Experience Is Key
While managing IT contracts may seem like a blocking and tackling exercise, getting the most favorable terms can have a significant impact on the scalability and ROI of a company’s infrastructure. In order to make wise IT investments that address the needs of today and the future, knowing the best practices of contract negotiations is essential.
Procurement, and contract negotiations in particular, is a nuanced exercise and one that involves continual learning. As such, the more experience and exposure a company has to contracts, whether basic terms and conditions or more sweeping master services agreements, the better equipped that company is to establish optimal contract structures. It’s precisely that lack of specific contract experience that often leads enterprises to work with experienced industry advisors to craft the right terms for their infrastructure at the right price.
How NEF Can Help
NEF has reviewed and negotiated thousands of contracts for clients, which enables them to understand the intricacies of infrastructure agreements as well as gives them the ability to develop creative terms and structures to benefit clients and providers. Armed with substantial knowledge of providers and niche expertise in solution design, NEF can negotiate terms that align budgetary requirements with business objectives.
To learn more about how NEF can augment your infrastructure contract review process, talk with us today.