Kiandra Insights

Fear of being overcharged by a software development company and how to make a good assessment

Cassandra Wallace - Head of Software Engineering
by
Cassandra Wallace
Head of Software Engineering
|
December 9, 2024
Cassandra Wallace
Head of Software Engineering
December 9, 2024
Woman looks shocked as she reads an invoice

Are You Paying Too Much for Technology? One of the biggest fears technology buyers face is overpaying for a solution from a software development company. It’s a valid concern—nobody wants to invest significant budget only to feel they didn’t get what they paid for. The question is, how do you ensure you're getting true value without compromising on quality or outcomes?

Here are 5 key things to look for in a software development company to gain peace of mind that your investment is worth it:

1. Transparent Pricing

Good software development companies clearly explain what you're paying for—whether it’s hours, features, or ongoing support. Look for itemized quotes that show you exactly where your money is going.

2. Proven ROI

Ask for case studies or metrics that show how the software development company’s solutions have delivered measurable results for similar businesses. If they can’t prove their value, it’s a red flag.

3. Alignment with Your Goals

A great software development company doesn’t just sell you something; they take the time to understand your unique needs. They’ll ensure their solution fits your goals—not just their sales targets.

4. Governance and Accountability

Avoid budget overrun by selecting a software development company with strong governance frameworks and focused on delivering quality, de-risked solutions. These processes might make their services a premium option, but they’re also a sign of long-term value and reliability.

5. A Collaborative Approach

Beware of a software development company that take a “set and forget” approach. Look for those who involve you in the process and provide regular updates to show progress and align with expectations.

A “cheap” solution isn’t always a good investment. The right vendor will provide clarity, value, and outcomes that justify the cost.

Another step you can take to ensure project success is selecting the right software development partner.

Download Kiandra’s selection criteria checklist to learn more.

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