More than 80% of legal and compliance leaders tell us that third-party risks were identified after initial onboarding and due diligence, suggesting traditional due diligence methods in risk management policy fail to capture new and evolving risks.
To best identify and monitor the risks throughout third-party relationships, corporate legal departments are moving to a TPRM approach that accounts for the new ways in which organizations are relying on third parties.
Download our Third-Party Risk Management Framework to:
Streamline upfront due diligence to focus on critical risks
Create relationship controls to compel compliance
Establish business-driven methods for ongoing risk management analysis