Alternative Sourcing
Overview
Alternative Sourcing differs from Traditional Sourcing in that Alternative Sourcing professionals tend to require much more flexible work arrangements. Alternative Sourcing focuses on individuals who typically are not "career contractors." These are talented managers and executives have come to points in their careers where they desire a break from their busy corporate jobs and instead choose to stay at home. Nonetheless, they have a breadth and depth of knowledge that is extremely valuable to companies.
Benefits
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Meeting temporary human resource needs without long-term commitments |
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Lower costs for companies |
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More flexibility for talented professionals who desire flexibility |
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Giving company personnel more time to perform functions that are more important |
Examples of applicable situations where Alternative Sourcing would be useful:
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Auditing a particular application or IT environment |
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Control reviews for implementation of a new accounting software package |
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"Big 4" guidance for controls rationalization / optimization |
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Completing internal audit test plans |
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Areas requiring more expertise such as tax, derivatives, IT |
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Any situation where a full-time on-site internal audit consultant is not needed |
