Outsourcing people, processes, and information technology to a third party has become commonplace. It provides organizations with an opportunity to gain operating efficiencies, improve performance, lower costs, and focus on core competencies. Many businesses, however, neglect to take sufficient care of the relationship, adopting an “out of sight, out of mind” approach once outsourcing begins. Continue reading
Tag Archives: Shared Services
Michael Biggee
LJ: Since some of our readers may not be familiar with Trident Capital, would you give us an overview of the firm?
MB: Trident Capital is a leading venture capital and venture growth firm that invests in companies that are solving big problems of our time through technology and innovation. We invest across multiple stages, from early startup to growth buyouts, in the Software, Internet and Technology-Enabled Services sectors. Continue reading
The Death of Outsourcing
Written by Cliff Justice, KPMG Partner, Shared Services and Outsourcing Advisory
There is a revolution taking shape in the business services industry, one that disregards the traditional shared services and outsourcing paradigms and centers the design of support services on the needs and priorities of the enterprise as a whole.
Since the information technology outsourcing mega-deals of the 1990’s and through the expansion of offshoring and business process outsourcing in the 2000’s, companies have consistently sought ways to use sourcing strategies to reduce the cost of back office services. Continue reading
Bill Gerber
Bill Gerber, Co-Founder of AccountingDepartment.com has worked in the Financial Field for more than 16 years, bringing a wide range of expertise in technology, business consulting, bookkeeping and corporate tax. Mr. Gerber is responsible for setting the innovative company-wide strategies and building its overall business using state-of-the-art technology for the accounting industry. He oversees the sales, marketing, quality assurance and successful delivery of Business Process Outsourcing (BPO) accounting & bookkeeping services to clients. With his assistance, AccountingDepartment.com has become the nation’s leader in Virtual Accounting Services, winning the CPA Technology Advisor Award and the Forbes Award.
Inside with Adam Sak, President & Founder, Sourcing Strategies Law Group PC
Interviewed by Larry Janis, Managing Partner, Integrated Search Solutions Group, LLC
LJ: What are the most important values that a law firm brings to the process of outsourcing? Is it different from the buy side versus the sell side?
AS: I represent both buyers and providers in the outsourcing market and believe my value as legal counsel is identical in both situations. My responsibility to all of my clients is to assist them through the process of creating an equitable and reliable contract that ensures they receive the economic benefits and service requirements that drive their business case, wrapped with an appropriate allocation of risk and predictable exit strategy that allows both parties to manage the benefits, costs, and inevitable change during the course of the commercial relationship. Continue reading