Turnkey Solution Law and Legal Definition

Turnkey solution is a type of system that can be easily implemented into current business processes. A turnkey solution is immediately ready to use upon implementation and is designed to fulfill a certain process such as billing, website design, training or content management. For example, a company which is in need of implementing an online billing feature on its website can use third-party providers to process each transaction and handle all the technical issues surrounding this complicated process. The use of a turnkey solution in this case allows the company to avoid the headaches of programming the tool in house and the approvals associated with developing a billing system from scratch.