Do this: Open your two biggest software invoices and list every line item with its monthly amount. Two minutes, and you will know whether you pay per seat, per use, or both.
PASTE THIS
Act as a procurement analyst. For each line item below, say whether it is billed per seat, per use, or flat, what would double it, and whether it is a meter nobody is watching. Then give me the three questions to ask before renewal, and one sentence requesting a cap on yearly increases. Mark anything unclear as check the contract. [paste line items here]
You'll get: A one-page renewal brief: what the meter counts, what doubles it, and the sentence to send. Most owners find one line item nobody owns, and the cap request costs nothing to ask. Do it before your next renewal date.
The four-line payment rule to send your bookkeeper this week
Send this to whoever pays invoices at your business, before the midterm phishing wave peaks. The FBI warned this week that election-themed scams are already circulating.
Pin it wherever invoices get paid.
Three things moved at once this week. HR software wants to bill for the work its agents do, chip capacity is sold out, and investors marked the AI trade down. Vendors need your signature more than you need their newest feature. That is leverage, and it expires the day you renew.
Workday's chief executive wants to charge customers from the labour budget its own agents replace, pushing the HR software vendor to usage-based pricing, The Register reports. Google's new workplace agent lands with the same unanswered question, what an agent costs once it does the work, AI Business notes.
So what: before your next renewal, ask whether the price is per seat or per unit of work, and get the meter's cap in writing this quarter. If the vendor will not name the unit, that is your answer.
The Fed may move again this month
Federal Reserve chairman Kevin Warsh signalled a steady outlook while inflation runs hot, and the Fed is weighing another rate increase later this month, Axios reports. CEO confidence has already slipped below zero. So what: before the Fed meets later this month, ask your bank for a fixed-rate quote in writing on any loan you already plan to take.
AI-written applications are eating the first interview
One jobseeker sent 200 AI-written applications and got nowhere, and recruiters now spot the pattern, the BBC reports. Hiring managers are drowning in polished, identical CVs. So what: this week, replace the first screen in your hiring with a three-line answer to one real problem from your own business, before the pile gets any deeper.
Chip capacity is sold out before you order
TSMC posted a record quarter but cannot make chips for everyone, with Nvidia, Apple, Broadcom and AMD bidding for the same lines, CNBC reports. Component prices are already climbing. So what: this week, ask your laptop or server supplier to quote in writing and to say how long that price holds, before the next list lands.
This week's question: a vendor wants to bill us by usage next year. How do you agree without signing a blank cheque? Four things in writing, all of them ordinary asks. Name the unit that is billed, whether that is a person, a task, a token or a minute. Get a yearly cap and a notice period before any increase. Ask what doubles the usage, and what the price is then. Ask to see the meter on a page you can refresh. A vendor that will not show the meter has told you who carries the risk.
When your software last renewed, did you know what the meter counted?
A. Seats and people
B. Tasks and usage
C. Both, and it changed
D. It has never been clear
Reply with one letter β results next issue.
China is weighing an export-control list for AI. How many technologies would it add, and which two kinds does the report name?
Answer tomorrow β and no, we are not printing it here.
YESTERDAY'S ANSWER
Amazon's two new Bee wearables cost $75 and $100. What is the monthly fee for the service that turns what they hear into notes?
$11.99 a month for Bee Pro, per Amazon's product page (the page lists 30 days free for new customers).
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