Digital Contract Services
Harnessing the potential of digital contracts
Services now dominate the outsourcing industry, driven by digital transformation, technological advancements, and the increasing demand for expertise in each functional area within the organisation. Organisations are now expected to be proactive in governing outsourcing contracts to minimise risk and value leakage to achieve business goals in this current environment.
The future of compliance
Building strong compliance mechanisms “now” for a robust “next”
In the current compliance and risk landscape, compliance has shifted from a discretionary activity to a mandate for organisations. Lapses or violations can potentially subject the senior leadership to legal action and penalties. Furthermore, infractions of the law and regulations can pose a significant threat to an organisation's reputation, especially considering the growing number of rules and regulations and heightened sensitivity to climate change and environmental concerns. While implementing compliance programmes might present challenges for some enterprises, many are actively working towards achieving their compliance goals.
Several factors critically affect an organisation’s compliance hygiene, including:
