Global advisory and benchmarking firm, Alsbridge, Inc., today announced a method that is helping organizations properly evaluate the various sourcing options available today, and create an analytical tool that enables ongoing evaluation as internal operations and external market factors change.
According to the
report, because the objective of a sourcing business case is to save money and increase profitability, it is important to include the CFO as a key stakeholder in the process and create a business case that explains all financial aspects of the opportunity.
“Building a solid business case to determine the best solution for providing internal services is a complicated and time-consuming process,” said
Ben Trowbridge, CEO of Alsbridge, Inc. “However, Alsbridge’s Market-Enlightened Business Case offers a structured methodology that will allow the CFO to compare all operational sourcing alternatives accurately and determine the most beneficial sourcing alternative for the company.
The structured methodology outlines steps for counting all costs, including shadow costs and services outside of functional organizations, properly documenting all assumptions, productizing internal costs for comparison and evaluating all provider “puts” and “takes” in the pricing response process. This process allows for transparent understanding of all the facts and opportunities with data that can be compared to the budgets and forecasts that management is accustomed to for final decision making and ongoing evaluations.
“Developing the right business case should result in an effective tool for the decision-making process, contract negotiations, and future renegotiations as well as internal cost management and organizational cost allocations,” Trowbridge explained. “Alsbridge’s Market-Enlightened Business Case extends the utility of a business case beyond simply evaluating whether alternatives meet internal investment thresholds.”
Access the full report and learn more about Alsbridge’s
Market-Enlightened Business Case methodology.
About Alsbridge Inc.
Alsbridge provides world class sourcing advisory and benchmarking services for the CIO, CFO and CPO. We’ve helped hundreds of companies reduce costs and get more value from their vendors. Our experienced consultants leverage proprietary tools and information databases to identify and engage the optimal vendors for your situation, negotiate best practice terms at fair market prices, and improve the way you work with your vendors. Alsbridge clients utilize the most cost effective and value added sources globally for IT infrastructure services, hardware and maintenance, network services, software and maintenance, application support and development, business processes and cloud services. This commitment to delivering value to our clients has made Alsbridge a distinguished member of the 2010 Inc. 500 fastest growing privately held companies in America. This year, Alsbridge was ranked the #1 outsourcing advisor in the world by the International Association of Outsourcing Professionals (IAOP).
