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Business or Tech Debt: Which is Growing More? The Case for a Product Audit

 

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Key takeaways

  1. A comprehensive product audit covering design and code is essential to identify hidden issues that can undermine your software’s success, no matter who built it.
  2. Audits catch critical problems early (like poor usability, technical debt, and security flaws), helping you avoid costly rework and performance issues down the line.
  3. Partnering with a US-based firm like Truefit ensures an unbiased, expert evaluation tailored to your industry and business needs, safeguarding your investment and future growth.

Releasing successful new software products and updates is no small feat. Whether it's a web application, mobile app, or a complex enterprise platform, the journey from concept to launch is filled with challenges. One of the most overlooked but critical steps in this journey is a comprehensive product audit, which includes both a design and a code audit. This evaluation, ideally conducted by an external, US-based software design and development firm, serves as a preventative measure to ensure that a product has been built on solid ground and can continue to evolve without hidden risks. Here’s why this step is essential for your business’s long-term success.

The High Stakes of Software Development: What Could Go Wrong?

To appreciate the value of a product audit, it’s important to understand the stakes. Studies show that over 50% of IT projects fail to meet their objectives, run over budget, or miss deadlines. In fact, according to a 2022 report by the Standish Group, only 29% of software projects are deemed successful, while 19% fail completely and 52% are considered "challenged", meaning they fall short on functionality, timeline, or budget. These failures often stem from two core issues: poor user experience (UX) design and substandard code quality.

Why a Product Audit is Critical, Regardless of Who Built It

Whether your software was built in-house or by an external partner, conducting a third-party audit is a smart move. This is particularly true if the initial development was handled by offshore teams, where communication challenges, time zone differences, and varying coding standards can lead to unforeseen issues. Here’s what a comprehensive product audit can uncover:

  1. User Experience (UX) Gaps - An intuitive, engaging user experience is crucial for adoption and retention. An audit can identify friction points, confusing navigation, or poorly optimized workflows that might be causing high churn rates or poor customer satisfaction.
  2. Code Quality Issues - Code that’s poorly written, outdated, or inadequately documented can lead to scalability problems, security vulnerabilities, and expensive technical debt. In fact, TechDebt Burndown estimates that global technical debt will reach $5.5 trillion by 2030 if current trends continue, significantly increasing maintenance costs over time.
  3. Security Vulnerabilities - With 43% of cyberattacks targeting small and mid-sized businesses, it’s critical to catch potential vulnerabilities before they become costly breaches.
  4. Scalability and Performance Constraints - If your app is struggling with slow load times, frequent crashes, or poor performance under load, a code audit can pinpoint these issues and recommend optimizations.
  5. Lack of Documentation - Proper documentation is the backbone of maintainable code. Without it, future developers face steep learning curves, leading to longer development cycles and higher costs.

Early Detection is Key to Cost Savings

Catching these issues early can significantly reduce your total cost of ownership. According to IBM, the cost to fix a defect identified in production can be up to 100x higher than if it had been caught in an earlier phase. This makes proactive audits not just a good practice, but a cost-saving strategy.

Tech Debt Cost

Red Flags That Signal an Urgent Need for a Product Audit

If you’re noticing any of the following issues, it might be time for an audit:

  • High volume of bugs and repeated fixes leading to further issues
  • Frequent performance problems or unexpected downtime
  • Long and unpredictable development cycles
  • Poor user adoption despite significant marketing efforts
  • Inconsistent or missing code documentation
  • Shortcuts taken to meet tight deadlines

Why Choose a US-Based Partner for Your Audit?

With over 25 years of experience serving critical industries like healthcare, finance, robotics, manufacturing, legal, and transportation & logistics, Truefit understands the high stakes where precision, compliance, and trust are non-negotiable. As a US-based partner, we offer not only proximity and time-zone alignment for faster, more responsive collaboration, but also deep familiarity with American regulatory requirements, industry standards, and cultural context. Our team provides an independent, unbiased assessment, leveraging both domain expertise and AI-powered tools, to identify, prioritize, and address issues quickly, with a clear understanding of their business impact.

Final Thoughts: Protect Your Investment, Secure Your Future

A product audit is not just a “nice to have.” It’s a critical step in ensuring your software remains secure, scalable, and user-friendly as it evolves. Don’t let hidden issues erode the value of your investment. Take a proactive approach with a comprehensive audit to keep your product on the path to success.

Ready to safeguard your software product’s future? Connect with Truefit today for a personalized product audit that addresses both UX and code concerns before they become costly problems.