TPF for > Customers > Pricing models
We have a range of pricing models to suite our customer needs. However, we appreciate that no two customers are the same and hence no two customers' financial needs and limitations are the same. Though we have a range of pricing models to offer to our customers, we are happy to tailor any one of them to suite their individual needs or even create new ones.
Fixed Price
This is a pricing model where we estimate the effort required from us to deliver the project or develop the product and then we deliver it at a pre-agreed fixed price. This gives our customers the benefit to do a better financial planning.
This pricing model is best suited for customers with clearly defined specifications and a need to know the cost of delivery upfront. Many of our fixed price customers even go to the extent of offering financial incentives if we exceed certain pre-agreed performance criteria. In return, we gladly offer to be financially penalized if we do not meet those pre-agreed performance criteria. While many of our clients would vouch for us being incentivized, we can say with a lot of pride that we have never been penalized by our customers to date!
Time & Material
This is a pricing model where we are unable to establish the precise amount of work or skills required from us to deliver the project or develop the product. In such cases we charge our customers on the basis of actual effort spent. This gives our customers the flexibility to change their requirements as per their business needs.
This pricing model is best suited for customers whose business is such that it is impossible to define the precise needs upfront.
Build-Operate-Transfer (BOT)
This is a pricing model where we:
- Build an expertise to suit the customer needs
- Operate it successfully for their success
- Transfer the control of the team and even the infrastructure upon achieving certain milestones.
This pricing model is best suited for customers who want to build their own specific expertise (be it in business, in technology or even in geography) eventually but have no available in-house capabilities or capacity to be able to do it and hence want to de-risk it.
This is an increasingly popular pricing model amongst our customers.
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