Third Party Risk (TPRM)
Third Party Risk Management
In today’s complex business environment, Third Parties play a key role in the success of your organization. However, relying on Third Parties brings added risk. Managing these vital relationships and risks is important to ensure third-party products and services comply with applicable laws, regulations, and security best practices.
Third Party Risk Management is here to help! We will help you develop a program based on industry best practices that your team is able to then manage moving forward. Our program is designed to:
ENHANCE VISIBILITY – Create or improve your third party risk oversight and overall health of the third party relationships. The overall goal would be to ensure your team is able to cultivate reliable, long-term partnerships to position your company to be successful.
Award Winning Software – provides your organization with award-winning Third Party Risk Management Software that allows your organization to manage a comprehensive vendor management process and obtain a holistic vision of your vendor management appetite. Our solution enables efficient Third Party due diligence, Third Party risk assessments, planning, vendor contract review, ongoing monitoring, and oversight. Additionally, our solution allows you to manage vendors throughout the entire vendor risk management lifecycle.