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T: 00353 86 043 3625
E: pamh@hfconsulting.ie

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Successfully Outsourcing & Negotiating Projects

Are you considering outsourcing elements of your business, be they strategic (network and IT costs) or non-strategic (accounts payable functions)? If so, you will need to carry out the following:

  • Determine a baseline for the in-house cost of delivering the service that is being considered for outsourcing.
  • Identify opportunities for immediate cost reduction through a detailed third party contract review and overall review of in-scope staff.
  • Conduct a feasibility study on the potential benefits from outsourcing.
  • Manage requests for tenders from relevant managed service partners.
  • Carry out a subsequent evaluation of vendor offering and determine the ‘best fit' business partner.
  • Complete the due diligence process with the preferred supplier and the subsequent negotiation of commercial terms of the contract.
  • Complete the transition of service to the new outsourced partner including the transfer of in-scope staff under the relevant T.U.P.E. (Transfer of Undertakings [Protection of Employment]) legislation.

Negotiating and implementing outsourcing agreements is a complex area, entailing the management of diverse interests, both within and outside the organisation.

If you are outsourcing, we can support you across all phases of the Outsourcing Project Lifecycle - from completing the feasibility study through to the negotiation preparation and execution phase.

We are experts at outsourcing, having managed a significant IT contract in excess of €650m for a major outsource provider. We also negotiated contracts of over €500m for Telefonica O2 , including the transfer of up to 300 staff to the outsource provider.

If you would like your outsourcing projects negotiated and implemented successfully, please email us today or call us on 086 043 3625.

What people are saying about HF Consulting...

"Over the last four years, Pam has played a pivotal role in supporting our organisation in a number of key strategic initiatives. She is a top class professional, balanced but with excellent attention to detail and always willing to be flexible to ensure we meet our goals and deadline.

She is an experienced and pragmatic commercial negotiator who takes the time to understand the key drivers and levers within any commercial discussions and backs up her views with well thought through analytics and financial rigour. She understands the importance of building relationship but also the priority of delivering against our targets. Her strength in terms of communication and presentation ensured that senior management were always kept up to speed on progress. Her results with us, speak for themselves."

Paul Whelan
C.F.O. Telefonica o2 Ireland

For more information about our services, please email us at: pamh@hfconsulting.ie or call: 00353 86 043 3625.

 

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Primary Contacts

Harrison Financial Consulting
28 Westland Square
Pearse Street
Dublin 2

T: 00353 86 043 3625
E: pamh@hfconsulting.ie


In connection with...

PWCEirHewlett Packard

O2Ernst & YoungIrish Continental Group

Bank of IrelandOpenetArvato

Certification

The Institute of Chartered Accountants Ireland


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