The significant integration of third parties into your operations means successfully managing these relationships is critical to your business performance.
Neo Group Governance Support brings transparency into third-party relationships to ensure ongoing, successful partnerships through:
Although, third party performance is often closely tied to Service Level Agreements (SLAs), unfortunately many third-party SLA compliance failures go unnoticed.
Neo Group Governance Support consistently identifies compliance issues and converts them to value through:
Resource shortages impact the enterprise’s ability to deliver. Effective management and deployment of talent must be an organizational priority for performance optimization.
Neo Group Governance Support contributes to effective resource planning, forecasting, and management thereby mitigating resource shortages through:
Today’s Global 2000 enterprise third-party contracts are too complex for manual contract management processes that result in value leakages and significantly increased compliance risk.
Neo Group Governance Support ensures that your diligently negotiated contract value is not lost after the engagement goes live through:
Sub-optimal financial management processes lead to significant value erosion when the underperformance in third-party contracts goes unnoticed.
Neo Group Governance Support benchmarks and institutes continuous monitoring to reduce this risk of underperformance and improve financial metrics through:
Compliance and governance failures at your third parties pose significant threat to your business, possibly affecting your operations, reputation, legal and financial health.
Neo Group Governance Support includes continuous risk monitoring that effectively mitigates your risks arising from third-party relationships through:
