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A well-defined outsourcing strategy is extremely crucial in establishing a multi-location Shared Services Organisation (SSO). One of the most important factors in determining the strategy could be how a shared services environment will be implemented.
The ideal outsourcing mix is one where sourcing, negotiating, and establishing relationships with Business Process Outsourcing (BPO) providers occur at an optimal level.
As organisations witness their growth over a period of time, add new technologies, launch new services and products, acquire other companies, and expand across the geographical boundaries, it is obvious that they will start to fall a little beyond their expense limits at times. It is at these times that these organisations should start to harvest potential opportunities for saving costs and make a positive impact on their operating margins and cash flow. This in turn will also provide them with a winning edge over their competitors.
Thames Transformation Partners follows a simple and straight-forward process:
We will perform a thorough assessment on existing operational and financial data, and identify areas where there is a potential for further savings and then scope the magnitude of those opportunities.
We will partner with the Subject Matter Experts (SMEs) from the client organisation and utilise their experience and expertise as well as their unique methodologies to refine the saving projections made earlier and focus on priority business areas. We will work in close tandem to identify common deliverables and timelines and follow it up with a robust plan of action to harvest the projected savings.
We will collaborate with the client team and using our expertise and toolkit, ensure change is managed effectively and opportunities are realised.
Thames Transformation Partners will be glad to offer you a free trial consultation to discuss the varied services we offer and the extent of potential opportunities you can explore with us.