Engagement Models

The engage models adopted by Synesco are

Time & Material Based

T&M model enables the customers to prioritize and decide the scope of the project as it enforces freezing the requirements upfront for forecasting the estimates. The T&M model is based on standard billing rates and helps the client to make better decisions in terms of time and cost investments.

Fixed Cost

Fixed Cost model is generally used in the scenarios where requirements are clearly defined upfront and there is nearly no room for variations. In Fixed Cost model the customers are charged a fixed cost based on the scope of requirements and is generally applicable to the product deployments.

Fixed Fee

Fixed Fee model is a mode of engaging the customers where a fixed amount is charged to the customers on monthly/quarterly/yearly basis and typically the work assignments/resources are managed by customers based on the customer’s requirements and is generally applied to outsourcing assignments. This model helps the clients to leverage the resources as per their utilization plan.