As a risk professional, unexpected risks from various third-party relationships have the potential to hurt your company's bottom line. How do you keep up with business demands to expand and diversify your third parties while properly managing and mitigating risk from those relationships?
For guidance, download the 7 Step Guide to Third-Party Risk Management to learn steps to embed effective third-party risk management practices into your growing value chain.
Navigate through these seven important steps:
- Should you outsource activities to third parties
- Evaluating third parties
- Negotiating contracts
- Integrating third party efforts across your enterprise
- Continuous monitoring
- Ensure business continuity
- Technology options to manage third party risk