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Deciding between Building and Buying: Evaluating Options for Digital Credentials

July 13, 2023
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Deciding between Building and Buying

In today’s era of digital transformation, companies face a crucial decision when it comes to authenticating certificates or issuing Credible and verifiable certificats: should they build custom software or purchase an existing solution? While there is no one-size-fits-all answer, each business should evaluate its unique requirements. This article explores the advantages of opting for a pre-existing digital credentialing platform like ItsCredible over developing custom software from scratch.

Cost Considerations:

Building software from the ground incurs high initial expenses, but ongoing costs are often overlooked. Regular updates, bug fixes, and adapting to meet accessibility requirements can significantly escalate development costs. ItsCredible offers a fully developed and tested platform that undergoes regular reviews, ensuring security and accessibility. With ItsCredible’s pricing model based on a per-unique-recipient basis or per document basis, businesses can avoid storage expenses associated with an in-house solution.

Integrating Existing Workflows:

Compatibility with current workflows and future scalability are crucial considerations for custom software. ItsCredible addresses these concerns by offering seamless integration with leading Learning Management Systems (LMS), publishing softwares, and support for other integrations and a robust API. Businesses can accommodate a sudden increase in recipients or make internal system changes without additional development.

Implementation and Management Time:

Building custom software often requires allocating employees or hiring/outsourcing developers, diverting valuable resources. Implementing and training staff to use a custom solution takes time, especially when comprehensive documentation is lacking. ItsCredible ensures a smooth implementation and planning process, enhancing team productivity and enabling staff to focus on other important tasks.

Security:

Building software requires constant monitoring to address evolving security vulnerabilities. ItsCredible prioritizes robust security policies, including compliance with GDPR, secure data storage, frequent penetration testing, and role-based access control. The platform ensures the highest level of security for sensitive data.

Accessibility:

Neglecting accessibility creates barriers for recipients. The platform remains compatible with assistive technologies and is accessible across devices and platforms.

Brand Control:

Purchased platforms often lack control or customization options. ItsCredible’s digital credentialing platform provides extensive branding control and white-label digital credentials, allowing businesses to reflect their brand’s personality and maintain full control over design and delivery.

Certificates As Marketing Tools:

ItsCredible digital certificates act as marketing tool for organisations issuing them. One-click shareability allows certificates to increase brand visibility on social media and if clicked, they have the power to increase website traffic and eventually increase leads for issuing organisation.

Making the Choice:

When deciding between build and buy options, businesses should consider specific challenges, budget, and timelines. ItsCredible offers a comprehensive set of features, enabling businesses to quickly enter the market without compromising on quality. The platform supports current workflows and provides expert training, making it an ideal choice for businesses seeking a scalable and customizable solution.

Key Takeaways:

  1. Enhanced control over costs and budget.
  2. Seamless integration with existing workflows.
  3. Reduced opportunity cost by utilizing available resources for company growth.
  4. Comprehensive training provided by an expert team.
  5. Bank-level encryption for data security.
  6. Accessibility for individuals of all abilities.
  7. Easy sharing, verification, and management of digital credentials.
  8. Complete branding control over digital credentials.

Conclusion:

Choosing the right digital credentialing solution is a critical decision for businesses undergoing digital transformation. While building custom software may seem appealing, pre-built solutions like ItsCredible offer numerous advantages in terms of cost, integration, implementation time, security, accessibility, and brand control. By selecting ItsCredible, businesses can streamline their credentialing process, enhance security, and provide a user-friendly experience to recipients while maintaining full control over their brand.

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