It is our ambition to consistently provide the best value for your money. Therefore, our pricing model differs on the basis of business requirement.
3 Models Of Our Pricing
We are happy to explain the basis of pricing through the following 3 different types of pricing options:
Time and Material (T&M) with baseline retainer
Full Time Equivalent (FTE)/Rate Card
Transaction based
Time and Material with baseline retainer
The typical Features of this model are:
1. Single Standard rate - X$/hr - irrespective of resource used
2. Fixed monthly retainer of 20 hours is the baseline. This is to help resource management efficiency
3. Ideal for Small jobs/Tasks based approach
4. Client involvement is more
5. Weekly and Monthly reports of work done and supporting timesheets
Your advantages:
1. More control over implementation
2. Good when evolving requirements
3. High flexibility
4. Structuring and allocation of work not required. Work is delegated as it comes.
Your disadvantages:
1. Time involvement on Clients behalf
2. Lack of pro-active involvement Vs. FTE
3. Costlier compared to FTE.
Full Time Equivalent/Rate Card
The typical Features of this model are: We give a monthly rate card for different skill sets such as accountant, Virtual Executive
1. Highly flexible - can follow specific business requirements
2. Dedicated team - Knowledge management
3. Lowest cost
4. Client involvement is high
5. Expectations on FTE competency to be set right upfront before engagement commences
Your advantages:
1. Least cost option
2. Dedicated team
3. Budget predictability
4. IP ownership
5. High flexibility
6. High control
7. Can start with any level of expertise
Your disadvantages:
1. Client involvement is highest in terms of supervisory management
2. ROI depends on how well the resource/team is managed.
Transaction Based Rate Card
The typical features: We give a transaction specific rate card based on the nature of transactions
1. This is well defined and specific to the number of transactions
2. All the transactions involved defined upfront for high visibility and clarity
3. Transaction summary reports weekly/monthly
4. Client Involvement is low as far as supervisory management is concerned
Your advantages:
1. Client has low management overhead
2. Low risk on productivity
3. Pay for completed transactions
Your disadvantages:
1. Work outside the defined transactions untenable
2. Pro-active value-add to the business requirements untenable