This SIG member from the buy-side is considering outsourcing some of their contract work in order to allow their analysts to focus on other value added activities. At this time, the SIG member is currently exploring options for ongoing support of his company’s contract lifecycle contract management process. His procurement team is currently responsible for executing contracts (MSAs, PSAs, SOWs, etc.). There are a large amount of transactional contracts involved (i.e. renewals, amendments) that get executed on a yearly basis. He is interested in learning more about outsourcing models for this process. The company is open to both onshore and offshore models of service.
If you are a sourcing professional or you are from an advisory, consultancy, or provider firm with experience in outsourcing contract work, please take a moment and respond to the following:
1. What are the current trends for outsourcing contract work?
2. Who are the consultants, advisors and providers who can manage or perform this kind of work?
3. How do you get started?
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This SIG member from the buy-side is considering outsourcing some of their contract work in order to allow their analysts to focus on other value added activities. At this time, the SIG member is currently exploring options for ongoing support of his company’s contract lifecycle contract management process. His procurement team is currently responsible for executing contracts (MSAs, PSAs, SOWs, etc.). There are a large amount of transactional contracts involved (i.e. renewals, amendments) that get executed on a yearly basis. He is interested in learning more about outsourcing models for this process. The company is open to both onshore and offshore models of service.
If you are a sourcing professional or you are from an advisory, consultancy, or provider firm with experience in outsourcing contract work, please take a moment and respond to the following:
1. What are the current trends for outsourcing contract work?
2. Who are the consultants, advisors and providers who can manage or perform this kind of work?
3. How do you get started?
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