UpperEdge’s Contract Optimization Service (COS) provides companies with a low risk, high yield solution for identifying and executing to IT cost reduction strategies. Our proven three phased approach provides companies with a systematic process for understanding the magnitude of the cost reduction opportunity, developing the most effective strategy for achieving results, and executing with confidence and certainty. Even though the success of our Contract Optimization Service is most often tied to the magnitude of cost reduction realized, UpperEdge utilizes a holistic approach which also focuses on unlocking hidden or trapped value from your key IT relationships. The UpperEdge COS offering is the best solution for making the most of your IT relationships and assets.
Phase 1 – Audit and Assessment
- Comprehensive Agreement and Contract Review
- Current Market Assessment
- Account and Performance Management Assessment
- Identification of Issues and Gaps
- Report Out on Cost Reduction and Value Creation Opportunities
- Go / No-go Decision
Phase 2 –Strategy Creation
- Situational Analysis
- Market Research
- Sourcing / Negotiation Strategy Creation
- Sourcing / Negotiation Plan Development
Phase 3 –Execution
- Preparation
- Execution to Sourcing / Negotiation Plan Tasks and Activities
- Update Contractual Documentation
- Summarize Results and Accomplishments
UpperEdge’s COS is a perfect fit for those companies looking to enhance their execution ability and drive greater results from existing cost reduction strategies. COS is also a great fit for those companies seeking new IT cost reduction opportunities. To learn more about UpperEdge’s COS offering and our results, please e-mail info@upperedge.com or call 617-412-4343.
