Fixed Price Projects
Fixed price projects can be beneficial for a business. Buying a pre-built app or software solution isn’t always enough to fulfill your company’s needs. It’s possible that this solution lacks the functionality you seek or that it doesn’t work with other apps. In addition, to the challenges with pre-made applications, there are other reasons to build a custom one. Companies can either use internal resources to form an internal department or outsource application development.
If you decide to hire an app development company, you must sign a work order and a contract. Development organizations use a variety of pricing models, such as the time and materials model or fixed price model. The two methods mentioned above are now the most popular price models for software development, and they are very different from one another.
While each of the pricing methods has its benefits and drawbacks At Linkitsoft, we are highly delight to offer a fixed price projects model to offer you the best budget usability and help you choose the option that would work best for your situation.
Fixed price model vs Time and materials model
In a time and material model, you pay for both the real-time the team spent creating your product and the price of all the supplies and tools they implement.
In contrast, in a fixed-price project, you pay the provider a certain amount for the specific project scope regardless of the number of hours the team works on the product or the additional expenses the provider incurs along the process.
Explaining Fixed fixed-price projects
A fixed-price projects model is a sort of agreement where a client and a service provider concur on a set scope of work, deadlines, and payments. With this paradigm, you can define the project scope without having any prior experience with software development. The project’s requirements, timeline, work scope, and expenses are all explicitly state at the outset.
An agreement between a client and a vendor on a predetermine scope of work, deadlines, and payments is implied by a fixed-price project. It’s a fantastic choice for tasks with a predefine set of features and set due dates. You are aware of exactly what you will be paying for as a customer and when your software product will be deliver. A dependable and predictable method of outsourcing software development is the fixed-price project.
At Linkitsoft, we can assist you in identifying your problems and creating a thorough project specification. Based on that specification, we then create cost and time estimates.
Foodosti - Food Delivery Application
Foodosti is a food delivery startup in Kentucky that wanted to give restaurants and customers an inexpensive and smarter alternative to expensive apps like DoorDash and Uber Eats. We helped turn their idea into a real app with a driver bidding system, where riders set their own delivery prices. The app launched in Lexington, Kentucky, and quickly became a hit with both customers and delivery drivers.
Mr. Cod (Order Wave – Self-Ordering Kiosk)
Mr. Cod is an excellent restaurant that first made its debut in the UK in 1979. Its specialty can be found in its British-style fish and chips and American-style fried chicken. Due to providing affordable packages and awesome taste, they had a lot of people visiting their restaurant daily, making it harder to remember orders and keep track of daily taxes. This is where Linkitsoft stepped in and successfully made all of this much easier and quicker with Order Wave.
BVEND - Smart Vending Machine Application
BVEND is an innovative vending machine operator delivering self-service retail solutions for teenagers. With a special focus on schools, BVEND has quickly become a favorite among students by making snacks and drinks more fun and accessible. When they were starting, there were some gaps; BVEND wanted to create a secure, cashless environment where students could make purchases using preloaded ID cards topped up by their parents. Due to this unique system, BVEND realized that the general kind of software wouldn’t work for them. They required a custom-built system. That’s where we came in and helped them build a centralized platform.
DONUT TRAP - Smart Donut Vending Application
Donut Trap is a lovely and proud donut, ice cream, and coffee business. Whenever their customers have a craving, they’re always there to satisfy their sweet tooth! Thanks to their delicious treats, Donut Trap was already up and running. However, the owner wanted to do more: this was automating their business. This way, they would be able to keep track of their sales and inventory better than they can manually. This is exactly where Linkitsoft helped!
JTI - Modern Tourism Application
JTI is a tourism initiative that wanted to make travel easier for both locals and international visitors. They noticed that tourists often had to jump between many apps and websites to book hotels, find attractions, arrange transportation, or get personal recommendations. This created confusion and wasted time. We worked with JTI to build a single mobile app that brings everything together. Be it hotel bookings, attractions, transport, and tailored suggestions. The JTI app was created to make trip planning simple, support local businesses, and improve the overall travel experience for Malaysian tourists.
