Rapid Action for Cost Elimination (RACE) - Tools Clients Can Use Immediately

The RACE framework is designed to help organizations reduce 3rd party costs in as little as 30 days.

  • RACE focuses on services and technology spend
  • RACE evaluates opportunities across 4 dimensions:
  1. Identifying and resolving pricing and billing errors 
  2. Rationalizing spend for unused services and technology (e.g., unused licenses, technology fund) 
  3. Applying the flexibility built into existing contracts (e.g., partial termination, on/offshore mix) 
  4. Collaboratively engage with providers to quickly adjust the solution and commercial relationship (e.g., term extension, SLA relief)

race

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