Building vs. Buying – Making the case for adopting leading edge time tracking software

Building vs Buying

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.

ABOUT THE AUTHOR
Replicon
Replicon provides award-winning products that make it easy to manage your workforce. With complete solution sets for client billing, project costing, and time and attendance management, Replicon enables the capture, administration, and optimization of your most underutilized and important asset: time.
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