How Much Does It Cost To Create An App Like Workday
The COVID-19 also gives a boost to e-signature apps. According to stats, the use of e-signature apps is increasing and is expected to hit the market value of $9,073.1 million by 2023. Companies that adopt e-signature business may reduce the handling of paper management and reduce the expense as well. This becomes the reason 55% to 79% of the company’s savings are shifting towards the e-signature app.
If you create an e-signature app such as workday, it helps to cut down the document handling cost by about 85%. Developing a workday app for your business offers lots of benefits, as it improves work efficiency, increases productivity, and boosts employees engagement. Not only this, but it also helps to manage the financial and HR functions efficiently.
If you decide to develop the workday app, but wondering how much does it cost to make a workday app. So, let’s get into this blog to learn about the cost breakdown to develop this app.
Cost To Make A Workday App For Different Versions
Different apps have different development costs that are associated with several factors such as location, developer cost, app complexity, etc. For example, if you want to develop the workday app, so you have to comprehend each state has a different economy, which is why the hourly rate of app development cost varies in different countries of the world.
Source: Business Of Apps
The cost of app development also varies according to the highest-paying cities.
1. Cost To Make A Simple Version Of Workday App
The cost usually varies on different kinds of functionalities you want to add to your app. Suppose you want to make your app simple and easy to use without any API integrations, so below you read the cost breakdown structure for a simple version of the workday app.
For Basic Version | |||
Development time | Middle east | South America | North America |
500 hours | $80 per hour | $118 per hour | $150 per hour |
Total cost | $40,000 | $59,000 | $75,000 |
2. Cost To Make A Medium Version Of Workday App
To make your work more effective and efficient many organizations are looking for the medium version of the workday app. In this version, you have a user interface with different adaptations, such as API interaction, tablet adaptation, and payment functions, etc. You can even integrate backend functionalities in this version. So, here is the cost breakdown for a medium version of the workday app.
For Medium Version | ||||
Development time | Middle east | South America | North America | |
600 to 800 hours | $80 per hour | $118 per hour | $150 per hour | |
Total cost | $48,000 – $64,000 | $70,800 – $94,400 | $90,000 – $120,000 | |
3. Cost To Make A Complex Version Of Workday App
If you want to get the complete version of a workday app that offers amazing functionalities and features, then you have to pay a huge amount for the bigger challenges. Below you read the cost breakdown chart for a workday app.
For Complex Version | ||||
Development time | Middle east | South America | North America | |
900 to 1800 hours | $80 per hour | $118 per hour | $150 per hour | |
Total cost | $72,000 –$ 144,000 | $106200 – $212400 | $135,000 – $270,000 | |
Cost To Develop Basic Features In Workday App
1. Reporting Dashboard
In a workday app, a dashboard is one of the important features. That gives accessibility to check the company’s visual performance. It provides visual charts and graphs to check the company’s performance.
2. Organization Chart
This is the representation or a chart that conveys the internal structure of a company in detail. For example, the roles, relationships, and responsibilities between persons. It shows the graphical relation between one person to another.
3. Coworker Profile
This feature includes the metrics of employees working in an individual team. It allows employees to check in and out, submit the task, browses the important updates.
4. Watchlist
The watchlist feature provides an easy to manage tasks, review the team performance, and give feedback about performance. It sends reminders and notifications alerts that require more attention
5. Real Time Management
It is essential to secure your data at your fingertips and take immediate action in order to maintain a good relationship with your employees. It allows you to stay up-to-date and get a quick insight into employee performance.
6. View Payment Statement
For employees, it is essential to overview the payment system gradually and have authorized access to work efficiently.
Basic features | Timeline | Estimated cost |
Reporting Dashboard | 45h | $2,000 – $2500 |
Organization chart | 70h | $15,000 – $25,000 |
Coworker profile | 40h | $3,000 – $7,000 |
Watchlist | 25h | $1,500 – $2,000 |
Real time management | 35h | $10,000 – $15,000 |
Payment dashboard | 30h | $1,700 – $2,000 |
Benefits To Develop The Workday App
To deal efficiently with your teammates, everybody prefers convenience. However, “Convivence is the for most people to increase the productivity.” The apps allow you to access different sorts of data directly from your phone. So, in this digital age, you have the authority to work remotely and by integrating the workday app.
If you want to know, why do you need to use the workday app? Then, read the points discussed below;
- It helps to heighten your work security
- It helps to manage the work efficiently
- It helps to track your workflow
- It helps to improve client experience
- It helps to increase collaboration with employees
- It is a cost-saving tool
- It is easy to use across countries
- It helps to increase the work productivity
The Total Cost to develop the Workday App
If you want to conduct your business efficiently, you may understand that how much it is important to create a workday app. The total cost of the workday app varies as the app complexities. The estimated cost for the basic version starts from $40,000 – $270,000. It is also affected by regions and per-hour rate charges.
How much does it cost to make a workday app?
The cost to make a workday app range as per the features you want to integrate. For basic version $40,000 – $7500. For modern version $48,000 – $120,000. For complex version $72,000 – $270,000.
Is It worth using a workday app for your business?
Yes, it is because this helps to improve your business operational activities and improve work productivity.