Third-Party Contract Management
More and more organizations are deciding to have certain services performed by individuals or entities that are external to the organization, rather than by employees. Welcome to the ever-expanding world of “third-party” contracts.
Third-party relationships are no longer a “phenomenon”; rather, they are progressively becoming a standard—and even expected—way of conducting business. Some services that are outsourced represent new initiatives or projects. At other times, work that is currently being performed by employees is outsourced to individuals or entities outside the organization.
Functions Often Outsourced
Different organizations may choose to outsource different functions. Many (and some people would argue ...
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