Fast route to governance: Solution costs less than one full-time employee to enact outsourcing relationship management
By Manufacturing Business Technology Staff -- Manufacturing Business Technology, 10/15/2008 4:49:00 PM
Business outsourcing contracts are notoriously complex documents. But monitoring, managing, and tracking those deals to ensure an organization realizes the business objectives and cost savings envisioned in its outsourcing business case is much more complex. Even so, many enterprises tackle the daunting task with a small, inexperienced staff using nothing more than an Excel spreadsheet.
Global business advisory firm EquaTerra offers an affordable alternative: a Web-based, user-friendly solution that leverages best practices and methodologies to automate governance activities, gather relevant data needed for internal and external reporting, and facilitate effective decision-making.
Governance WorkPlace QuickStart (GWP QuickStart)—the rapid-implementation version of EquaTerra’s robust Governance WorkPlace, a multi-provider outsourcing/blended sourcing governance tool launched earlier this year—will be available for a fixed-fee implementation cost, plus a low monthly subscription fee.
The GWP QuickStart value proposition:
• Software as a Service: No purchase of hardware/software; support and maintenance included.
• One-year ROI: Gains through improved productivity, automation and cost-recovery mechanisms.
• One-month installation: Implemented within a month of signing agreement.
• User-friendly dashboard: Organizes and displays key performance indicators, files and data filters.
• Quick-turn analysis: Easy to use/ready to export charts, graphs, data on resource consumption, geography.
“Unfortunately, enterprises typically under staff the management of outsourcing relationships,” says Mike Beals, EquaTerra’s managing director of Governance WorkPlace. “These managers are rapidly bogged down by all the day-to-day transactional activities of governance. GWP QuickStart frees managers to focus on change management, planning, and the adoption of the new services—the value-added work that will drive results and help achieve the overall business objectives.”
