We offer a wide range of Costing models for Small and Medium Businesses to manage Services within their planned budgets. Below tables provides a overview of all the Costing models we offer.
/ MonthlyRetainer Model
- Dedicated Team assigned for the Project
- Minimum of 0.5 FTE per month needed
- 10% off on standard rates for Retainers
- Weekly Work Report submitted by Team
/ FortnightlyTime & Material Model
- Scope variations due to Business Changes
- Daily Time sheets are maintained
- Timesheet published weekly for Approval
- Weekly Project status progression review
/ WeeklyFixed Price
- Clear Scope definition from the Client
- Scope frozen after Discovery Phase
- 10% spill over tolerance allowed
- Weekly review to Control the Scope
/ Half yearWork packages Model
- Purchase of work packages (hours)
- Work assigned on need basis to Team
- Non-utilised hours carried to next month
- Non-utilised hours expires after 3 months
/ QuarterlyShared Services Model
- Customer has very intermittent work load
- Team shared with other Client Projects
- Resources assigned when ticket is created
- Internal KT to multiple Team members
/ MonthlyMVP/MVC Pricing Model
- We offer Fixed price for MVP and MVC
- Special Rates to meet budget Constraints
- Scoping workshop is done at free of Cost
- Definitive Targets are agreed for launch
We offer flexible Costing models to create a win-win situation for the Clients. We focus on value generated for our Clients instead of hourly rates. The reason we are in Business is because of our Customers. So, it is important for us that our Customers’ Customer are happy.
TERMS AND CONDITIONS
° No advance payment is taken from the Client
° Timesheet will be maintained on a Weekly basis and sent for approval to the Client
° Invoice will be raised on the first day of the month and Pay term 15 days net
° Client can cancel the contract with 2 weeks’ notice period. In such an event, ITERON will hand over all code, documents and other intellectual properties of the Client.
° ITERON will respect the hierarchy of the Client and will not involve in any unwarranted activities in other Projects or domains or with Suppliers and Customers of the Client
° ITERON declares that all the deliverables will be directly done by its own personnel from its delivery centers and not use any subcontractor
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