How much does it cost to build a survey app for the finance sector?

Standard price for a survey app for the finance sector: $37,500

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What is a survey app for the finance sector?

A survey app for the finance sector is an application that allows users to create and send custom surveys. Survey apps are commonly used by financial service providers, investment houses, and consulting firms to keep track of customer satisfaction scores or employee engagement. A survey app may also include a time stamp feature that allows users to note when they completed the survey, which can be used as evidence in legal proceedings.

Survey apps are similar to other business intelligence apps like analytics apps. They are also similar to order management apps, which help managers track orders and projects. Survey apps combine data entry with reporting functions, making them popular with companies that take surveys. SurveyMonkey is an example of a survey app.

Here are some recent survey app for the finance sector examples built with Crowdbotics:

  • The app contains 3 different surveys grouped into a single process. Want to capture the results on AWS by having an id for each question to provide analytics.

What is the typical cost to build a survey app for the finance sector?

A survey app for the finance sector usually costs $37,500 to build. However, the total cost can be as low as $25,000 or as high as $50,000. A survey app for the finance sector with a low number of features (also known as a "minimum viable product", or MVP) will be more affordable than an app that includes all intended functionality.

For example, here are some recent price quotes for a survey app for the finance sector from Crowdbotics:

  • $22,500

How long does it take to build a survey app for the finance sector?

A survey app for the finance sector usually takes 300 hours to build. However, a survey app for the finance sector can be built in as few as 267 hours, or in as many as 333 hours. The exact timeline mostly depends on how complicated your app is. As a general rule, it will take longer if you require highly custom designs, niche features, or non-standard release platforms.

For example, Crowdbotics produced the following recent hourly estimates for a survey app for the finance sector:

  • 300

How to successfully grow your survey app for the finance sector

A survey app can grow by targeting a specific group of people and figuring out what kind of surveys they would like to complete. Surveys typically fall into one of two categories: short and quick responses, or long and in-depth responses. Survey apps can target specific groups within the finance sector based on the type of survey they prefer to take (i.e. stock traders vs. real estate brokers). By targeting a specific audience, the app can create an experience that is tailored to their needs and ultimately drive more revenue through increased usage.

Risks and challenges of building a survey app for the finance sector

A survey app for finance professionals may face risks related to the collection of sensitive personal information, compliance with regulatory reporting requirements, and the facilitation of insider trading. A survey app for finance professionals will need to be able to handle the storage and transfer of sensitive financial information with a secure API that can encrypt data at rest and in transit.

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Some of the descriptions on this page were completed with AI assistance. Learn more here.