We hear you loud and clear! Many of our clients have expressed a desire for deeper collaboration and a move away from the quote-by-quote process. Traditional hourly rates can feel restrictive, and fixed prices might not always capture the complexity of your needs. That’s why we’re thrilled to announce the launch of our innovative credit-based invoicing system! This system offers ultimate transparency and flexibility, allowing us to work more closely with you on your projects. Here’s the key difference: Credits represent effective work units, not just time. When we estimate a project’s cost, we consider both the time required and the inherent difficulty, ensuring a fair and accurate price that reflects the true effort involved.
How Projects Get Priced: The Formula
The credit cost is calculated using the following formula (rounded up):
Where:
- Credits: The amount of unitary credits a single task or project could cost.
- Difficulty: This reflects the complexity of the project measure in a scale from 1 to 10.
- Time Required: The estimated number of hours needed to complete the project. based on the average times we measure from past projects.
- Urgency: How quickly you need the project finished? We offer three urgency levels:
- Not Urgent (U = 1)
- Required Within a Month (U = 1.2)
- Required Within a Week (U = 2)
Here, ‘a’ and ‘b’ are multipliers that allow us to fine-tune the equation for optimal pricing balance.
Tailored Credit Costs: Meeting Your Needs
We understand that your monthly service needs may vary. That’s why we offer a flexible credit cost structure. You simply select the number of credits you anticipate needing per month, and our system calculates the individual credit cost based on a linear formula, as shown in this graph.
This ensures you only pay for what you use, with cost savings for larger units purchases.
But that’s not all! We understand the importance of efficiency and value for larger projects. As you commit to larger credit purchases within the system, we’re exploring ways to reward you with cost savings. This creates a win-win scenario – you gain the flexibility of a pay-as-you-go system, while purchasing larger credit bundles unlocks additional cost benefits, making it even more economical to tackle those bigger initiatives.
This approach fosters a transparent and cost-effective partnership. You have the control and flexibility to manage your project needs, while we’re dedicated to providing a streamlined service experience that maximizes your budget. Together, we can achieve more!
In Summary:
Our credit-based invoicing system provides a clear and predictable pricing structure. You’ll know exactly how much a project will cost upfront, with no hidden hourly fees. Plus, the flexible credit cost system caters to your specific needs, ensuring you get the best value for your money.
Ready to Experience the Future of Invoicing?
Contact us today for a personalized consultation and to learn more about how our credit-based system can streamline your project management!
Disclaimer
It’s important to note that this is just the first step in our journey towards a more efficient quoting system. We’re constantly learning and evolving, and we value your feedback. As we gather your insights and put the system to the test, we anticipate making adjustments to ensure it delivers the best possible experience.
Think of this as a sneak peek behind the curtain! We’re excited to share this initial approach with you and continue developing a system that simplifies the quoting process, saves you valuable time, and allows us to collaborate more effectively. Stay tuned for future updates as we refine and perfect this exciting new tool!
No Comments yet!