Sourcing & Support models
Every organisation has some level of experience with outsourcing (not all experiences are positive by the way). These days most customers are using many different solutions and suppliers, where different solutions are partly or fully outsourced (multi-sourcing).
For EPM solutions we see different sourcing models that customers are using. The part that is growing rapidly are the EPM Cloud solutions based on a SAAS model, basically outsourcing to the software vendor in combination with a subscription-based payment model. But even with these solutions there are often other parties still involved, like your IT department or an external consulting firm. And the EPM Cloud applications usually have multiple integrations with other solutions.
Besides outsourcing and multi-sourcing, it might be beneficial to also look at (partly) insourcing your EPM solution, especially if you are using On-Prem EPM software and you have your source systems and BI systems running internally or within your own IAAS setup (like AWS or Azure). There could be many advantages when it comes to data integration, system and application performance, compliance and security.
We can help you to define and transition to the sourcing model that fits best for your situation and requirements. And we can also help you with the operational support after a successful transition.
Governance & Compliance
How do you make sure that you stay in control of your EPM solution? Is it clear who is responsible and accountable for all the different parts of your solution?
Governance & Compliance is a challenge for every large corporation and is not limited to your EPM solution. But the complexity for EPM solutions has increased significantly over the past years with the growth of SAAS and IAAS usage within EPM, the growth of integrations and dependencies, and the number of (external) parties involved. As a customer you might not even know all the parties that are involved in supporting your solution.
We can help you to assess your current situation and address the gaps in your controls framework for your EPM solution. We can also help you to improve and transition to a more effective sourcing model.