Engagement Model

We offer multiple engagement models to meet diverse needs of our 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.

• Effort based pricing or Time & Material
• Milestone based billing
• Dedicated Development Facility or Retainer
• Build-Operate-Transfer (BOT) Model
• Project based pricing or Fixed bid

Any of these pricing models can be applied to our range of services in resourceful ways for convenience and best value for money.

Effort based pricing or Time & Material

In this model, the project cost is a function of the total project execution time and the corresponding resources deployed. This model is useful in contexts where the projects are quite complex and are prone to specification and design changes during the development.

This model gives you greater flexibility in terms of developing the project specification on an ongoing basis and modifying the specifications based on the changing market needs.

Milestone-based Billing

This model works for you if you are concerned about progress in remote projects, milestones-based payment schedules reinforce progress monitoring. It helps justify payment based on achievable milestone and visible progress reduces risks.

Dedicated Development Facility or Offshore Staffing

You have the option of getting qualified and experienced personnel to suit your requirements. They work exclusively for you from our offices.

Through such Dedicated facilities, we offer the best skill sets, resources, flexibility and time-to-market advantages to you. We take all necessary efforts to protect the Intellectual Property Rights (IPR) of the customers. All rights to the IPR developed in the Development Facility is with you. It provides a cost effective solution if you require continuous offshore support. We implement specific quality/process frameworks as per your requirements. The teams are trained to meet your specifications. The resources are paid on a retainer basis.

Project based pricing or Fixed bid

A low risk option, which you can choose when the scope and specifications for the projects are reasonably clear. We offer Project based pricing in domains wherein we have well defined estimation tools to determine the resource commitments.

Our process optimization ensures reliability, predictability and optimized performance of the projects to deliver on time, on budget, on target.

PAYMENT METHOD

How and Where to Pay: We will provide the information so that you can wire payments to our bank or mail a check to our bank. Wiring is the normal means by which most businesses make their payments.

International Monetary Conversions: Money transferred into an American bank must be converted into the correct dollar amount agreed upon. (Fluctuating exchange rates can result in a deficit in the amount transferred.)

Invoice Schedule: We send invoices by e-mail on or near the 1st and 15th of each month.

Payment Schedule: Payments must be made within three days of receiving the e-mail invoice.

Hourly Rates: Some projects are billed by the hour. We expect payment at the end of a billing period rather than at the end of a phase of work.

A typical bank transfer from the US: We have bank accounts with ICICI bank that has account with Chase Manhattan Bank, New York. When a US client transfers funds from his bank, it does not get transferred directly to our bank in India. Funds first get transferred to the Indian bank account (held with Chase Manhattan, New York) and further gets transferred to our bank.