ProBenchmark’s Research Uncovers Five Ways to Use Benchmarking to Cut Information Technology Costs
Price Benchmarking Leader Offers Advice for IT and Financial Executives
DALLAS, TX 3/16/2009 10:57 PM GMT (TransWorldNews)
ProBenchmark’s recent analysis of data and findings from its benchmarking consulting engagements found five trends in the use of price benchmarking of IT outsourcing contracts that can help IT and financial executives address their cost challenges in 2009:
Clients are using benchmarking to quickly and cost-effectively assess unsolicited vendor price reduction proposals.
Clients and vendors are investigating alternatives to exercising third-party benchmarking clauses.
IT organizations are using benchmarking to quickly assess global sourcing alternatives.
Increased use of benchmarking results will support large global organizations as they balance their worldwide service portfolios.
Mature benchmarking processes allow customers to fine tune existing contract requirements.
ProBenchmark published more detail on its findings in an article in the online journal of outsourcing topics, Outsourcing Leadership.
“Benchmarking has long been a useful strategy for buyers of outsourcing services to manage contract costs and stay in sync with their vendors,” said Ben Trowbridge, CEO of Alsbridge, Inc., a strategic investor in ProBenchmark. “ProBenchmark’s research continues to unlock the secrets of finding cost savings in many more areas than pricing through the use of benchmarking services.”
For more information on ProBenchmark, visit www.ProBenchmark.com or call 214-696-6410. For original research, articles, and insight on benchmarking and outsourcing, visit http://www.outsourcingleadership.com/.
About ProBenchmark:
ProBenchmark provides benchmarking services and innovative online tools that deliver reliable, accurate price benchmarks. The company developed the industry’s only patent-pending online benchmarking application, powered by the proprietary database of real-life outsourcing contract data, MARQbase™. ProBenchmark was voted the top benchmarking provider for 2009 in a customer survey hosted by the Black Book of Outsourcing. To learn more about ProBenchmark visit http://www.probenchmark.com/.
About Alsbridge:
Alsbridge, Inc. is an award-winning global advisory firm providing unparalleled expertise in information technology outsourcing, shared services, and benchmarking. The firm is fact-based and client-focused, with a proven methodology that fosters success. Alsbridge defines client goals and scope, finds the best cultural fit with providers, refines the best solutions and eases transitions and implementation. Founded in 2005, Alsbridge is the proven, effective difference for successful sourcing.
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Media Contact:
Don Montgomery
Alsbridge, Inc.
Office: (214) 696-6410
Non-published cell: (619) 818-3533
don.montgomery@alsbridge.com
inquiry@probenchmark.com
www.probenchmark.com
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