Enterprises increasingly depend on third-party vendors resulting in increased risk exposures. Both enterprises and their vendors spend great time, effort & cost in governance and risk assessments resulting in delayed vendor on-boarding leading to business impact, increased spend, inefficient and ineffective risk assessments and vendor fatigue. If you are involved in procurement, third-party governance, relationship and risk management, you will benefit this session. You will learn about the need to adopt a shared utility subscription model for risk assessments and how it will drastically cut vendor onboarding time and improve efficiency and effectiveness.

Contributors: ENGAIZ
Categories: 2021 Spring - Digital, Summit Presentations
SRC Type: Risk Management, Sourcing Management