Case Study: Versapay achieves fast team ramp-up and 35% engineering cost savings with Teravision Technologies

Versapay hires 12+ resources in 6 weeks with Teravision Technologies

Versapay, a company focused on making billing and payments easy, needed to scale its operations by managing 16 nearshore software development squads. The main challenge was coordinating the large number of teams to ensure overall productivity. Teravision Technologies provided a staff augmentation solution using Ruby on Rails to supply top talent and help meet these business goals.

The solution implemented by Teravision Technologies involved bringing in a technical lead to guide their team and improve synergy with the other squads. This approach yielded significant results, including a fast ramp-up that saw over a dozen resources hired in just six weeks. Versapay saved 35% on its engineering budget compared to in-house hiring and achieved a staff retention rate of over 95% after more than three years of engagement.

Versapay