Our Pricing Models for Software Development

Time & Materials Project Contract Model

Over 90% of Sfinitor's project development is cost-effective, utilizing a fixed pricing structure.

When and why:

Sfinitor selects this adaptable model when a project's task parameters are susceptible to modification as a result of early user feedback, changing customer needs, or other variable factors. We associate development costs with the pre-agreed rates and the time our specialists invest in delivering results, ensuring clients are charged solely for completed work. While it's impractical to foresee the precise extent of work initially, our seasoned project management strategies enable us to precisely outline the baseline scope and provide realistic estimates from the outset.

Best for:

• Agile software development entails billing based on the labor expended to produce distinct software components, such as user stories or functional points including screens and logical files
• Software improvement via iteration: reengineering, bug resolution
• Software implementation: Ongoing consulting support
• Parallel software development and documentation as effective dynamic knowledge management strategies

Fixed-price model

When and why:

Sfinitor undertakes software projects with distinct scopes, where tasks aren't divisible into smaller timeframes, utilizing a custom model. Precise estimates for service costs are provided upfront, based on calculating the exact expenditure of resources required to accomplish the task at hand.

Best for:

• Expert consultancy: Architecture design, feasibility studies, code audits, and more
• PoC Development: Rapid Idea Prototyping
• The Waterfall model of software development involves defining the task's scope and setting a fixed price for each successive stage (design, implementation, quality assurance, etc.). While Agile methodologies take precedence in many cases, the Waterfall approach may be applicable to minor low-risk projects and documentation-heavy software-hardware ventures within regulated industries
• Tasks for individual development, each with a specific purpose (such as constructing a specific feature, migrating an app to the cloud, performing one-off security assessments, etc.)
• Shared knowledge activities with defined scope (such as knowledge transfer meetings, user training events)

Subscription-based model

When and why:

Upon deployment, Sfinitor assumes responsibility for maintaining and supporting the software. Our cost-effective support services are calculated as a flat monthly fee that's determined by the agreed scope of work. This scope often relies on factors such as the number of software users or support tickets. By providing this flexible pricing structure, our clients maintain control over their service budget.

Best for:

• Assists in managing a set ticket resolution quota monthly (help desk role)
• Efficient app infrastructure management encompasses software configuration and cloud resource optimization
• Offers comprehensive managed security: compliance checks, recurring vulnerability scans, and more

Mixed model

When and why:

In software development outsourcing at Sfinitor, we adapt various pricing strategies tailored to each project scenario, aiming for cost-effective service and client satisfaction. For instance, a client may engage us for a feasibility study and technical design phase, which we bill under a fixed price structure. Once the discovery phase is concluded, the client might require product development management. Here, we employ Agile methodology and Time & Material (T&M) model to ensure smooth project execution.

Best for:

• Unclear, prolonged initiatives lacking specific objectives may pose challenges, such as digital transformations and research & development endeavors
• Comprehensive software modernization entails a blend of consultative and developmental services: system audits, redesigns, cloud migrations, feature creation, and more