Pricing

There are some required fees associated with OTIS, but the ultimate cost of the services is adaptable based on your needs and budget.

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Set-Up and Licensing Fee

One-time fee of $999 automatically includes:
  • Licensing for your Native CDFI
  • Document Storage
  • Spreadsheet Import Utility

Ongoing Expenses

$138 (subject to change) monthly subscription directly billed through VistaShare includes:
  • Three (3) user accounts per site
    (Additional user accounts can be added for an additional $7/month per user)
  • Product Enhancements
  • Database hosting, security and technical support

Training and Technical Assistance Plans

Choose your level of training and support through the data impact process by selecting one of the pre-paid hour banks or choosing to pay as needed by the hour for technical assistance. Banks range from $750 - $1,500 for up to 30 hours.

Customization

This is the process whereby we adapt the template OTIS system to meet your unique organizational needs through individualizing your organization forms and reports, as well as importing your existing client data.

The degree to which you chose to customize is up to you, and we will gladly produce a quote for you based on your needs. Typical customization costs range from $3,000 to $12,000

Technical Assistance & Training Plans

After consultation with Sweet Grass Consulting, LLC, your Native CDFI will chose the most relevant technical assistance plan based on your training needs.

Details

  • Access to OTIS Help Desk
  • Access to online materials
  • Scheduled monthly check-ins
  • Technical Assistance
  • Custom Report and Form Building, Data Conversion and Other Data Management Services

Salmon

$750
  • Yes
  • Yes
  • Yes
  • 10 hours ($75/hr)
  • $90 / hr
Sign Up

Buffalo

$1,200
  • Yes
  • Yes
  • Yes
  • 20 hours ($60/hr)
  • $90 / hr
Sign Up

Eagle

$1,500
  • Yes
  • Yes
  • Yes
  • 30 hours ($50/hr)
  • $90 / hr
Sign Up

Bear

Variable
  • $90 / hr
  • Yes
  • $90 / hr
  • $90 / hr
  • $90 / hr
Sign Up

Salmon

$750
  • Access to Oweesta OTIS Help Desk
  • Access to online materials
  • Scheduled monthly check-ins
  • Technical Assistance | 10 hours
  • Custom Report and Form Building, Data Conversion and Other Data Management Services | $90 / hr
Sign Up

Buffalo

$1,200
  • Access to Oweesta OTIS Help Desk
  • Access to online materials
  • Scheduled monthly check-ins
  • Technical Assistance | 20 hours
  • Custom Report and Form Building, Data Conversion and Other Data Management Services | $90 / hr
Sign Up

Eagle

$1,500
  • Access to Oweesta OTIS Help Desk
  • Access to online materials
  • Scheduled monthly check-ins
  • Technical Assistance | 30 hours
  • Custom Report and Form Building, Data Conversion and Other Data Management Services | $90 / hr
Sign Up

Bear

Variable
  • Access to Oweesta OTIS Help Desk | $90 / hr
  • Access to online materials
  • Scheduled monthly check-ins | $90 / hr
  • Technical Assistance | $90 / hr
  • Custom Report and Form Building, Data Conversion and Other Data Management Services | $90 / hr
Sign Up

CDFI Pricing Samples

Below are two samples of two different CDFIs joining OTIS, so that you can better understand the overall cost of joining based on their unique situations.
Download full report here
Service Cost for year 1
Set up & Licensing Fee $999.00
Ongoing Expenses $138/month
Technical Assistance Plan Selected $1,200.00
Customization $3,302.00
Add on Modules $0.00
TOTAL FIRST YEAR ONE TIME AND RECURRING ESTIMATE $7,157.00
TOTAL RECURRING ANNUAL ESTIMATE $2,856.00

Template Form Modification: In this example, a recently certified NCDFI is planning to utilize the pre built forms and processes that are included in OTIS for most of their tracking needs. They would like to change some of the questions, but not very many. They plan to add one new activity that is not in the OTIS database, their Holiday Loan Fund. They would also like to make their inquiry form accessible online to the public.

Importing: The newly certified NCDFI is planning to import only the contact information and whether a client has participated in certain activities, instead of importing all of their application data (which they plan to data enter at a later date).

Reporting: In this example, the NCDFI wants one extra query that displays information on their Native artist clients but will utilize the pre made reports for the rest of their data reporting needs at this time.

Service Cost for year 1
Set up & Licensing Fee $999.00
On Going Expenses $138 a month
Technical Assistance Plan Selected $1,500.00
Customization $13,000.64
Add on Modules $15 a month
TOTAL FIRST YEAR ONE TIME AND RECURRING ESTIMATE $17,335.64
TOTAL RECURRING ANNUAL ESTIMATE $3,336.00

Template Form Modification: In this example, a NCDFI needs more customization on their forms. They want to change 100 questions on the standard forms and they want to hide 20 questions that aren’t applicable to them. They would like to build two additional loan activities and add an additional quarterly loan evaluation activity. They would like to add some internal tracking procedures around admin and expenses. They also provide a specific training that they conduct pre/post tests for that they would like in the database. Additionally, they would like to make their inquiry form and training registration accessible to the public. Finally, they want their clients to be able to fill out all applications online.

Importing: This NCDFI has a good deal of historical data that they want to import into the new system. They utilize DownHome Loan Manager and want to link those systems. They also have an additional database that they want to setup a standardized import for.

Reporting: In this example, the NCDFI wants a report developed to show the impact of their training over time with pre test and post test data and a more specific report for their loan impacts including change in income, employment status, business sa tisfaction, and community engagement.