Best Practices for Ongoing Vendor Monitoring

2021 Webinar Graphics (41)

Third-party risk management doesn’t end when you sign the contract to onboard a new vendor or service. As regulations evolve, market conditions change and unforeseen circumstances take effect, it’s important to keep tabs on your vendor population to make sure risk hasn’t creeped back into your organization. Ongoing vendor monitoring is just as critical as pre-contract due diligence, but many organizations struggle to keep pace with a vendor population that only gets larger and larger each year.

On-Demand Webinar Summary

2021 Webinar Graphics (41)

Attendees will learn how to:

  • Design review cadences using inherent risk calculations
  • Properly scope due diligence based on vendor criticality
  • Incorporate expert ratings into review processes
  • Improve vendor response rates, times and quality
  • Integrate vendor service reviews with assessment processes
  • Prepare contingency plans for unforeseen situations