This year’s data revealed that organizations with advanced approaches to third party risk management noted a significant difference in their program’s outcomes—including accurately scoring third party risk, compliance with laws and regulations, monitoring all third parties and documented processes and controls.
Those with automated due diligence systems report even better results, despite major challenges such as increasing legal impacts and lack of resources.
Get the benchmark data to measure your own third party risk management program’s effectiveness.
This content is part of MIS Training Institute’s Partner Content Series and developed by the sponsor. MIS Training Institute was not involved in the development of this content.