Software Development Company: A Business Leader’s Guide to Choosing the Ideal Partner
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Table of Contents
- 01 Why Choose a Software Development Company?
- 02 What Does a Software Development Company Do?
- 03 What Are the Common Pain Points of Choosing a Software Development Partner?
- 04 Fingent’s Software Development Process
- 05 Technology Stack for Software Development
- 06 Software Development Success Stories
- 07 Advantages of Working With a Software Development Company Like Fingent
- 08 Software Development for Industry-Specific Needs
- 09 How to Get Started With a Software Development Company?
- 10 What Makes Fingent Different From Other Software Development Partners?
- 11 How to Estimate Software Development Costs for Your Project?
- 12 Common Project Management Methods Used in Software Development
- 13 Ensuring Regulatory Compliance and Data Security in Software Development
- 14 Software Development Company FAQs Answered
- 15 Summary and Further Action
Why Choose a Software Development Company?
How Can Fingent Elevate Your Software Development
What Does a Software Development Company Do?
What Are the Common Pain Points of Choosing a Software Development Partner?
- Accurate cost estimates and transparent pricing models based on your business needs and constraints
- Establish a detailed project plan with clearly defined deliverables
- A complete understanding of the scope and associated costs upfront to avoid any last-minute cost overruns
- Figure out if the development partner follows a comprehensive QA strategy to identify and fix any bugs/issues before deployment
- Analyze the tech partner’s previous projects to understand if they ensure quality tests at each stage of development to validate functionality, performance, and security
- Always opt for post-launch maintenance and support, bug fixing, security upgrades, and more
- Ensure the software development partner you choose can offer scalable solutions that adapt to your future business requirements
- Gives you full control over customization, scale, and functionality
- Is flexible to scale up or down the size of your team based on your requirements
- Handles both short-term projects and long-term digital transformation journeys
- Find out if the tech partner adopts built-in security measures with a specialized approach to software development
- Ensure compliance with global data governance frameworks such as HIPAA, GDPR, ISO 27001, and more
- Ask for complete ownership of the custom software licenses and intellectual property rights
- Opt for modern, agile project tracking and management tools (eg: OpenProject, Jira, Confluence, etc.)
- Look for simplified mockups, wireframes, and documentation
- Practice transparent and timely communication
Fingent’s Software Development Process
01Requirements Gathering & Analysis
02Technical Architecture & Design
03Agile Development & Iterations
04Testing & Quality Assurance
05Deployment & Migration
06User Acceptance Testing (UAT)
07Training & Documentation
08Deployment & Post-Launch Maintenance
Technology Stack for Software Development
What Is a Technology Stack?
Key Components of a Tech Stack
Client-Side (Front-End)
Server-Side (Back-End)
How Does Technology Stack Support Software Development?
Benefits of using the right tech stack in software development:
Technology Stack for Back-End Development
ERP
Hosting
Mobile Development
Microsoft
AI Technologies
Databases
Software Development Success Stories
Course Mapping & Pivoting Application
Custom software development for an EdTech solutions provider to render learning requirements in a simple and comprehensive manner.
Philadelphia, Pennsylvania
Education Software Development
Fingent’s Approach :
- Customized application for tracking credit hours and managing courses
- Improved scalability and integration capabilities on web, cloud, and mobile
- Helped establish a pioneering approach to address compliance in education
- Anytime, anywhere access to data through secured user profiles
Solution Benefits :
- 508 compliance - Accessible to people with disabilities
- LTI integration - Interoperability with other education platforms
- 60% reduction in cost and effort spent on course management
The ability to go to conferences and speak about how the app is solving issues related to course alignment while abiding by regulations is incredible.
Substantive Solutions, Inc.
Read Full StoryAI Application to Manage Workers’ Compensation Claims
AI software development to reduce the average case settlement time and cost taken to process employee compensation claims.
California
Law Firms
Fingent’s Approach :
- AI-based application embedded with the client’s litigation strategy
- Employed OCR and AI for smart data extraction
- Intuitive dashboards to derive basic case information at a glance
- Contextual analysis to extract meaningful insights from larger datasets
Solution Benefits :
- 50% decline in claim cycle time and associated personnel costs
- 57% cost-drop for the insurers, carriers, and claim admins
- Average case settlement time reduced to 1-2 days
I have never once questioned the relationship between how much we’re investing and what Fingent is producing.
