THIRD PARTIES UMBRELLA SERVICES
You’ve identified a non-listed service provider you’d like to work with?
Our umbrella solution addresses this need by streamlining your processes.
Over the past ten years, large corporations have increasingly adopted third parties services, also known as administrative umbrella services. This approach helps streamline supplier panels while maintaining flexibility to collaborate simply and quickly with off-panel service providers.
Over the past ten years, large corporations have increasingly adopted commercial umbrella services, also known as administrative umbrella services. This approach helps streamline supplier panels while maintaining flexibility to collaborate simply and quickly with off-panel service providers.
Third Parties Umbrella Services – Use Cases
Umbrella services for IT services companies, consulting firms, and freelancers
One-off or recurring needs
To onboard service providers more quickly
To test service providers before formal listing or approval
Services
CONTRACT MANAGEMENT
-
Response to tenders / Commercial proposals
-
Management of purchase orders or service contracts
-
Management of subcontractor contracts
COMPLIANCE
Various elements monotored based on clients requirements:
-
Combating undeclared work, tax compliance, professional liability insurance
-
Business ethics, sanctions, PPE, adverse media
-
CSR
-
Cybersecurity
BILLING AND PAYMENT
-
Time tracking and fast client billing to meet your fast closing requirements
-
Subcontractor payment within 45 days, with the possibility of early payment, regardless of client payment terms
MONITORING
Detailed reports on non-listed providers, types of services, activity volumes, and involved clients
NEXORIS THIRD PARTIES UMBRELLA SERVICES MEANS…
SIMPLICITY
A partner to centralize all aspects of managing non-listed service providers (contracting, billing, payments, compliance).
Facilitating umbrella services for foreign providers.
RESPONSIVENESS
A team capable of quickly handling all your commercial umbrella needs, with dedicated contacts.
COST REDUCTION
Streamlining processes and reducing costs for your supplier accounting and the control of compliance of service providers.
Advising on pricing of specialized services.