Press information
Augsburg, September 01, 2011 – Cost Xpert extends its product/service portfolio to IT procurement
The world market leader in the field of methodical cost estimation extends its product/service portfolio to IT procurement. In order to efficiently support IT procurement personnel in the economic acquisition process Cost Xpert developed an innovative training curriculum resulting in competent know-how transfer to these IT purchasers. The trainings' objective is to provide the participants with a methodology that enables them to systematically evaluate a proposal for plausibility and reasonableness, in a quick and easy fashion, even without specific IT knowledge. This empowers the procurement personnel to negotiate with its IT service providers with substantive and quantitative arguments based on industry benchmarks.
The world market leader in the field of methodical cost estimation extends its product/service portfolio to IT procurement. In order to efficiently support IT procurement personnel in the economic acquisition process Cost Xpert developed an innovative training curriculum resulting in competent know-how transfer to these IT purchasers. The trainings' objective is to provide the participants with a methodology that enables them to systematically evaluate a proposal for plausibility and reasonableness, in a quick and easy fashion, even without specific IT knowledge. This empowers the procurement personnel to negotiate with its IT service providers with substantive and quantitative arguments based on industry benchmarks.
Challenges for IT procurement
The key objective for today's procurement is an efficient procurement process to economically optimize the IT supply chain. However, increasing complexity, lack of transparency of proposals and the lack of quantifiable arguments to negotiate with, while being under tremendous time pressure, create great challenges for purchasers following a traditional approach.
IME – the intelligent solution of Cost Xpert
Cost Xpert's IME (Integrated Methodology driven Estimation) provides an intelligent solution for strategic procurement management and supports the IT procurement process along the entire supply chain. This unique methodology from this innovative company with its global Headquarter in Augsburg, Germany, provides standardized KPIs for the objective comparison of proposals / IT service providers and allows for the representation of different effort and cost drivers and their impact in a traceable fashion. This creates a solid as well as transparent basis for negotiations and decision making for the purchase and/or budget allocation for any IT project.
Specialized trainings for IT purchasers
In order to efficiently support IT purchasers in the economic procurement process Cost Xpert developed an innovative training curriculum resulting in competent know-how transfer to these IT procurement personnel. The trainings' objective is to provide the participants with a methodology that enables them to systematically evaluate a proposal for plausibility and reasonableness, in a quick and easy fashion, even without specific knowledge of IT. Training participants are shown how standardized KPIs and other relevant parameters allow for the systematic evaluation and benchmarking of their IT service providers. The identification of unjustified expenditures, excessive effort and/or other surcharges in proposals can now be used to negotiate and/or demand a cost reduction. When IT procurement personnel apply Cost Xpert's IME to their procurement process they gain in-depth transparency and clarity about all relevant cost drivers which greatly strengthens their position to negotiate with their IT service providers. These specialized trainings for IT purchasers are available at Cost Xpert's HQ in Augsburg and on-site at a customer's facility.
About Cost Xpert
Cost Xpert is the worldwide leading provider of solutions and services for the Integrated Methodology driven Estimation (IME) of IT applications. This methodology, based on scientifically proven methods and models, is the key for realistic estimates for all relevant factors, over the entire lifecycle, across all domains and industries. The expertise of Cost Xpert represents a practice-oriented and intelligent solution that creates a solid and transparent basis for decisions to optimally plan and securely realize even the most complex IT applications.
