What are the 5 differences between off the shelf package over in house developed software?

Off-the-shelf software is pre-built and readily available for purchase, making it quicker to deploy compared to in-house developed software, which requires extensive time and resources for custom development. Off-the-shelf solutions often come with a lower initial cost but may incur additional expenses for licenses or subscriptions, while in-house development can involve higher upfront costs but may offer long-term savings and tailored functionality. Off-the-shelf products may lack specific features tailored to unique business needs, whereas in-house software can be customized extensively. Lastly, support and updates for off-the-shelf software are provided by the vendor, while in-house solutions require dedicated resources for maintenance and updates.