Nectar · FinOps Profile

Nectar Hr Finops

FinOps view of Nectar spend. Nectar's Recognize platform is a per-employee monthly subscription (billed annually) with a published annual minimum, sold in Plus and Premium tiers plus custom Enterprise. On top of the subscription, the dominant variable cost is rewards redemption - points employees redeem against the global rewards catalog (gift cards, Amazon, swag, custom company rewards) become real spend, which the API surfaces via the financial redemptions report. The Open API itself is a plan-gated add-on rather than a metered, usage-billed product.

Nectar Hr Finops is the FinOps profile for Nectar on the APIs.io network, aligned with the FinOps Foundation Framework.

It defines 3 billable meters, billed in USD, on a annual cycle, and pricing category subscription-based.

The profile maps 8 FOCUS columns for cost-allocation reporting.

Tagged areas include Employee Recognition, Rewards, HR, FinOps, and Cost Management.

Category: HR and Employee Recognition Pricing: Subscription-Based Billing: Annual FOCUS v1.3
Employee RecognitionRewardsHRFinOpsCost ManagementFOCUS

Framework Alignment

Framework
FinOps Foundation Framework
Data Spec
FOCUS v1.3

Charge Categories

PurchaseUsageAdjustment

FOCUS Columns

BillingCurrency
USD
ChargeCategory
Purchase
InvoiceIssuerName
Nectar
PricingCategory
Subscription-Based
ProviderName
Nectar
PublisherName
Nectar
ServiceCategory
HR and Employee Recognition
ServiceName
Nectar Recognize

Meters

seats
Unit: seats
Active employees on the Nectar plan, billed per employee per month (annual).
reward_redemptions
Unit: currency
Reward redemptions made by users against the rewards catalog; the primary variable spend, reported via the financial redemptions endpoint.
points_awarded
Unit: points
Points issued through recognition and custom awards, which convert to redeemable reward value.

Sources