Services

Extended Enterprise

Maximize revenue, mitigate risks, and strengthen relationships

Extended Enterprise helps organizations evaluate and manage the risks associated with third parties (outsourcers, licensees, alliances, suppliers), maximizing the performance of the extended enterprise and achieving strategic business objectives; optimizing 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 organizations 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 organizations maximize value and minimize 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.

Third Party Risk Management

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 organization, and it creeps in where you least expect it.

Be responsible and effective: strike a balance

A desire to be a responsible business that effectively manages social and environmental issues and responsibilities throughout its supply chain, is – for the first time in five years – one of the key reasons companies invest in third-party risk management (TPRM). Deloitte’s fifth annual extended enterprise risk management (EERM) global survey report highlights six key themes, alongside the impact of COVID-19 on managing third-party risk and our predictions for 2020-21.

Extended enterprise perspective

Cost and revenue recovery can be a strategic linchpin during the COVID-19 crisis. A robust cost and revenue recovery strategy not only helps achieve significant cost and savings benefits, but also enhances an organization’s ability to realize—and fund—extended enterprise goals.

Focusing on the climb ahead: 2018 extended enterprise risk management global survey report

This third annual survey report looks at how global organizations are putting a renewed focus on enhancing EERM amid increasing dependence on third-parties. It also highlights six key areas where most organizations need improvement.

Global leader

Kristian Park

Kristian Park

Global Extended Enterprise Leader

Kristian Park is the global leader for Extended Enterprise in our Risk Advisory Practice. As a partner in Deloitte UK, Kristian works with his clients to develop governance frameworks to identify and ... More