Outsource It!

Terminating the Outsourcing Engagement

• Define the termination process and review it with your legal team. The process should cover termination due to a successful closure and termination for cause. The most important aspects are these:

  • Legal elements such as termination letters and appropriate sign-off

  • The team ramp-down and knowledge transfer

  • Financial aspects such as termination fees and closing any open transactions

  • Equity/ownership aspects such as equipment, code, and license transfer/return

  • Termination of access throughout the organization, including access to systems, facilities, communication channels, and networks.

• Review and update your risk mitigation strategies based on the risks introduced by termination.

• Execute the ...