Effective Outsourcing Contracts: Best Practices

Information Technology and Business Process Outsourcing are now an integral part of corporate strategy for most companies around the world. Companies outsource not only to achieve cost savings but also to improve efficiency and to leverage the domain/technology/process expertise of the outsourcing vendors, these companies often rely on the vendor to help them gain the key advantages of outsourcing.
Due to the strategic nature of the outsourcing initiative, it is critical to select the right outsourcing vendor and structure the partnership in such a way that both parties benefit from the relationship.

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