New York—Pillsbury Global Sourcing today announced the launch of its iPhone app, Sourcing Deal Tool Kit, now available for free in the App Store. Sourcing Deal Tool Kit helps deal makers calculate performance metrics and costs in IT and business process outsourcing contracts, right from their iPhone, during crucial contract negotiations and routine service management. The app's key features include tools for measuring whether downtime levels in a contract could substantially harm a business, comparing providers' performance against promised service levels and monitoring cost of living changes in different countries where service providers have operations.

"We designed Sourcing Deal Tool Kit as a fast, reliable way to crunch performance and cost numbers at the negotiating table with service providers," said Joseph E. Nash, a Washington, DC consulting principal with Pillsbury Global Sourcing, who led development of the app and shared it for beta testing with Pillsbury clients and leading service providers. "Translating contract terms into business and performance metrics historically requires a lot of offline legwork, but now customers and providers can quickly turn to their iPhones for reliable calculations instead, which can save time and further empower decision makers by keeping them well informed."