Our Software Development Pricing Model
We deliver software development services according to the Time and Material model to offer you full transparency, control, and competitive pricing options. Explore our software development pricing options designed to provide you with the maximum ROI.
10
+
Years in Software Development
12
+
Countries we worked with
5.0
Average referral Clutch rating
91
%
Average team NPS
Simplified Payment Process for Your Software Development Needs
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Time & Material
We charge our partners based on a time and material pricing model. This approach is highly flexible and ensures that you pay for the actual work done on your product. It offers greater transparency, allowing you to see where your investment is going and providing full control over your budget.
Monthly Invoices
To make your financial planning even more convenient, we provide our partners with monthly invoices. At the beginning of each month, you will receive a detailed invoice that outlines the work completed in the previous month, making it easy to track your progress and expenses.
Multi-Currency Payments
Our pricing model accommodates multi-currency payments: USD and EUR. This feature allows our partners to make payments in their preferred currency, simplifying international transactions and ensuring a hassle-free financial experience.
Payment Flexibility
We understand that different partners may have unique payment preferences. With our payment flexibility, you can choose from various payment methods, including SEPA and Swift. This flexibility ensures that you can pay in the manner that best suits your business and financial needs.
What Influences The Cost of Software Development
At Techstack, we believe in complete transparency when it comes to pricing. The rate of our services depends on several key factors that we clearly outline for all our partners.
Full-cycle software development
Scope and complexity
Specific product requirements
Technology stack
Timeframe
Extended team
Skill set
Seniority level
Technology stack
From Consultation To Custom Offer
At Techstack, we're not just building software products, we're building relationships. We're here to guide you through every step of the process, from the initial consultation to delivering a custom offer that aligns with your goals and budget.
01
First consultation
Our partnership begins with an initial consultation. During this meeting, we engage with you to gain a comprehensive understanding of your project. We encourage you to:
Share your vision and project goals.
Describe your specific needs and challenges.
Outline your expectations, budget, and timeline.
02
Needs analysis and planning
After the initial consultation, we analyze your project needs in-depth. This phase includes:
Defining the scope and functionalities of your software.
Conducting feasibility studies to determine the project's viability.
Creating a project plan, including milestones and timelines.
03
Customized offer
Based on the insights gathered during the initial consultation and needs analysis, our team creates a customized offer tailored to your project's specifics. Our pricing model is designed to provide you with the best possible return on investment.
This offer includes:
A detailed project overview (cost and feature breakdown, technology stack, and number of supported platforms).
Team composition with CV samples.
Development costs and cooperation model.
Expected risks.
04
Engagement phase
Once you receive the offer, we start to collaborate closely to address any questions or concerns you may have. We're here to ensure that all aspects of the proposal align with your expectations. Our team doesn’t need any deposits or upfront payments to start our development journey. When you're ready to proceed, we sign the Master Service Agreement (MSA) and Statement of Work (SOW) to get started on turning your software vision into reality.
Why Partner with Us
Experienced project managers
We’re fortified with seasoned project managers who are not just experts in their respective fields but are also dedicated to the success of your project. When it comes to agile project management, the Scrum framework is a shining star, enabling teams to work collaboratively, iteratively, and efficiently. At the heart of Scrum lie two crucial elements: thorough sprint planning and fine-tuned workflows.
Middle and senior experts
We take pride in our diverse team of middle and senior experts who bring a wealth of technical knowledge and hands-on experience to your projects. All our experts share an open mindset and a “can-do” attitude. These dedicated professionals are ready to take on a challenge even when many are not ready to look for solutions for growth.
Product-first approach
Product-first approach is what makes us stand out of the crowd. While developing your software product, we dedicate substantial efforts to refining our product development strategies. With a steadfast commitment, our product team delivers a top-tier product to add significant value to your business.
Expert technical support
Partnering with Techstack opens the door to our vast expertise, covering over 10 diverse industries and 11 technical domains. We’re more than just software development vendors, we’re your tech partners and advisors, providing access to 9+ years of our expertise, knowledge, and resources.
What Our Clients Say About Us
Request a Free, No-obligation Quote
Kate Nyzhehorodtseva
Business Development Manager
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01
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02
Meet with Kate and discuss your team needs
FAQ
How much does software development cost?
Determining the exact cost of software engineering is quite challenging due to the numerous variables involved.
Factors such as the complexity of the project, the number of features, and the expertise level of the developers can significantly influence the total cost. Therefore, it's difficult to provide a definitive figure without considering these specific details. We try to provide the most accurate estimates based on our experience and expertise.
How is the cost of software development calculated?
Calculating the software development budget is not a straightforward task as it involves careful analysis of your specific needs.
We take into account the features you require, the complexity of the project, and the number of platforms the software needs to be compatible with. These factors together help us estimate the cost involved in developing a bespoke software solution.
What are the hourly software development rates?
Hourly software development rates can greatly vary and depend on a range of factors.
These include the level of expertise and seniority of the developer, as well as the specific type of development services required. For example, let’s take a small product. A $30-per-hour developer will need 100 hours, and in most cases, the product will require further improvements. However, a $45-per-hour developer will need just 50 hours and the quality of the product will be superb. When speaking about the development of software products, it’s better to consider the overall costs, not just the hourly rates.
What are the software development cost factors?
Software development is a complex procedure that requires careful planning, coordination, and execution.
The cost of software development can significantly vary depending on the chosen model of cooperation, whether it's an extended team or full-cycle software development. Different factors influence the cost, making each software product development process unique in terms of budgeting and resource allocation.
How to reduce software development cost?
At Techstack, we adopt and follow the Agile methodologies for faster, iterative development and feedback,
which helps in early identification and rectification of issues that, in turn, can help reduce software development costs. Implementing DevOps practices can streamline processes, improve collaboration, and automate repetitive tasks, thereby reducing time and cost. Lastly, investing in employee training and skill development can enhance productivity and reduce the need for expensive external resources or rework due to errors.
What affects the software development costs?
Software development cost is primarily influenced by the complexity of the project, including the number of features and their intricacy.
The experience level and rates of the development team, as well as the time frame for completion, also significantly impact the cost. Lastly, post-development services like maintenance, updates, and customer support can add to the overall expense.