There are many reasons why companies prefer building software solutions in-house and most often they usually end up over-estimating their capabilities.
Outlined below are some common fallacies which lead companies to build their own solutions:
- The need to make ‘full use’ of their technology professionals since they are already being paid a salary. The thinking here is that employee-built solutions are a better option for the company since ‘they know the company best’.
- The notion that ongoing maintenance and support will be ‘free’ if done in-house, not realizing that software needs constant updating and attention and that even the slightest change in the usage pattern could reveal a bug which could cause major issues.
- The belief that they are able to maintain back-up and restoration, not realizing that cloud-based (SaaS) providers have invaluable expertise in keeping their infrastructures available and running, ensuring zero risk of data loss at very affordable prices.
- The lack of understanding of per person per-project productivity (cloud-based providers can offer this)
It makes sound business sense for a company to focus its IT resources on activities that support its core competencies and not get distracted by re-inventing the wheel. Therefore, the conclusion to this argument would be – unless a company has a unique offering or process – there is really no need to build a SaaS product from scratch …especially in the world of cloud-based timesheets.
Replicon’s hassle-free, cloud-based timesheets are far superior to any in-house time tracking solution. This is due to constant updates, the strictest security standards, seamless upgrades and maintenance, and much, much more. Replicon’s 1.5 million users worldwide would be hard-pressed to build a solution that will come close to what they currently enjoy.
Replicon has invested a great deal to ensure that nothing comes in the way of making its clients more efficient and productive. An in-house solution would find it impossible to do the same.