Outsourcing Advisory
Numerous companies the world over provide IT outsourcing services. However, the majority of the market is captured by large players: The Top Ten IT outsourcing companies include IBM Global Services, Accenture, and India-based Tata, WiPro, and Infosys. These companies total approximately 60% of the world’s market share.
While these companies provide outsourcing options, building and managing relationships with these outsourcing companies is often a cost-intensive, profoundly challenging undertaking. TP Partners has negotiated contracts and managed vendor relations for both large and small companies engaged in outsourcing. Deciding to outsource a business function is but a first step in a highly complex, often highly-costly process. TP Partners works closely with its clients to provide outsourcing counsel that delivers exceptional results in a financially responsible manner.
TP Partners Outsourcing approach commonly includes:
Project Engagement
· Phase 1: Internal assessment of client’s current situation and objectives. Great care is shown in developing Base-Case Financial Model, RFP, and Term Sheet.
· Phase 2: Evaluate and negotiate proposals, select short-list service providers, and prepare for Due Diligence.
· Phase 3: Perform Due Diligence, negotiate Term Sheet, and select Preferred Service Provider.
· Phase 4: Develop, negotiate, and finalize contract. Prepare for forthcoming transition.
TP Partners works closely with clients in developing comprehensive outsourcing plans which range from the Transition Phase through the Stabilization Phase. Ultimately, outsourcing touches both the organization and its individual employees quite deeply. It is vitally important to have an HR expert assist you in deciding your staff reduction, re-badge, and key-player retention plans. While the fiscal and legal components of implementing an outsourcing program are substantial, the issue of Human Capital is equally, if not more important, as well. TP Partners’ experience and knowledge can help you fashion and implement a highly successful outsourcing program.
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