Uvendtech - Smart User Centric Vending App
UvendTech, a vending machine operator in Malaysia, had recently upgraded to a new fleet of smart vending machines. However, the pre-installed software created multiple challenges: it was rigid, didn’t support local payment methods, made daily operations difficult, and lacked smooth backend integrations for easy management.We developed custom vending software to address all these gaps. Our team added local payment options, streamlined backend integrations, and simple management tools. This turned the machines into a user-friendly platform that was easy to operate, efficient, and ready to scale.
Showdrop - Custom Vending Software
Showdrop brings a new product sampling method to people. It does so with smart vending machines placed in busy grocery stores. Instead of awkward handouts or random freebies, shoppers can simply walk up, tap the screen, and grab a free sample on the spot. We helped turn this vision into reality with vending software that powers the entire experience. Now, shoppers get uninterrupted product samples, and brands finally have the tools to measure the impact and engagement without the old “guessing” method.
PrayOS Kiosk App - Donation Made Easy
PrayOS is a business that helps individuals and religious organizations stay connected in meaningful ways. People were facing challenges in expressing their prayers and supporting their community. This is where the client decided to use tech to help people feel connected to their faith. We worked with PrayOS to create a kiosk system that would allow people to submit prayers for both the living and the deceased. They’re easily able to make donations and receive support from their leaders. The kiosk is powered by AWS, ensuring reliability and top-tier security.
Photobrick - Photo Recreation Kiosk Application
Photobrick is a creative photo recreation kiosk app built by Linkitsoft. The client’s goal was to turn cherished memories into pixelated brick art that people can design, connect with, and pass on. It was an interesting take, but it came with a challenge. Building a user-friendly app that transforms photos into custom brick templates. Our solution brings this imaginative idea to reality with smooth functions and an engaging design experience.
Jood - Donation Kiosk Application
Jood is a custom donation kiosk app built by Linkitsoft. It makes the donation process a whole lot easier. Many organizations struggle with tracking, managing, and collecting donations effectively. Our client wanted to build a platform that solves that. We built Jood. It solves this by offering an intuitive, secure platform that guarantees transparency and ease of use. This helps the client keep proper records with less hassle and more impact.
Vendy - Vending Machine Application
Vendy is a modern vending machine app developed by Linkitsoft. It transforms how users access snack and drink vending machines. The problem our client came with was the struggle of locating vending machines. Their goal was to make vending super convenient. So we built Vendy. Here, users can locate nearby machines and even pre-order for quick pickup. It’s built to enhance user experience while giving vending businesses a tech update.
Johor Environmental System - Sustainability-Focused Mobile App
Johor Environmental System is a sustainability-focused mobile app developed by Linkitsoft. It empowers the Johorians in their eco-conscious journey. The client’s complaint? Environmental problems. So we built a platform that’s packed with tips, resources, and tools. It helps users reduce waste, save energy, and discover eco-friendly products. We made a solution designed to promote sustainable living while supporting local green initiatives.
COLBR - Secure Investing for everyday
The goal of COLBR is to enable everyone with reliable investment information and tools. Our Secure Investing Web App breaks down barriers by offering low minimums, a fully digital process, and a unique secondary market. Whether you're a seasoned investor or just starting, our platform has everything you need to make smart investment decisions.
Advantages of the Fixed Price projects
Custom software development projects that are fixed price have predetermine project processes and roles for all parties involved. Fix price is more than just a pricing model. Scope, time, and cost, the three main limitations of the well-known Project Management Triangle, are all fix.
The best conclusion for all parties is that they can’t go over budget. The scope needs to be established first. The requirements for the product should come from the client. The contractor will then figure out the cost and schedule after that.
As a result, it is simpler for the project manager to oversee the development of the app. The team maximizes the accuracy of their estimations while the contractor accepts greater risks.
You’ve now complete all the requirements and specifications and are prepared to start working with your vendor on your new project. But first, consider all the advantages and disadvantages of a fix-price agreement. You should weigh all of your options because your cash and product are on the line.
Some of the key advantages that a fixed-price project has to offer are.
