As more and more companies look to develop sourcing strategies to save costs and explore new business opportunities, among their chief concerns is to account for the risks of such transactions. Avasant consultants can identify and minimize your risk exposure from a business, contractual and regulatory standpoint for sourcing transactions. Our consultants have unique expertise in the US and international regulatory environment and will help you comply with data privacy laws (such as the EU Privacy Directive and HIPAA), export control and trade practices (such as the US Foreign Corrupt Practices Act (FCPA)) and local laws and regulations which may have a direct or indirect impact on services that are performed in nearshore or offshore locations. Our expert risk analysis and contract negotiations teams will also identify the scope of risk in your particular transaction and provide you best practices on how to allocate such risks between you and your service providers in order to maximize the value of your sourcing strategy.
