starting Price: Custom pricing based on specific requirements

Pricing Factors

Several factors influence the final pricing for your NovekAI implementation:

1. Document Volume

The number of documents processed and stored within the NovekAI platform is a primary pricing factor. Volume is typically measured in terms of:

• Total number of documents
• Total storage capacity (GB/TB)
• Monthly document processing volume

2. User Count

The number of users accessing the system affects pricing, typically categorized as:

• Named users (specific individuals with accounts)
• Concurrent users (maximum number of simultaneous users)
• Role-based users (administrators, power users, regular users)

3. Deployment Model

Your chosen deployment model impacts pricing:

• Cloud deployment (SaaS)
• On-premises deployment
• Hybrid deployment
• Private cloud deployment

4. Feature Set

The specific features and capabilities required influence pricing:

• Basic document processing vs. advanced AI capabilities
• Standard vs. custom workflows
• Basic vs. advanced security features
• Standard vs. custom integrations

5. Support and Service Level

The level of support and service required affects pricing:

• Standard support vs. premium support
• Regular business hours vs. 24/7 support
• Standard SLAs vs. custom SLAs
• Implementation services and training

Industry-Specific Pricing

Novek.ai offers specialized pricing for key industries with unique document processing requirements:

Oil & Gas Industry

Specialized Components:

• Enhanced processing for technical documentation
• Specialized models for equipment documentation
• Integration with industry-specific systems
• Compliance features for regulatory requirements

Chemicals Industry

Specialized Components:

• Enhanced processing for safety data sheets
• Specialized models for chemical formulations
• Regulatory compliance features
• Integration with laboratory information systems

Pharmaceuticals Industry

Specialized Components:

• Enhanced processing for regulatory submissions
• Specialized models for clinical documentation
• GxP compliance features
• Integration with quality management systems

Additional Costs

When budgeting for Novek.ai, consider these potential additional costs:

Implementation Services

• Solution design and configuration
• System integration
• Data migration
• Custom development

Training and Change Management

• Administrator training
• End-user training
• Change management support
• Documentation development

Ongoing Services

• Solution optimization
• Custom development
• Advanced support services
• Regular health checks and reviews

ROI Considerations

When evaluating NovekAI pricing, consider these ROI factors:

Time Savings

• Reduced time spent searching for information (typically 30-50%)
• Faster document processing and classification
• Accelerated workflow completion
• Reduced time for regulatory submissions and compliance activities

Cost Reduction

• Reduced storage and document management costs
• Lower printing and physical document handling costs
• Reduced manual data entry and processing costs
• Lower compliance management costs

Risk Mitigation

• Reduced compliance and regulatory risks
• Lower operational risks due to improved information access
• Reduced knowledge loss risks
• Enhanced security and data protection

Strategic Value

• Improved decision-making through better information access
• Enhanced knowledge sharing and collaboration
• Accelerated innovation and product development
• Improved customer service and response times

Free Trial and Proof of Concept

Novek.ai offers several options to evaluate the platform before making a full commitment:

Free Trial

• 30-day access to the NovekAI platform
• Limited document volume (up to 1,000 documents)
• Access to core features and capabilities
• Basic support during the trial period

Proof of Concept

• 4-8 week structured evaluation
• Focus on specific high-value use cases
• Implementation with your actual documents
• Detailed value assessment and ROI analysis
• Technical feasibility validation

Procurement Process

The typical procurement process for NovekAI includes:

1. Initial Consultation: Discussion of your requirements and objectives
2. Solution Design: Development of a proposed solution architecture
3. Value Assessment: Analysis of potential ROI and business impact
4. Pricing Proposal: Detailed pricing based on your specific requirements
5. Contract Negotiation: Finalization of terms and conditions
6. Implementation Planning: Development of implementation timeline and approach

Payment Terms

Novek.ai offers flexible payment terms to accommodate different organizational requirements:

• Annual payment (includes discount)
• Quarterly payment
• Monthly payment (subscription model only)
• Custom payment schedules for enterprise agreements

Price Adjustments

Factors that may lead to price adjustments include:

• Changes in document volume or user count
• Addition of new features or capabilities
• Changes in support or service level requirements
• Annual price adjustments (typically capped in multi-year agreements)

Frequently Asked Questions

How quickly can we see ROI from Novek.ai?

Most customers begin seeing measurable ROI within 3-6 months of implementation, with initial efficiency gains visible within the first month. Full ROI typically occurs within 12-18 months, with ongoing value accumulation thereafter.

Can we start small and scale up?

Yes, NovekAI is designed to support a phased implementation approach. Many customers start with a specific department or use case and expand as they demonstrate success and build internal momentum.

How does pricing compare to traditional document management systems?

While the initial investment in NovekAI may be higher than traditional document management systems, the total cost of ownership is typically lower due to reduced manual processing, improved efficiency, and higher value creation. Most customers achieve 150-400% ROI within the first year.

Are there any hidden costs we should be aware of?

Novek.ai strives for transparent pricing with no hidden costs. Your pricing proposal will clearly outline all costs associated with your implementation, including any potential additional costs for specific services or capabilities.

Can pricing be customized for our specific needs?

Yes, especially for Enterprise and Global tier customers, NovekAI offers customized pricing based on your specific requirements, usage patterns, and value drivers.

Contact Information

For detailed pricing information tailored to your organization's specific needs, please contact our sales team:

• Email: sales@novek.ai
• Phone: +1 (555) 123-4567
• Web: www.novek.ai/pricing

Our sales team will work with you to understand your requirements and develop a customized pricing proposal that delivers maximum value for your investment.