Third-Party Risk Management: Building Relationships with Confidence
While historically, TPRM has been viewed as an ancillary compliance concern largely addressed by means of written questionnaires and reliance on standard contractual provisions, the emergence of a new regulatory climate demands a novel approach to TPRM; an approach characterized by building and sustaining a relationship of mutual trust between the primary contracting organization and the third parties it enlists to provide goods or furnish services.
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- What you'll learn:
- How to manage your third-party risk management program
- Tips for fostering a culture of confidence with third parties
- How to adopt a more dynamic approach to TPRM
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- For anyone responsible for:
- Third-Party Risk Management
- Third-Party Due Diligence
- Vendor Management
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- Page length:
- 3 pages