Strategic Sourcing for Professional Services
Source One provides practical guidance that will help you contract independent consultants and service providers and negotiate human capital agreements to your advantage.Our solutions for professional service agreements include a detailed review of terms and conditions in a standard professional service agreement, and can even verify subcontracting and non-disclosure clauses.
We will explain or work on your behalf to successfully identify all risks inherent within the terms and conditions and will help you evaluate those risks and the impact they have on your organization. Our team will help balance the terms and conditions of your service contracts and will balance them with the needs and desires of your suppliers.
Our professional services workplan summary includes:
- Capturing spend data and conducting spend analysis to identify sourcing opportunities for the assigned services and commodities,
- Review / Develop Statements of Work (SOWs),
- Create and maintain central repository for all MSA's and SLA's,
- Perform analytical tasks such as vendor scorecarding, trend analysis and performance metrics,
- Perform market research and develop actionable strategies to better manage and improve organization's use of contingent workforce,
- Participate in cross-functional team in developing vendors, service levels, quality, capabilities, capacity, financial solvency, and steering committee during the sourcing selection process (supplier scorecard),
- Determine qualified vendors, prepare and issue RFx (RFI/RFQ/RFP), and ensure timely response,
- Analyze vendor proposals for responsiveness to RFx requirements, and
- Negotiating multi-year pricing and contract terms and conditions for Master Service Agreements (MSA) with contingent labor and professional services vendors.
Though helpful, Source One does not need to be engaged at the start of your professional services sourcing initiative. Often, we are capable of producing superior results when engaged at the contracting phase of your initiative.
Learn more about our contract negotiation services.
Expense Reduction
The strategic sourcing process can be applied to more than just products and commodities. Our spend analysis services will help identify the service areas that your organization may focus on to drive cost savings.
Source One can often produce results at the end of your initiatives. It is not too late to engage Source One, even if you have already reached the final contracting phase. Read more about our negotiation services.
Contracting Services
Don't know where to begin? We do. Let us conduct a spend analysis to help you determine what areas your procurement department should focus its efforts on.
Spend Analysis Services









