RihaTech utilizes time tested and perfect business models to effectively deliver solutions
in line with client necessities. We follow only the best strategies and policies to offer
the right business models for our diverse range of clients. Sometimes, clients do not have
a picture of the right business model in their minds. At this juncture, we recommend the right
business model after we carefully inspect the strategy required to execute the project, the
resources needed to allot to the project and the amount of time that will be spent on it.
Accordingly, we advise the client to utilize one of the following models.
Predetermined Price Approach:
If the system requirements are clearly defined at the outset, then this is the ideal option that
can be taken up by the client. At RihaTech, we quote a specific price within which we carry out the
entire project development. This option provides a low risk alternative for the client as we guarantee
the delivery of the project on time within the budget limits as specified by the client. This model
logically explains the costs involved and deliverables to be expected. For any changes that can occur
later during the project execution, the client is charged a rate that has been previously discussed
and negotiated upon.
Time and Material Approach:
Sometimes, it happens that the client is not sure or it is not so easy to define the scope and
the specification of the project at the initial phase. In this case, the time and material approach
becomes the right option. Under this option, the client pays according to the number of man-hours
that are put into the project. Later on, if the scope and project specifications are determined then
the fixed priced approach can be selected. We thoroughly ensure complete transparency to report the
exact number of hours that we dedicate to your project.
Offshore Hire Approach:
We are fair and honest in all our interactions.
Sometimes, when the client is overseas or if we work for a development center abroad, then we utilize
this approach. At RihaTech, we retain an entire team of software professionals and IT specialists who will
work on an independent basis for offshore clients. You can utilize the resources of our professionals to
work on your offshore development project or even set up your independent offshore development centre.