3rd party risk exposure? Here’s how to vaccinate your organization.
In an increasingly complex and risk-prone world, the ability to manage contract compliance and supplier risk is often too difficult to be effective. As this webinar with IACCM (International Association for Contract & Commercial Management) shows, it’s often because many requirements are buried deep in custom documents relying on key employees and inefficient manual processes to monitor.
Since third-party risk often falls between different “chairs” or department responsibilities, the issue of third-party data management often gets addressed with stand-alone point solutions like SIM, GRC or CLM, unable to connect the dots between suppliers and their contracts.
By unifying 3rd-party risk on a common platform, organizations are able to consolidate supplier information management and contract management information as part of wider source-to-pay processes to improve collaboration.
Watch our on-demand webinar featuring IACCM, How to Quarantine Your 3rd Party Risk. You’ll learn the benefits and approaches to improving the alignment of 3rd-party risk management through the power of a common platform to create a line of defense for IT, legal, finance and procurement teams.
During the webinar we will share how consolidating third-party data in one source between departments allows organizations to:
Learn what your organization can do to inoculate itself from outside risks brought in by third parties — vendors, suppliers and other providers — Watch the webinar now.
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