Third Party Risk Management outlook 2020

Third Party Risk Management outlook 2020

Organizations are increasingly reliant on third-party suppliers to deliver business-critical products and services to their clients and customers...

A boy and a girl are climbing

How should a business  transform its TPRM program, to ensure it is optimized across the four pillars of governance, process, infrastructure, and data? In our view, transformation is driven by a constant cycle of program uplifts, process optimization, and innovation. To make this happen, on a practical level, there are four key steps that businesses should take: agree on the vision, build the model, optimize, and evolve.

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