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Build vs. Buy Model When it Comes to Billing Software
Deciding whether to build your own billing software or purchase an on-demand service is an important step that requires some careful thought into what your business objectives are.
This paper compares build versus buy models of modern billing systems. Use it as a resource to determine, based on your core business objectives, which approach best fits your business. Some key questions to ask yourself before deciding are addressed in this paper, including:
- Can you scale server, storage, network, and personnel?
- Do you have a qualified internal team available to provide support and maintenance for a custom system?
- How likely is it that your business requirements will chance over the life of your system?
- And more.
Read more inside to learn how to build a business case for a billing system as well as key decision points that companies face when they’re evaluating whether to build to buy their new software.