
Whether your existing outsourcing contract is coming to its natural end, or your circumstances have changed and you need to revisit your sourcing arrangements, EquaTerra can help you optimize your business processes and information technology (IT).
Assess Your Situation
Navigating outsourcing contracts can be challenging. Avoid veering off course by considering your options as the end of your contract approaches.
Develop a Contract End Strategy
With an experienced sourcing advisor as your guide, build a strategy that meets your specific objectives while maximizing savings.
Extend Your Contract
Sometimes it’s better to stay with your existing provider. Even if your current contract still meets your needs, our advisors can help you negotiate the best extension, and figure out if any important amendments should be added to the new contract.
Terminate & Re-let
The re-letting of a contract can allow you to take advantage of the latest developments in sourcing strategy and build them into your new contract. Understanding what the market has to offer is vital during negotiations.
Terminate & Divide
If your existing service provider can no longer meet all of your needs, the situation has changed or you are dissatisfied, you may decide to divide the contract, adding additional providers or bringing some services back in-house.
Terminate & Insource
In some cases, bringing some or all services back in-house makes the most sense. But first you must determine if you have the infrastructure and team in place to support such a move.
Take the Next Step
Learn more about your options on these pages as your outsourcing contract comes to an end, or jump start your efforts and contact an EquaTerra advisor today.