Thanks to Our Cost-Effective Solutions, Intellisys Gets a 5-Star Review on Clutch

Software development outsourcing and augmentation can help you alleviate the work and pressure on your in-house team. Also, you can save time and money as well as access greater scalability. We at Intellisys Technology let you take advantage of these benefits whatever your software development project is.

To prove that software development outsourcing and augmentation work, we take a recap of our first review on Clutch, a B2B reviews website.

Intellisys Helps a Healthcare Wholesaler

EBRM, a healthcare wholesaler, had a major restructuring project that exceeded their budget. They wanted to rebuild a system with us because of our expertise and we were cost-effective.

Testing stalled the project at first, but we were able to solve that when we automated the testing process. The client also struggled with their old reporting system, so we also automated reporting.

Another challenge we faced was removing the clutter and the amount of paper that the transactions produced. To solve this problem, we created a solution that routed paperwork to the appropriate areas.

In the end, we were able to fill the gaps in the client’s work — they didn’t have the in-house expertise, so we came in and partnered them. The client has also been happy with the affordability of our services.

“What stands out is their cost. They’re affordable.” — Executive, EBRM

In this ongoing partnership, we make sure the client receives the best of outsourced software development services. They have access to great talent and the latest tech, focus on business, and cost-effectiveness.

We’re proud of what we’ve done for the client, but we’re also amazed by the confidence they have in us. Check out our Clutch page to read their full 5-star review.

Another review is also up on the page for the project we’ve done for a startup firm that needed design enhancement and integration features.

More Recognition for Intellisys Technology

Thanks to the feedback of our satisfied clients, we’ve also made it to other ranking platforms.

We’re one of the top 70 software development companies in Chicago, as reported by The Manifest, Clutch’s sister website.

Intellisys Technology is a global provider of  IT services and solutions, and we offer high-quality and cost-effective solutions to companies around the world. We’re ready to take on any projects you have.

Feel free to reach out! Contact us via phone at (630) 928 1111 or email us at   info@intellisystechnology.com.

Paycheck Protection Program (PPP) Loans under the CARES Act

Coronavirus Aid, Relief, and Economic Security (CARES) Act was adopted on 27th March 2020. PPP loans are open to be applied from

  • 3rd April for small businesses & sole proprietors
  • 10th April for other applicants

Latest version of Application & other details can be viewed by clicking on https://home.treasury.gov/policy-issues/cares/assistance-for-small-businesses

Lenders list is available on SBA website i.e.,https://www.sba.gov/article/2020/mar/02/100-most-active-sba-7a-lenders (or) find zip code wise by clicking on https://www.sba.gov/paycheckprotection/find

Qualified Applicants:

  • Wide range of small businesses as defined under Small Business Administration (SBA) Act
  • Any business with 500 or less employees working in the US
  • Non-Profit Organizations with 500 or less employees working in the US
  • Veterans Organization with 500 or less employees working in the US
  • Tribal business with 500 or less employees working in the US
  • Sole proprietors or self-employed individuals and few others as defined in the Act

Affiliation rule states that 500 count is Company-specific but not Branch-specific.

Qualification Rules:

  • If your business has been suspended or 50% drop in Revenue.
  • Borrower must have been in operation as of 15th Feb 2020.

If one does not qualify for this program, then they may consider applying for Tax Deferral or other programs.

Terms:

  • Lesser of $10 Million or 2.5 times of average total monthly payroll costs incurred during the past 1-year
  • Interest rate is 1% (as per SBA) from the date of disbursement of loan
  • Maturity is of 2 years (as per SBA) period with no prepayment / penalties
  • Repayment begins after 6 months from the disbursement of loan
  • Certification must be provided by the Borrower that they shall not reapply for another PPP loan in future

Proceeds can be used only for,

  • Payroll expenses
  • Mortgage / Debt Interest payments in existence as of 15th Feb 2020
  • Rent / Lease payments in existence as of 15th Feb 2020
  • Utility payments in existence as of 15th Feb 2020

Proceeds cannot be used for,

  • Cash compensation in excess of $100,000 during the year per employee
  • Taxes
  • Non-US employee payroll
  • Qualified Medical / sick leave for Covid-19
  • Few others as specified under the Act

Guidance on Waver of the loan is expected to come soon but primarily, at least 75% of the loan proceeds must be spent towards Payroll costs. This must be separately applied by the Borrower by providing documentation justifying the usage of loan proceeds for allowable purposes.

There is no such thing as an Island when you Outsource

Recently, I came across an outsourcing engagement in a company run by my friend. He was narrating the story and I felt compelled to share with all of you as it opened up an important part of the outsourcing success ingredient. One of the metaphors we always use is ‘it is not a boxing match between the two teams that are located in two corners of the world’. Once you feel this way, the engagement is doomed for failure. Let us come back to this story.

My friend’s company got engaged with a client for doing some of the back-office tasks. The client must have researched enough and was putting in lot of efforts on preparing the ‘blue book’ as they call it. This ‘blue book’ is also sort of a bible for the remote team to follow once they begin the project. The client therefore spent enormous amount of time on two tasks-  one to identify a task that was deemed as a stand-alone (island) and therefore could be sent to the remote team. Second, they took pains to list out the steps in carrying out this stand-alone task.

As you may have guessed, the project began very well. The remote teams even were able to suggest improvements to the ‘blue book’ as they went along. Thru’ out the weekly cycle (the first task was to work on transactions that occur on a weekly basis), the remote team hardly had to discuss/engage with the project sponsor. What happened to the onsite team that was doing this task until now? Where are they?  The remote team had no clue and had probably talked to them once during the kick-off.

Story looks really rosy – this is how an outsourcing should work – auto-pilot almost?

Nah, the disaster came in after 3 months of transition. Why? The stakeholders of the task were blindsided totally during the weekly cycle. Any challenges that they faced, they had no clue to respond to the field /vendors. There was no problem with the remote team’s quality or timeliness. What was missing was the bonding between the onsite and the remote teams. The project manager or what we call SPOC (Single Point of Contact) from the client side did her job perfectly (Blue book, shared folders, access credentials, work allocation etc). However, she did not involve the original team mates all thru’ the process /weekly cycle.

What we learn from the above experience is that there is no such thing as

  1. Stand-alone (Island) tasks in outsourcing.
  2. Teams must meld together from the beginning and must avoid the boxing match syndrome.

We always recommend taking baby steps however nothing must be done in isolation.

FeaturedIntellisys Technology

Intellisys has an impressive track record working with Property Management and Accounting, for owners/operators of Multifamily, Single Family, Commercial/Retail, Affordable Housing, Public Housing, Student Housing and Property Management companies. Our teams fully understand the nuances of servicing the needs of real estate companies by focusing our expertise on real-time task management. We enable you to:

  • Build competitive advantage from superior processes
  • Reduce cost and increase reven犀利士 ue
  • Re-engineer processes and adopt leading technology solutions
  • Improve quality and control by reducing challenges related to regulatory compliance and risk management
  • Enhance scalability and flexibility
  • Reduce operational expenses and increase capital efficiency

Intellisys property management services offer the value that extends well beyond cost arbitrage, improving quality and productivity through efficient process enhancement.