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).
Alsbridge Inc. appoints Mike Slavin, Jenn Stein, Dan Bryan and Pat Casey as four new Managing Directors of the firm.
Released On: 1/5/2015
Views: 5739
Alsbridge highlights growth of autonomics solutions, service provider industry expertise, network globalization, software audit response strategies, BPO value realization and cloud infrastructure investment as six key items on executive agendas i ...
Released On: 12/8/2014
Views: 4214
Latest report by Alsbridge shows that autonomics solutions are driving down costs of IT service delivery. The report also concluded, however, that the ultimate economic impact and long-term benefits of emerging intelligent tools remain difficult ...
Released On: 12/5/2014
Views: 7300
Alsbridge announces expansion of its London-based UK operations to meet growing local demand for sourcing advisory and benchmarking services.
Released On: 12/2/2014
Views: 5699
Outsourcing and financial services industry veteran Peter Iannone joins Alsbridge as a Managing Director.
Released On: 10/13/2014
Views: 4900
Alsbridge Managing Director, Bill Huber, to serve as a moderator, panelist and instructor on topics about next generation Business Process Management (BPM) at the NASSCOM BPM Strategy Summit, Sept. 16-17, in Bangalore, India.
Released On: 9/15/2014
Views: 12734
Alsbridge has entered a strategic partnership with Carahsoft Technology Corp. to provide IT benchmarking, audit and price check services to government agencies served by Carahsoft.
Released On: 7/17/2014
Views: 5799
Alsbridge’s latest report shares insights on some tried and tested practices enabling you to successfully govern within the multi-supplier ecosystem.
Released On: 7/15/2014
Views: 3313
Alsbridge announces the appointment of Chip Wagner, CEO, and Dieter Thompson, President, to the Board of Directors.
Released On: 7/2/2014
Views: 3445
Alsbridge, the leading benchmarking, sourcing and transformation advisory firm, will transfer ownership of Outsourcing Center LLC to Alsbridge’s founder Ben Trowbridge.
Released On: 5/7/2014
Views: 5340
Alsbridge Inc., has been named to the list of World’s Best Outsourcing Advisors by IAOP, for the sixth consecutive year.
Released On: 2/25/2014
Views: 5022
The latest report by Alsbridge discusses how to successfully implement a BYOD strategy through careful evaluation, the right sponsorship and the right implementation plan.
Released On: 2/18/2014
Views: 3162
Alsbridge’s latest eSeminar to share insights on the impact of recent market trends on IT prices and directions to watch in 2014.
Released On: 2/18/2014
Views: 3653
Alsbridge’s latest report outlines some of the areas that need to be reviewed including financial analysis before deciding on a BYOD versus a non-BYOD environment.
Released On: 2/12/2014
Views: 2745
Alsbridge’s latest report reveals the five challenges that are causing the life Insurance companies to rethink outsourcing.
Released On: 2/12/2014
Views: 2916
Alsbridge’s latest report A Better Way to Cut Costs with Telecom Expense Management explains how enterprises can tap into big savings through Telecom Expense Management.
Released On: 2/5/2014
Views: 3576
Alsbridge’s latest eSeminar to share insights on the impact of recent market trends on IT prices and directions to watch in 2014.
Released On: 2/5/2014
Views: 4470
Alsbridge Inc., Transamerica and ING to Co-present latest trends in insurance shared services and outsourcing at The Shared Services for Banking, Financial Services & Insurance Conference in NY on January 30-31, 2013.
Released On: 1/28/2014
Views: 5657