FAQs for Startups

Here are some of the most frequently asked questions (FAQs) we receive during our initial meetings:

Q. Who is Veracity’s typical client?

A. Veracity has clients in four primary areas:

  • Healthcare software companies between $30M and $600M in revenue
  • Software companies in energy/oil/gas, education, finance and other verticals with revenue between $30M and $600M
  • Tech-enabled companies who develop proprietary software as a competitive advantage. These companies are normally between $20M and $40B in revenue.
  • Startup software companies that are well-funded and want to rapidly develop software and internal expertise in order to speed up their time-to-market.

Q. What is your typical process for working with a new client?

A. An engagement process with Veracity usually follows these steps:

  • Exploratory discussion to identify areas of need, and determine if it is a mutually beneficial relationship
  • Technical discussion– Sometimes, this is paired with the exploratory discussion. This is where we get into the technical details of what you are looking for.
  • Qualification call– This is where we identify all of the resources that you may need for your project. Prior to this call, we may have already provided you with a number of resumes for potential resources.
  • Documentation– This is the final step before engagement, where we document the relationship by completing a Master Service Agreement (MSA), and/or a Statement of Work (SOW). In these documents, we outline the project, resources, costs, timeline and associated dependencies.

Q. How do you price your services?

A. Pricing is created on a project basis or a retainer schedule. Since the resource needs of each company are different, pricing for each project is customized and presented in the MSA and/or SOW. In general, the cost for Veracity’s expert resources are higher than hiring a traditional employee, however the benefits include a faster time to learning ramp-up and faster time to delivery of software, which easily offsets the costs. Our past and current clients see the value in the price they pay.

Q. What types of clients have you worked with?

A. More than half of our clients are in healthcare software. Due to the stringent requirements in healthcare, this makes it easier for us to be successful in other industries as well. We have worked with startup companies in  industries like education, finance, and energy/oil/gas. Additionally, we have served tech-enabled companies that develop custom software for their business to use internally, as a competitive advantage.

Q. What things should I take into consideration before engaging with Veracity?

A. If you are unsure about your product, your strategy and direction, how many people you will need and the types of expertise, Veracity is happy to help you with these questions by doing a free assessment. There is no commitment, and it will help you clarify what you need to do to get your project completed.

Q. How long is a typical engagement with Veracity?

A. Most engagements last from six months to two years. In many cases, once Veracity has been included on a project, there are other project needs that arise where Veracity’s experts are deployed. It is not unusual for Veracity to be on multiple projects on multiple teams for many years.

Q. What is Blendsourcing?

A. Blendsourcing is the term Veracity coined for integrating with and uplifting our client teams. Instead of outsourcing a project completely, or hiring a team for a critical project that you may end up no needing later on, blendsourcing allows you to integrate critical resources into your team, uplift your best practices and processes, and then when the Veracity team members leave, you are left with improved best practices and processes.

Q. What differentiates you from your competitors?

A. Our people and processes. Veracity has a stringent recruiting process that filters for software development and leadership skills (IQ), as well as emotional intelligence (EQ) skills. Additionally, we train our community to provide consistency of experience in delivering better software every time.

Q. What type of projects have you worked on?

A. Veracity has worked with a variety of startup companies in a number of industries including:

  • Healthcare
  • Education
  • Finance
  • Energy, oil & gas

Q. Do you offer certifications?

A. No, we currently do not offer any certification programs.

Q. What lead time is typically needed for different types of engagements before it can start?

A. Depending on the skillset and volume of the project, we can get started in X-Y weeks.

Q. What frameworks and methodologies do you use in your consulting practices

A. Veracity’s primary software focus is in .NET, Java, Angular, Node for cloud, mobile and desktop. The primary methodology that we use is Agile, though we are versed in those that are widely accepted.

If you have additional questions, please complete the form above.

Free Consultation

  • This field is for validation purposes and should be left unchanged.