Third-party risk management is a key priority among businesses today. Risk leaders are being forced to quickly adjust to an evolving risk landscape and a growing number of vendors. As a result, companies need an efficient way to handle their vendor management process.
Attendees will learn how to:
- Incorporate automation to increase efficiency and agility;
- Build a scoring system to calculate inherent risk and auto-scope due diligence;
- Incorporate industry-standard questionnaires into assessment processes;
- Improve vendor response rates and submission quality by reducing vendor fatigue;
- Leverage external content and ratings to assist in ongoing vendor monitoring.