Strategic outsourcing relationships typically suffer value erosion of up to 20% of ACV when managed using traditional supplier governance models.
The traditional governance approach, already limited in effectiveness due to its manual nature, is further constrained by the use of incompatible systems across the organization for managing contracts, service delivery, projects, invoices and risk. This makes it impossible for organizations to stop the value leakage.
Download this whitepaper to learn how the above challenges can be addressed through a technology-driven, integrated governance approach.
Key Takeaways:
Causes of value leakage in strategic outsourcing relationships
Overview of existing supplier governance solutions
Technology-driven governance solution can reduce value leakage and improve supplier performance through transparency and analytics
