Figures are expensive, and painting time likewise.
Some armies have troops that can be represented two different ways, but the figures for both are the same.
Some examples:
Uruk Hai Raiders in Goblin armies fight in open order. The Uruk Hai in the more structured armies of Mordor are Elite Foot, fighting in close order.
Hundred Year's War English Longbowmen are on 1mu deep bases (20mm deep in 40mm base scale). But they can have the battle card for Mounted Infantry; when on their ponies they should be represented on a square base (40mm x 40mm)
Other examples exist.
The solution is Sabot basing. Using the Uruk Hai example above: Get a metal base the size of the Raider base (80 x 40mm). Base the figures up on an Elite Foot base (80 x 30mm). Put a thin sheet of magnet strip (adhesive) on the bottom of the Elite Foot base. Then add a 3mm strip of balsa wood to the back of the Raider base and base it up nicely as well.
Result is a stand of figures that can fight as Elite Foot and (with the added sabot base) can fight as Raiders.