Party Relationship Management manages the lifecycles of an enterprise's relationships with parties. A relationship with new parties may be required to broaden the services a service provider offers, to improve performance, for outsourcing and out-tasking requirements, and so forth. <br/><br/>These processes also manage the termination and re-establishment of a relationship with other parties, as well as evaluating the viability of continuing the relationship with the Party according to Party agreements.<br/>
