Skip to the content

Procurement Market Intelligence Report

Forensic Accounting Services Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Forensic Accounting Services?

What is the average price of Forensic Accounting Services?

This procurement report includes pricing information to help you purchase Forensic Accounting Services. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.

Has the price of Forensic Accounting Services been rising or falling?

Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.

I’m not ready to purchase Forensic Accounting Services yet. Will I pay more if I wait too long?

We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.

What other costs are associated with purchasing Forensic Accounting Services?

Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Forensic Accounting Services with a reduced risk of unexpected costs.

See how we display average pricing information, trends and market data.

Find the vendor to meet your needs

Where can I purchase Forensic Accounting Services?

This market contains roughly 5,000 vendors. Major players include Deloitte, PricewaterhouseCoopers, KPMG and Ernst & Young, which are known as the Big Four. Although these vendors bring in a significant amount of revenue, typically earning over $10 billion annually, revenue attributable to forensic accounting services is minimal and does not... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Experience

How many years has your company been a provider of forensic accounting services?

How have your operations changed over the past decade?

Who have been your largest clients?

To date, how many clients have you served?

How many legal cases have you provided your services for? What percentage of these cases did your client win?

Supplier Capabilities

What is the largest size business that your company has provided services for? What is the potential maximum size?

How many offices do you operate out of in the United States? Do you have any international locations?

How does your company cope with periods of high demand?

How many clients do you currently serve? How many are you capable of serving simultaneously?

Employee Turnover

What is your employee turnover rate?

How do you retain your employees?

If an employee assigned to my account leaves the company, will he or she be replaced by an employee with equal or greater qualifications?

What is the average tenure of your employees?

“Sending out RFPs used to be a nightmare”

Let’s chat about how procurement market intelligence can reduce 
the time you spend issuing RFPs.

Key elements for every RFP

What should my Forensic Accounting Services RFP include?

Project Budget

Buyers should provide a budget and specifications regarding what circumstances allow for exceeding the budget.

Buyers should provide a breakdown of the budget for each service being requested.

Buyers should provide details regarding contingency costs.

Buyers should state whether additional costs, such as transportation, are included in the budget.

Selection Criteria

Buyers should assess the level of relevant experience of each supplier.

Buyers should look at the price of each suppliers’ services, as well as any additional fees that may be included.

Buyers should look at suppliers' past projects that are similar to the services being requested, and the performance of the suppliers on said projects.

Project Schedule

Buyers should provide a breakdown of key dates regarding the RFP process, such as the date to submit questions and the final date to submit bids.

Buyers should provide the date by which suppliers will be chosen and notified.

Buyers should provide a timeline of key dates once the project has begun.

Evaluate major factors to mitigate risk

How risky is the Forensic Accounting Services supply chain?

Over the three years to 2018, the supply chain associated with forensic accounting services has been presenting a low risk of service disruptions. Forensic accounting services are primarily reliant on a supply of skilled and knowledgeable employees. As a result, the few remaining upstream suppliers that service providers rely on... Subscribe to learn more.

HIGH

MEDIUM

LOW