Original Source: Corporate Compliance Insights by Tom Fox

I recently interviewed Marie Patterson, Vice President of Marketing at Hiperos, for my podcast, the FCPA Compliance and Ethics Report, on the subject of the life cycle in the management of third parties as facilitated through the Hiperos software solution.  During the interview, Marie explained the process in such a clear and concise manner that I was inspired to try and duplicate her elucidation in a more traditional legal/compliance analysis. Therefore this article will provide a framework to think through, “The Life Cycle of Third Party Management.”

Why is such a task important for your company? In a whitepaper entitled…

Contributors: Open Source
Categories: Industry Articles, SIG U Resource
SRC Type: Risk Management, Sourcing Management, Third Party Management