Every organisation relies on a network of third parties to keep their operations running smoothly. But how reliable are the vendors & suppliers that you depend on?
Often third parties are individually managed by the teams that directly use their products & services leaving risk & procurement teams without a central point of oversight. Risk teams need a consistent way to rate, monitor, and compare vendors and understand the potential risks of working with each supplier.
In this eBook, our experts draw back the curtain on what an effective third-party risk management programme looks like. They share tools & techniques to automate the vendor risk management process and reveal how organisations can get a holistic view of vendor risk. Plus, they explain how automation can support teams to build a comprehensive profile of each vendor and ensure ongoing monitoring.