For many organizations, managing third-party risk starts out as a relatively easy proposition because the company doesn't have too many third-party relationships. As those companies mature, however, the endeavor soon... Read More
Third-Party Management
Why you need a vendor risk management policy
In virtually every industry, organizations work with third parties such as suppliers and vendors, to improve operational efficiency, save money, and achieve greater flexibility, scalability, and agility for their own... Read More
What Is Supplier Risk Management?
The risks that threaten your vendors and contractors threaten your company as well. Every additional party added to your supply chain expands the scope of your risk and creates more... Read More
Do You Need Vendor Risk Management Software?
Whether you’re a small business or a large enterprise, a vendor risk management program, also known as third-party risk management (TPRM), is critical to the cybersecurity and long-term sustainability of... Read More
Tips for Effective Vendor Contract Management
All businesses contract with vendors and service providers, either routinely or periodically, for services that they can not do themselves. This can be anything from contracting with a payroll company... Read More