Third-Party Contract Benchmarking in Outsourcing: Going Beyond Cost optimization to Drive Transformation | Blog
Everest Group
OCTOBER 24, 2024
Benchmarking allows businesses to assess whether their contracts are competitive and aligned with market realities.  Traditionally, contract benchmarking focused largely on costs and pricing , which remains an essential element. The reason was a provider-biased cost of living (COLA) clause.
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