Home  >  Services  >  Contract

Contract

A successful outsourcing contract is one that addresses all aspects of the relationship – not just price.

Value is derived from the striking the right balance between price and appropriate services allowing the provider to deliver real value. The Alsbridge objective is to ensure a balanced contract equally weighted between risk and price is achieved during the negotiation phase of each deal.

All outsourcing contracts should undergo a thorough evaluation:

• Prior to finalizing the contract
• Annually as part of the ongoing maintenance of the relationship
• At least 6 months before your contract renewal/termination date

Your team must always be armed with relevant information prior to any negotiations with your provider (whether a complete contract renewal or just a small service addendum).

To be successful over the long-term your contract must:

• Have the flexibility to adapt to changes in the business environment
• Protect your intellectual capital, yet allow the provider to gain related efficiencies
• Drive cost out of the business whenever possible without the worry of an unrealistic minimum spend
• Eliminate gaps in scope, flexibility, governance, pricing, legal or business terms that could become issues if not resolved prior to signing

We help you quickly identify where contractual issues exist or may develop and will provide target steps to optimize value realization through contract management. Our proven evaluation methodologies leverage our analytical tools and deep database of outsourcing contracts to allow you to quickly assess your current state, and guide the corrective actions needed by you and your provider to successfully manage the contract.

A Market Reality Assessment™ (MRA) will address your contract issues and give you an action plan.