Often new startup and even established businesses stuck at a point where they need to opt out. Custom tailored software is more flexible to use. You can design the software according to your need. Moreover, using a custom-tailored software is easy to use for some particular group of people who give instructions of logic of the software. But in term of the price custom tailored software comes up with a high price. On the other hand, ready made or built software is less costly. Sometimes the features of the software are also high. As it is built for all companies and a single product can be delivered to all types of businesses. So, a robust software can be sold a minimum cost
Reason of high price
For custom tailored software, programmers need to give full time on a single product. It can not be sold second time. But the ready build software can be sold as many time as possible. The cost of manufacturing can be taken from several clients. For an example if the cost of manufacturing of a software is hundred dollars and if we can sell it to ten customers at a price of twelve dollars (two dollar profit) each then each client needs to pay only twelve dollars for a software which is quite affordable for a client. On the other hand, if it’s a custom development then the client needs to pay the hundred dollars plus the profit for the software which is costly. Even though some giant organizations want to embrace custom tailored software to their business because of their information security, easy simulation and some other factors.
What would we suggest?
Actually, the decision of incorporating a custom tailored software or a ready built software depends completely on you and your business policy. Usually, HR and payroll software, CRM software, Accounting software, Garment commercial software, Inventory management software, POS software and School management software are widely available as ready build software. Other than these software, you might go for custom development. We would suggest you to incorporate a ready built software as it is cost effective and less time consuming for incorporating like if you want to incorporate your software within a short period of time you should incorporate a ready build software other than custom tailored software as custom needs long time of development, testing and implementation but you to give only implementation time to company for their ready built software.