Foyens
Engagement Model
Foyens Engagement Model
Foyens provides the most flexible Engagement Models so that Companies can:
- Begin with Single resource such as one position of financial analyst or Multiple such positions
- Opt to outsource complete functional areas
- Avail sophisticated and highly efficient quality services and solutions.
- Avail opportunity to choose exactly who you need for your project from multiple service providers.
- Concentrate more on core business activities.
- Develop Internal Staff.
In the initial discussions with the prospective client, Foyens makes it a point to understand and evaluate the project requirements, project complexities, as well as the volatility of the client's business needs. Based on the project complexities and business volatility, we recommend an appropriate engagement model for the relationship to start. The rationale behind this is to assess technology risks, business risks and manpower risks and mitigate the same by an appropriate deployment of Foyens resources.
Foyens has evolved engagement models to suit an intermediated business model, with a clear value proposition for an onsite business partner and an offshore team.
Foyens has evolved engagement models to suit an intermediated business model, with a clear value proposition for an onsite business partner and an offshore team.
Foyens also provide 60 days free trail* period of any of our F&A services. The Company delivery models include Onsite, Offshore and Onsite/Offshore.
We offer Finance & Accounting outsourcing services on the basis of the following three engagement models. These are:
Full Time Equivalent (FTE)
Foyens provide Clients a team of full time equivalent employees for the specific requirements of setting up an offshore development center. Clients may choose to hire a single professional and gradually scale up to a full-fledged development center.
Fixed Price
This model allows the clients to get a predictable budget for your project and considerably low perceived risk Fixed Price Model suits best for clients who wants fixed price for fixed scoped project. Typically asked for by clients with less project requirement clarity and offered by us only when we have high clarity on the requirement.
Time & Material (T&M)
With the time and material engagement model, Clients' costs and schedule will vary depending on their specific requirements and on the complexity of the project. This model gives the clients maximum flexibility, allowing them to make substantial revisions to their project even as it is being developed.
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