COTS - A Shared Solution
A Commercial Off-The-Shelf (COTS) solution truly provides the maximum possible cost sharing.
A COTS solution does not require any one agency or group of agencies to bear the cost and risk of developing a solution.
Instead, the software company develops the solution as a form of business investment. The return on the investment is realized across all agencies that license the productized solution.
Furthermore, every agency using the product benefits on an ongoing basis from the constant product improvements made by the software company.
This model, which has been well proven, exists in almost every business and industry. And now, with the introduction of GenTax®, revenue agencies can capitalize on this model for their core business.
Other advantages of using a COTS solution include:
The solution exists in the here and now, it can be viewed and tested
immediately
A COTS solution can be implemented in a much reduced time
frame
Project risk is reduced significantly when using a COTS solution,
there is no long wait, and huge expenditure before the final system can be
viewed and tested.