Sapra & Navarra
Read Full StoryPersonalized Transportation Management System
Personalized transportation management system for Cheetah’s customers to place and monitor orders in real-time.
Houston, Texas
Transportation Services
Fingent’s Approach :
- Web app for dispatchers and admins and mobile app for drivers
- Streamlined and accelerated ordering, tracking, and delivery processes
- Eliminated the need for complex third-party software integrations
Solution Benefits :
- 30% improvement in Turn Around Time (TAT)
- 40% time-saving attained through automated tasks and real-time reporting
- Continuous performance monitoring and optimization
Fingent has built us an end-to-end transportation management solution. The app is used by our customer service reps, dispatchers, truck drivers, and accounting personnel.
Cheetah Transportation Systems
More Success StoriesAdvantages of Working With a Software Development Company Like Fingent
Cost-Savings
Flexibility
Customized Solutions
World-Class Technology
Speed-to-Market
Audience Reach
Software Development for Industry-Specific Needs
Software Development for Healthcare
- EHRs, EMRs, HIE, Clinical Data Systems
- Appointment Management Systems
- Software Tools for Invoice, Billing, & Payments
Custom Solutions for Retail
- E-Commerce Platforms
- Supply Chain Management Systems
- Warehouse & Inventory Management Software
Software Development for Logistics
- E-Commerce Platforms
- Supply Chain Management Systems
- Order Tracking & Fulfillment Solutions
Custom Solutions for Real Estate
- AR/VR Real Estate Software
- MLS Listing Software
- RETS Integration Solutions
Software Development for Financial Services
- Banking & Insurance Apps
- Secure Payment & Money Transaction Solutions
- Investor Portals
Custom Solutions for Manufacturing
- Inventory and SCM Systems
- Data Analytics Tools
- Shipping Management Platforms
Software Development for Education
- LMS & eLearning Software
- Academic Administration Systems
- Education Application Platforms
Custom Solutions for Media
- Digital Asset Management Software
- Desktop Publishing Solutions
- Ad Order & Inventory Systems
Software Development for Nonprofits
- Accounting & Financial Management Solutions
- Custom Software Apps to Manage Funds, Donors, Members, Beneficiaries, etc.
Custom Solutions for Travel
- Booking Engines & Platforms
- OTA-Compliant Travel Software
- Rental Accommodation Management Tools
Software Development for Utilities
- Distributed Energy Management Solutions
- RPA Software for Managing Utilities
- ESG-Compliant Asset Management
Custom Solutions for Sports
- Software for Managing Venues, Events, Clubs, Facilities, etc.
- Athlete Performance Tracking Systems
- Fan Club Management
How to Get Started With a Software Development Company?
Getting Started With a Software Development Company Step-By-Step
What Makes Fingent Different From Other Software Development Partners?
We Have All the Key Software Development Team Roles Covered
How to Estimate Software Development Costs for Your Project?
Any business’s priority is to produce high-quality software. However, keeping the project within your budget is vital for your success. Fingent helps derive accurate cost estimates for your software project based on your specific business needs and constraints.
Project Complexity
Projects with complex features and functionalities might require more development time and resources, leading to higher costs.
Technology Stack
Some technologies, platforms, and frameworks may require more specialized skills or licensing fees, which can impact the project’s budget.
Team Size and Location
Software project costs can vary depending on the development team’s size, skills, experience, geo-location, and demand for niche tech expertise.
Software Customization
Customizing the software often involves additional development effort, which can increase the overall project cost.
Third-Party Integration
The number and complexity of integrations required with existing software or third-party applications can affect the development cost.
Platform Choice
Choice of the target platform where you are going to deploy the software also impacts the project cost.
Common Pricing Models in Software Development
- Eliminates uncertainties. Ensures your team works according to a fixed timeline and budget.
- Clearly specifies the expectations between software development partner and customer.
- Restrictive in scope. Limits the ability to include value-adding features along the way.
- Any deviations to the plan can lead to delayed software release.
- Works best for short-term projects with strict budgets and time, and straightforward requirements
- Simple projects without any sudden and unexpected scope changes.
- Use Case: An MVP version for a basic online store with a precise list of required features.
- Allows for greater flexibility, agility, and creativity.
- The development team can stay on track with a timeline and budget.
- Ambiguities in budget can impact the speed-to-market.
- Continuous project monitoring may be required for project completion.
- Ideal for projects whose requirements are not fully defined yet or may change over time.
