Swingtide offers tightly integrated teams of sourcing, contracting, financial, and technical experts. Our competitive advantage is the depth of experience and proven, practical solutions developed as leaders and advisors in many industries. Our fact-based methodologies provide sustainable benefits. By focusing on what’s right, we never suggest anything we wouldn’t have done ourselves from the client chair.
Swingtide, Inc. was founded in 2001 as a venture-backed software company. Swingtide has since been transformed to an employee-owned consulting firm with deep expertise in IT sourcing, technology management, and IT finance. Its methodologies have been developed over many years as senior IT executives and advisors to large and small companies across industries.
Our high-performance team is a rare mix of sourcing, contracting, financial, and technical experts. We’re a team you’ll like to work with.
Our tightly integrated team of experts have a thorough understanding of IT, finance, and sourcing.
We take a holistic view of each transaction ensuring relationships can be administered through their life and appropriately reformed to address changing times.
Our tightly integrated team of experts have a thorough understanding of IT, finance, and sourcing.
We take a holistic view of each transaction ensuring relationships can be administered through their life and appropriately reformed to address changing times.
We use a fact-based, detailed methodology that is customized to align with your corporate culture.
We offer solutions that meet your unique organizational requirements while leveraging best practices.
Our methodologies have been developed over many years as senior executives and advisors to large and small companies across industries. For nearly thirty years, the members of the current Swingtide team have worked together in solving technology business and supplier relationship problems.
Our solutions were initially developed out of necessity as a result of challenges we faced when we were in the client chair. From there, we have evolved these Swingtide methodologies through many different experiences over the years. The result is proven methodologies and solutions that address today’s problems.
All businesses rely on external relationships. This simple truth is often overlooked by companies regardless of size or industry. To be successful, companies must depend on other businesses, individuals, or other outside parties for products or services, and more specifically, companies must rely on their contracts with these external parties to ensure their business needs are being met.
Even when the dependence on external parties is understood, the relationships aren’t managed with the same diligence as internal relationships. Many organizations do not know what is in their contracts with critical external parties, pay more than the contract requires, don’t comply with their own obligations, can’t find the documents, or just don’t manage the relationship. Ignoring contracts with external parties and the broader relationships they support – or simply choosing not to actively manage them – can have negative repercussions: business-disrupting disputes, constraints on strategic initiatives, regulatory exposure, compliance risk, and higher costs.
Swingtide CVLM provides a holistic approach to the full life cycle of the relationship with the external parties you rely upon. While traditional vendor lifecycle management typically encompasses the contract and how it is filed, Swingtide CVLM’s Complete Lifecycle Management approach includes sourcing, contracting, and vendor management with every step focused on the primary objective to get the most out of your external relationships.
The tool Swingtide has developed to support this approach is Tiri. After an exhaustive search of the market confirmed there were no existing products or combination of products to meet our needs, we developed our own. Most market solutions offered a repository with limited workflow, no support for vendor management, and lacked the needed real-time reporting. None offered the controls needed to maintain data integrity nor provided the security needed to protect the confidentiality across multiple clients. Tiri enhances our service offerings and provides our clients with a unique view into all aspects of their third-party relationships.
Initially focused on healthcare information technology, the following dynamics within healthcare have led us to expand our offerings to address the lifecycle of all vendor relationships:
Over the last ten years, we have assisted healthcare providers in everything from the development of vendor lifecycle management functions, competitively sourcing critical solutions, negotiating over 30,000 healthcare contracts with more than 8,000 suppliers, resolving simple and complex disputes, and managing critical vendors.
Our experience in healthcare allows our clients to learn from the experience of others while developing the right solution for their organization.