A multinational chemical company was in the process of outsourcing a part of its Human Resources processes to third party vendors. The chemical company required assistance in developing financial parameters for its “Invitation for Bid” documents and evaluations of bids received subsequently.

Relevante’s professionals worked in conjunction with the top management of the company to develop a comprehensive IFB document for the company. Relevante’s professionals were also extensively involved with evaluating the bids received by employing financial modeling techniques for allocation of various components of overheads that were mentioned in the bids so as to assist the company in its decision making process regarding the award of the bid.