Build vs. Buy Software: Tailor-made or off-the-shelf?

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11 May 2020
United States

When it comes to providing a seamless customer experience, finding the best software for your business is often like buying a new suit: one size doesn’t fit all.

The basic expectation is that a software solution will improve the way your business operates, having a positive knock-on effect on your profits. Moving past that essential point, the biggest decision you are likely to face from the outset is whether to invest in a custom-fit software tailored to your business or whether to purchase a prebuilt off-the-shelf solution.

Both options come with pros and cons; a thorough understanding of the needs and resources of your lending business is crucial in finding the best fit for you.

News article details

Industry or Business Focus
Banking, Corporate Banking, Retail Banking
Media Type
News Articles
Geographic Focus
North America