- When you want to have full control over the project’s duration, number of resources required, & the final payment.
- Use Case: Complex integrated software that serves many business functions.
- Easy to scale up and down the number of people in the team and replace old resources with new ones.
- Retain greater control over the project and its success by encouraging two-way communication and feedback.
- Retaining greater control over the development team comes with added responsibility and risk.
- Since payments are done directly by the customer to the service provider, it’s hard to predict end costs.
- Best choice for projects where you want a more hands-on role with the developmental phase.
- Suitable when the scope of the project could not be strictly defined and requirements can be changed during the development process.
- Use Case: A startup application that needs to be constantly maintained and enhanced in the future.
Different Types of Collaboration for Cost-Effective Custom Software Development
Common Project Management Methods Used in Software Development
What Is Agile Project Management?
What Is Waterfall Project Management?
Ensuring Regulatory Compliance and Data Security in Software Development
We Adhere to the Top Software Development Compliance Standards
Health Insurance Portability and Accountability Act (HIPAA)
General Data Protection Regulation (GDPR)
ISO 27001
Payment Card Industry Data Security Standard (PCI DSS)
Fingent’s Best Practices to Ensure Software Development Compliance
Regular Security Audits
Conduct regular audits to assess compliance with industry standards and regulations.
Secure Coding
Adhere to proven and acceptable coding standards to protect your software from accidental introduction of vulnerabilities.
Documentation
Maintain detailed records of the development process, including requirements, design decisions, and testing procedures.
Training
Provide employees with training on compliance requirements and best practices.
Testing
Conduct thorough testing to identify and address any compliance issues before release.
Collaboration
Work closely with legal and regulatory experts to stay up-to-date on changing requirements.
Software Development Company FAQs Answered
How long does a software development project take?
What does the software project engagement model look like?
How does Fingent ensure software quality?
How are costs calculated for custom software?
How do you handle post-launch support and updates?
Summary and Further Action
- Cost savings (development affordability, elimination of cost-incurring current operations)
- Time (speed-to-market, adherence to deadlines, lean workflows)
- Capability development, specialization and focus, process enhancement
- Access to technology innovation, valuable partnerships, and alliances
- Stay ahead of the competition, expand market reach
- Technology (platform, OS, development tools, programming languages, etc.
- Industry and domain experience, custom solutions development
- Capacity, capability, availability, and flexibility of the tech partner
- Process visibility (documentation, communication, reports, etc.)
- Project management, performance measures, change management, etc.
- Trust/assurance, contract conformance, ownership, IP, security
- Does the software development partner have a good fit with your company’s strategy and situation?
- Will the software development partner help you build a competitive advantage?
- Will the proposed software solution improve your performance/ time/ cost?
- Feasibility of the suggested software solution. What kind of impact will it have on your existing applications and business functions?
- Have all other internal alternatives been evaluated?
Why Fingent
Quality
State-of-the-art software development with no compromise on quality.
Speed
Create and deliver exceptional software using minimal resources and time.
Excellence
We’ve top tech Certifications, partnerships, and centers of excellence.
Security
We’re ISO 27001 certified. All of our teams receive security training.
Innovation
Stay up to date with modern software best practices and innovative technology.
Talent
Diverse offshore talent pool with experienced developers and tech professionals.
Take a Glimpse of Our Client Voices
5.0
"I’ve felt that I have a real partner in this work since Fingent came in on day one with a comprehensive plan."
VP of Technology & Innovation, Impact XM
5.0
"I like the quality of their deliverables, the timeliness with which they deliver, and the budget."
Co-Founder & CTO, Chemical Safety Software Developer
5.0
"We have complete confidence in the team and plan to use them for years to come."
Director, Trade Alliance Group
5.0
“I was very amazed by what they managed to pull off from my description of our software.”
CEO, Spectrum Exchange Corporation
5.0
"Their team’s knowledgeable, responsive, and professional."
Owner & Director, Mohawk Day Camp
5.0
“I’ve never wondered if somebody else could have done it better, faster, or cheaper.”
Partner, Sapra & Navarra, LLP
5.0
“Their team is completely committed to our success as a client, and they do that with their dynamic team.”
Principal, Substantive Solutions
5.0
"We had a very complex thing that we had to break down, and they made it very easy."
Chief Creative Officer, Eskoa
5.0
“Beyond their reasonable price structure and technical knowledge, their team is reliable and productive.”
Technical Director, Click n Collect Pty Ltd
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