Extended Enterprise
Maximise revenue, mitigate risks, and strengthen relationships
Extended Enterprise helps organisations evaluate and manage the risks associated with third parties (outsourcers, licensees, alliances, suppliers), maximising the performance of the extended enterprise and achieving strategic business objectives; optimising IT costs and limiting operational, financial, and legal risk related to the ownership and use of software, through point-in-time solutions and ongoing managed service solutions.
We offer:
- Extended Enterprise Compliance and Recovery - We work with organisations to identify and manage risks resulting from extended business relationships to enhance value, drive cost savings, manage corporate reputation and audit/legal exposure, and manage compliance—both their own and on the part of the business partner.
- Third-Party Advisory (TPA) - We help organisations maximise value and minimise the risks associated with third-party relationships. Services include the development and implementation of third-party risk management (TPRM) frameworks, and the assessment and management of third-party contracts. Additionally, we provide analytics to enhance third-party risk management, including third-party governance and risk management (TPGRM), contract management and compliance, software asset management, and automotive dealership services.
Extended Enterprise helps organisations evaluate and manage the risks associated with third parties (outsourcers, licensees, alliances, suppliers), maximising the performance of the extended enterprise and achieving strategic business objectives; optimising IT costs and limiting operational, financial, and legal risk related to the ownership and use of software, through point-in-time solutions and ongoing managed service solutions.
Risk comes in many forms, but from a business-critical standpoint, supply integrity is at risk when expectation of behaviours in the supply chain are not well understood and proactively aligned. Managing risk is critical to the success of the entire organisation, and it creeps in where you least expect it.
Approaches to managing third parties have generally failed to keep pace with rapidly expanding third-party networks and their role in organisational success. Meanwhile, most organisations have increased their dependence on third parties, which now include not only suppliers of goods and services but also affiliates and joint venture partners, R&D organisations, and sales channels, among others. As an organisation's third-party network grows in terms of size, spend, and strategic importance, the business case for integrating TPM becomes stronger.
Our latest research shows a greater level of awareness and focus on ESG in the extended enterprise, as organisations focus on more sustainable and resilient supply chains. Organisations need formal mechanisms to prioritise third-party ESG risks business responsibility and social purpose is a key element of integrated business strategies, this is demonstrated by significant growth in the level of awareness and focus on ESG in the extended enterprise. However, many organisations don’t have the formal mechanisms to assess or prioritise ESG risks in their extended enterprise, and don’t trust internal/external data available to them.
Cost and revenue recovery can be a strategic linchpin during a crisis. A robust cost and revenue recovery strategy not only helps achieve significant cost and savings benefits, but also enhances an organisation’s ability to realise—and fund—extended enterprise goals.