Shared Services and Outsourcing Advisory
Design your operating model to draw economies of scale and build new scalable competencies
Many world-class organizations have over the years adopted a business operating model which helps them to concentrate similar competencies in one location/organization e.g. accounts payable, HR operations, Accounting, reporting, etc. This model helps companies to streamline and centralize their operations, reducing costs and improving efficiency. For the non-core functions, organizations tend to outsource the activities to third-party organizations to reduce costs and save management time for more pressing business functions.
Shared Services & Outsourcing Advisory Services
Shared Services Design
Advice on the design and implementation of a shared services model, taking into account the organization's specific requirements, goals, and constraints.
Vendor Selection
Identify and evaluate potential service providers for outsourcing, and assist with the selection process.
Contract Negotiation
Negotiate contracts with service providers to ensure the best possible terms and conditions for the client.
Outsourcing Strategy
Develop and implement an outsourcing strategy that aligns with the organization's overall business objectives.
Transition Management
Manage the transition of services to the new service provider, ensuring a seamless and effective transfer of operations.
Performance Management
Monitor and assess the performance of service providers, and take action to resolve any issues or improve performance as required.
Cost Optimization
Identify opportunities to reduce costs and improve efficiency in the shared services or outsourcing model.