Co-sourcing is a business practice where a service is performed by staff from inside an organization and also by an external service provider. It can be a service performed in concert with a client's existing internal audit department. The scope of work may focus on one or more aspects of the internal audit function. Co-sourcing earns advantage over Total Outsourcing in a way that it minimizes sourcing risks, brings in transparency, clarity and better control over the processes outsourced.
Our Co-Sourcing model ensures that the strategic control and innovation layer is retained with the client, planning is done collaboratively and operational excellence is delivered by us. This combination not only offsets the drawback of traditional Total IT Outsourcing, not being aligned with the buyer company’s strategy, but also provides cost benefits associated with total outsourcing. The approach really makes sense when the client company already has a global outsourcing strategy.
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