Transparency
You bargain the price and decide where the project will go from there. Additionally, you have a set deadline, which is very advantageous for more effective business planning. Because you can monitor the development progress as it hits each milestone, it is also a lot simpler to manage.
Regular updates from the developers to you will encourage open communication and cooperation between you and your outsourcing company.
Gradual Progress
Certain milestones will be met by your software development partner throughout the development process. Your partner will show you a fresh build with new features at each milestone. Furthermore, the team will showcase new features and enhancements regularly, allowing you to track the project's progress.
That way, you can be as involve in the process as you need to be while staying ahead of the delivery timeline. The final milestone will be devoted to product testing and refinement.
Predictability
For the results to be predictable, you must work with a dependable vendor who has a proven track record of success in delivering similar projects.
When you work with Linkitsoft's developers, you can be confident that you will get exactly what you pay for. Furthermore, this collaborative approach is predictable, and if you choose fixed-price project development, you can be certain of the outcome.
Fixed Budget
A client knows how much money it will take to construct an app using a fixed-price project model. The overall cost of the project is specify in the contract and remains constant.
Fixed Deadlines
As the app's specs are plan, a client receives a ready app on the predict date. Additionally, knowing the deadline allows the client to organize post-launch activities.
Little Management Efforts
As the app's specs are plan, a client receives a ready app on the predict date. Additionally, knowing the deadline allows the client to organize post-launch activities.
Awards & Recognition
We thrive on accelerating the path to disruption and implementing agile methodologies to design, build, deliver, and scale digital solutions. Our future-proof, growth-centric tech has earned us notable awards and recognition across industries and regions.
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What we Offer?
Quality Results
The fixed-price project reduces the costs of monitoring hourly contractor performance, allowing more time to be focused on monitoring the quality of the outcomes.
Ease of Working
Your project's appearance is made plain to you by well-stated specifications and criteria with specifics, and it is broken up into discrete tasks to make working on it easier.
Determined Expenses
The team has a predetermined budget that they must adhere to while deciding on expenses. The total cost never goes over the allocated amount.
Flexibility
We have agile commercial agreements in place that allow you to change the scope of your product as you go.
Full Cycle Services
Through our Discovery Workshop, we may initially engineer your requirements in addition to designing and developing your product.
Timely Delivery
Our fixed-price projects are assure to be deliver on time when a target and deadline have been establish.
Discovery Team
During a fixed-price project offering, we offer a group of resources to assist you in brainstorming multiple outcomes for your project so that our digital solutions can be offered in advance.
Dedicated Support
At the beginning of a fixed-price project, we prioritize the needs of our clients and offer a continuous 30-day warranty, round-the-clock assistance, and clearly stated SLAs to ensure that their business activities continue.
Reliable
Offering a fixed price with no hidden fees. We commit to what you need to build only when we fully comprehend it. With a client satisfaction percentage of over 95%, we are happy to introduce you to previous clients.
Peace of Mind
When a customer chooses the fixed-price project model, we handle every step of the project's completion, offering them peace of mind so they can concentrate on their core business operations.
Immediate Starts
You don't have to deal with the stress of recruitment, infrastructure setup, or numerous staffing hazards and concerns. We assist you in quickly ramping up and getting start on your project.
Senior Team
For the course of the project, highly skill senior-level cross-functional teams, including technical project managers, developers, designers, and QA experts, are assign.
Security
By upholding stringent NDAs, work is protect by IP and secure, posing zero risk in exchange for security. There’s no need to be concern about your ideas and code base being stolen because you’re fully secured by normal “Work for Hire” agreements and NDAs.
Why Linkitsoft
To select an appropriate price model, you must first assess the extent of your project, the time frame, the budget, and the amount of engagement you desire and can afford. Linkitsoft has worked with multiple fixed-price projects and can guarantee a reliable fixed-price project service. We are qualified to analyze your business requirement and advise you on an effective fixed-price model which is most suited to your project’s specific needs.
You may always contact our staff if you need assistance selecting the fixed price model or want a precise estimate on your project.
