In different situations, third-party companies can play different roles, such as suppliers, service providers, consultants, audit institutions or other partners.
Third-party companies provide professional services or products to help complete a task or achieve a goal, rather than the initiator or ultimate beneficiary of the project. In legal and commercial transactions, the intervention of third-party companies often needs to abide by specific contract terms and industry regulations to ensure that the interests of all participants are properly managed and protected.