Inex One works to improve transparency and efficiency in the expert network industry. We work closely with major investment and analyst firms to improve their work flows when using expert networks. Our discussions have given us great insight into how firms use and evaluate expert networks.
How to evaluate expert networks
When you compare expert networks, consider the following features:
- Specialization – Does the expert network have internal expertise that can give them in-depth understanding of your request? A specialized expert network can be a proactive thought-partner, instead of a reactive order-taker.
- Geographic footprint – Does the expert network have a footprint in your target markets, with knowledge of the local languages and customs? This will help them to source relevant experts more effectively.
- Price and pricing model – Does the expert network require you to pay annually up-front, or can you pay-per-use? What price do you pay per credit, and for related services like transcripts and surveys?
- Compliance infrastructure – Does the expert network display a commitment to compliance and high professional standards? Can you access their compliance contracts, policies and practices, and do they seem reasonable? Is there a legal
- Data infrastructure – Is the platform on which expert calls are managed secure and robust? Can you access documentation on its structure, and policies around e.g. data access restrictions, and breach contingency plans?
Inex One supports you in your selection of expert networks. Contact us to discuss your evaluation of expert networks, or visit the Expert Network Directory for an ever-growing list of all the expert networks that we come across.
Major investment and analyst firms use our EMS to manage their expert networks in a secure one-stop-shop. The EMS helps them save time and money, while improving compliance and data integrity.