LeadSoft offers multiple engagement models to meet diverse needs of global clients. You can choose from any one the generally accepted models below or a combination of them for different phases of your project. We can work with you to customize a model to address your specific need.
- Project based pricing or Fixed bid
- Effort based pricing or Time & Material
- Milestone based billing
- Build-Operate-Transfer (BOT) Model
You can use any of them for best value services.
- Project Based Pricing or Fixed Bid
- Most suitable when project requirements are clear along with its scope and specifications. This is comparably a low risk option.
- We offer you project based pricing in the domains of our expertise wherein you get the best of the dedicated resources, and most importantly the best team.
- Our process based optimization ensures reliability, predictability and optimized performance of the projects to deliver on time, on budget, maintaining the desired quality.
Here we provide customers with a Project Quotation that describes in detail the project scope and schedule. The payment schedule for a Fixed Price/Fixed Date agreement depends on project milestones and duration.
You can enjoy the benefits of this model as:
- Effort based pricing or Time & Material
- In the Effort based pricing model, the project cost is a function of the total project execution time and the corresponding resources deployed.
- This engagement model is particularly useful in contexts where the projects are quite complex and are prone to specification and design changes midstream.
- For payment, a “full time equivalent” scheme is applied which means that an hourly rate is charged for each employee dedicated to your project. All invoices for this type of contract are accompanied by project reports.
In this case the “full time equivalent” scheme is applied which means that the customer is charged at a daily rate for each employee dedicated to the customer’s project. All invoices for this type of contract are accompanied by project reports.
You can enjoy the benefits of this model as:
- Milestone-based Billing
This option works for Clients who are concerned about progress in remote projects and specially for those who are outsourcing first time. Milestones-based payment schedules reinforce progress monitoring. It helps justify payment based on achievable milestone and visible progress reduces risks.
- Build-Operate-Transfer (BOT) Model
- Faster Time to Market
- Lower Establishment Costs
- Risk Reduction
- Flexibility
- Process Expertise
- Option of owning the facility
