Pricing Policy

    Last Updated: January 2025

    1. Overview

    AlgoSmiths offers transparent and flexible pricing for all our services. This Pricing Policy outlines our pricing structure, payment terms, and related policies for custom development projects and product subscriptions.

    2. Custom Development Projects

    Fixed Price Projects

    For well-defined projects with clear requirements:

    • Price is determined after initial consultation and scope definition
    • Includes detailed project specification and deliverables
    • Payment typically split into milestones (e.g., 30-40-30)
    • Scope changes may incur additional costs

    Time & Materials

    For evolving projects or ongoing development:

    • Hourly or daily rates based on team composition
    • Flexible scope and priorities
    • Monthly or bi-weekly invoicing
    • Detailed time tracking and reporting provided

    Dedicated Team

    For long-term engagements:

    • Monthly retainer for dedicated resources
    • Customizable team composition
    • Minimum commitment period applies
    • Priority support and resource availability

    3. AlgoERP Setup Services

    One-time setup and configuration pricing:

    • Based on number of modules and customization requirements
    • Includes cloud infrastructure setup on your chosen provider
    • Training and documentation included
    • Optional ongoing support and maintenance retainers available

    4. Payment Terms

    Accepted Payment Methods

    • Bank transfer (Wire/ACH/NEFT/RTGS)
    • Credit/Debit cards
    • PayPal for international clients
    • Cryptocurrency (for select projects)

    Invoice and Payment Schedule

    • Invoices sent via email with payment instructions
    • Payment due within 7-14 days of invoice date
    • Late payments may incur additional charges
    • Subscription renewals auto-charged before expiry

    5. Additional Costs

    The following may incur additional costs beyond base pricing:

    • Third-party services (APIs, hosting, licenses)
    • Premium support or SLA guarantees
    • Expedited delivery timelines
    • Scope changes or feature additions
    • On-site visits or in-person training

    6. Currency and Taxes

    All prices are quoted in USD or INR unless otherwise specified. Applicable taxes (GST, VAT, etc.) will be added as per local regulations. Tax registration details will be provided on invoices.

    7. Price Changes

    We reserve the right to modify our pricing at any time. For ongoing projects, existing agreements will be honored. For subscription services, we will provide 30 days notice before any price changes take effect.

    8. Discounts and Promotions

    We occasionally offer discounts for:

    • Non-profit organizations and educational institutions
    • Long-term contracts or bulk purchases
    • Referral programs
    • Early adopters of new products
    • Annual subscription commitments

    9. Contact Us

    For custom quotes or pricing inquiries, please contact us at:

    Email: [email protected]