This article discusses the highlights and lowlights of the mediation between WeRunIt and Condy Company regarding outsourcing IT services. It also includes the agreements made by both companies.
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Running head:INFORMATION SYSTEMS FOR PROFESSIONALS Information systems for professionals [Name of the Student] [Name of the University] [Author note]
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1INFORMATION SYSTEMS FOR PROFESSIONALS The highlight and lowlights of the mediation mainly includes the following: As the debate which was conducted it has been seen that the positive party is associated with providing a proposal and this proposal mainly includes the outsourcing of the It services for almost one year to the Condy Company. For this the total price that would be required is around $600,000, and besides this the service has also been associated with including the creation and maintenance of the various type of advertising related to different kind of events. Besides this WeRunIt is associated with collecting the information for the purpose of building the database. Along with this it is also to be made sure that the Condy is associated with providing support to the WeRunIt in order to keep the financial records and also for the purpose of providing help to all the participants while finishing the various kind transactions on an online basis. Besides this the Condy Company, which can be considered as the negative party also stated that they are not capable of offering all this kind of services to WeRunIt in just $600,000 along with the 3 IT experts. Due to this reason that they have to buy more IT facilities in order to avoid the breakdown of the system breakdown and this mainly happens when a large number of people are associated with accessing the website in an instantaneous way. Additionally the 3 IT staffs which are present are also not enough for the purpose of maintaining the records for each event that is occurring. The most important thing is Condy, this is an IT based company which has been associated with stating the fact that they are not capable of taking the responsibility for any kind of loss that takes place due to the payment error. As per the entire information which has been provided information, as a mediator, WeRunIt and Condy companies have been associated with agreeing on certain agreements and this mainly includes the following: 1.Addingof$100,000onextracostsforthepurposeofpurchasinganeffective management along with the financial software for Condy in order to provide help to them for the purpose of increasing the efficiency of their work. 2.3 more staffs are to be hired along with the adding of 100,000 on hardware as well as software. 3.Condy were also associated with agreeing on the taking of responsibility related to the increasing of staffs’ software skills. 4.Condy and WeRunIt also agreed on paying an amount of $800,000 dollars (half-half) in order to have an extra business insurance for the purpose of covering any type of loss that occurs during the period of contract. 5.Both the companies has been associated with agreeing on the fact for the purpose of promoting the mutual trust along with the common development as well as the address threats by making use of joint efforts for the purpose of extending their terms to a contract to 10 years.