The Growing Threat of Technical Debt
Technical debt costs businesses thousands of dollars a second, and even worse, it ties up resources that could have been invested in innovation.
From Big Idea to Business Launch, FinTech Startup RediPay Takes Off with OutSystems
For FinTech startup RediPay, a robust application portfolio was crucial to launching their plan to change the face of healthcare. Using OutSystems, they brought three complex applications online quickly, saving time and money.
3 applications
9 weeks
Lean IT team
A Small Team With a Big Idea
Challenge - With a lean IT team and limited funds, U.S. FinTech startup RediPay Benefits Corporation needed to get their business off the ground. The idea was to provide software that facilitates the payment of supplemental healthcare benefits to employees. When looking for the most efficient route to build enterprise-level applications with minimal staff and budget, RediPay found OutSystems.
The Right Platform to Take Blueprints to Development
Solution - Selecting, testing, and deploying the OutSystems software was a joint exercise between IT, operations, and finance. They discovered that with the low-code platform, RediPay gained the operating leverage of a large development team at a fraction of the usual time and cost. The company initially built three web applications for internal customer service, sales, and onboarding. Then they successfully completed three more apps, a consumer mobile app, provider web app, and internal/admin web app, in just 9 weeks.
Ideas Realized and Money Saved
Results - Low-code development with OutSystems has led to significant productivity gains for RediPay. Through the use of the platform, RediPay replaced labor-intensive scratch development, along with costly quality assurance, testing, and deployment, at a fraction of the time and cost. The applications play a pivotal role in their business model to transform the face of healthcare by bypassing traditional insurance channels and directly connecting employers and employees to healthcare providers.
"The OutSystems platform has allowed us to deliver three complex applications in an unbelievably short timeframe, getting us to market quickly in order to accomplish our mission of transforming the face of healthcare"
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