SuperFi Saved $60K On Annual Hiring Costs - Here Is How They Did It

Summary

Outsource your software development tasks for cost-effective & efficient solutions.

• Remote developers can make a considerable difference to your business.

• The cost savings are significant with outsourcing.

• Put your concerns for quality, communication challenges, and team management at bay.

• Evaluating the overall value and aligning the outsourcing strategy.

The benefits of hiring a remote team extend beyond cost savings, offering a more versatile, diverse, and adaptable workforce conducive to modern work dynamics. SuperFi Finance saved over $60k on annual hiring costs by outsourcing to Acquaint Softtech. This is how they did it: 

Introduction

SuperFi is a platform that has the best solution to ensure you do not fall into the debt trap. It has the perfect solution to allow you to manage all your debt in one place proactively. This is a highly successful platform, but it has become possible only after the exceptional effort of the highly skilled team from Acquaint Softtech. 

We provided an affordable remote developer and much more. This article provides insight into how their smart business decision to hire quality remote developers from Acquaint Softtech helped them save big on development costs and ensure they gain a state-of-the-art solution.

The SuperFi Project

Our client had a wonderful business idea pertaining to solving the common problem of credit card debt. They chose to outsource the website and mobile app development to Acquaint Softtech once again as they had done in the past with another project. 

As per several surveys online, the average credit card debt per household in the UK is over 2000 pounds. SuperFi Finance's idea was to help such users better manage their debt. 

Their solution involved designing an online platform for users to manage their credit cards, use a tool to calculate time to being debt free and be rewarded for timely payment. The app had several other features like expert guidance for improving the credit score, ongoing debt support, viewing debt at one place, an administrator panel to manage the FinTech solution and much more. 

An expert team of professionals from Acquaint Softtech built a website and mobile app for SuperFi. We did more than providing a remote team. We also played an integral role in developing the business plan. 

The Challenge

SuperFi Finance had several options, like almost every business has, which is to either set up an in-house team or to spend time searching and interviewing developers in the quest to find the perfect team. 

SuperFi Finance had an incredible concept; however, they were not sure how to execute it; besides this, they were eager to make their solution available to everyone as soon as possible. The quality remote developers at Acquaint Softtech had created a good impression on them with the previous software development project.

They did not waste any time selecting us to develop this Fintech solution. Our team did extensive research to come up with the KPI and project roadmap. We also made a wise decision to develop an MVP first.

The Solution

At Acquaint Softtech, we offered our client. SuperFi Finance, a team of pre-vetted remote developers. Our approach to developing a website and mobile app solution for SuperFi involved an initial brainstorming session. We spent a little extra effort with the UI logic to ensure the interface was interactive and appealing. 

Our skilled developers built an innovative solution with custom features and also took advantage of third-party integration solutions. We built an MVP in record time, thanks to the skill and experience of the team. Besides this, we also extended our support for the MVP solution after the launch for performance optimization and more.

By choosing to outsource their project to us, they gained access to specialized skills. They also benefited from cost-effectiveness, faster development times, and flexibility in scaling resources. The highly experienced team at Acquaint Softtech made sure to overcome communication challenges and differences in time zones as well.

The Outcome

Our innovative Fintech solution with custom features was accepted well by the client and they successfully launched it. Special care was taken to ensure platform uptime and availability. We also conducted research pertaining to compliance with the financial regulations and successfully implemented it. SuperFi Finance was very pleased with how the website and mobile app turned out, and we received several good reviews for our efforts.

By hiring quality remote developers from Acquaint Softtech and outsourcing their projects, they were able to reduce their costs dramatically. It eliminated the labor cost of hiring in-house staff and investing in office space, equipment, software licenses, and other infrastructure. Besides this, it gave them access to a highly skilled talent pool as well. 

How Did SuperFi Benefit By Hiring a Remote Team?

SuperFi Finance prefers to outsource its software development requirements and has already developed several projects using this method. They find it more beneficial to trust a professional software development company like Acquaint Softtech than to set up a team in-house.

They benefited in many ways by opting to outsource, with the main benefit being the reduction of cost:

• Cost-effective: By outsourcing to Acquaint Softtech, they eliminated the need to invest in additional infrastructure, recruit talented professionals, and set up the necessary resources. They also saved on recruitment costs, paying salaries, insurance, and more. 

• Less effort to find good talent: By opting for a highly experienced and reputed software development firm, Acquaint Softtech, they were able to save considerably since it reduced their effort to find quality remote developers. 

• Greater flexibility: It gave them more flexibility in running their business operations and reduced the overhead costs of hiring additional employees and additional infrastructure. 

• Scale their operations: They gained the opportunity to scale their operations easily. This was essential to their business model, especially since they chose to develop an MVP. 

• Increased Productivity: With this increased flexibility, they were able to increase their productivity and make better business decisions. 

• Broader Talent Pool: They benefited from that extensive talent pool at Acquaint Softtech, thus eliminating the need for them to consult experts or hire any professionals. 

• Work-Life Balance: They were able to attain a better work-life balance by outsourcing the development process. This, in-turn, also helped them in their business activities. 

• Diverse Perspectives:  The cultural diversity played the role of fostering innovation and creativity through diverse perspectives, thus resulting in the development of a state-of-the-art project. 

At the end of the day, the main reason SuperFi Finance chose to outsource their project development to Acquaint Softtech was our good track record and the fact that we are reliable & and provide affordable remote developers. This was an excellent business decision since it helped SuperFi Finance save over $60K on annual hiring costs.

Make Smart Business Decisions

The best method to optimize your business operations is to outsource your development requirements. Hiring remote developers is a smart decision and can help save a great deal of time, money, and resources. 

SuperFi made a good business decision by choosing Acquaint Softtech to build an innovative solution. They not only saved a lot in the process, but their decision also ensured they had a next-generation website and mobile app that served their business goal. 

Acquaint Softtech is the ideal firm to hire remote developers. Take advantage of our 15+ years of experience in providing expert assistance to businesses across the globe.  Get in touch with us if you need to outsource your software development project.