Pricing Assurance 

The dynamic nature of the outsourcing industry, coupled with the myriad customized solutions offered by onshore, nearshore and offshore providers, makes it extremely challenging for buyers to determine and align appropriate prices per global market standards at each stage of their outsourcing engagements. Yet failing to do so can result in overpaying by up to 20% throughout the sourcing lifecycle. 

Everest Group's Pricing Assurance is a suite of pricing intelligence research offerings that help outsourcing buyers:

• Evaluate the financial health of their outsourcing engagements via comparisons to current global industry standards
• Identify pricing improvement and negotiation opportunities in their existing contracts with providers
• Benchmark offshore and global service provider pricing
• Compare and validate service provider pricing at multiple delivery locations
• Review provider pricing in order to maximize outsourcing returns
• Rationalize their sourcing portfolio and optimize their outsourcing spend

Everest Group's Pricing Assurance service offerings include: Input- and  Output-Based Benchmarking, comprehensive pricing diagnostics which benchmark service provider operating costs and pricing, and evaluates key pricing drivers and trends; Skill Portfolio Rationalization, which identifies and solves the root causes of role definition-related pricing misalignments, and Value-Based Pricing Assessment, which assesses optimum service provider pricing variations based on evaluation of the value delivered. Other benchmarking services for outsourcing buyers include Pricing Model Evaluation, Contract Benchmarking, and Operational Metrics Benchmarking.

Everest Group also addresses outsourcing service providers’ benchmarking needs by helping them:

• Validate their cost-based pricing approach compared to industry standards
• Understand the current cost-price landscape as a new entrant in a sourcing geography
• Gain cost insights for price bids at new buyer locations
• Understand pricing trends and potential areas for price optimization

For more information on our Pricing Assurance research offerings or to request a briefing from one of our analysts, please e-mail hank.satterthwaite@everestgrp.com or call us at:
+1-214-451-3110
+91-124-496-1000
+44-870-770-0270