More and more, third-party risk management leaders turn to workflow platforms to match their resources with program demands. Organizations can save time and resources by automating key lifecycle phases, such as vendor onboarding, risk identification, assessment, remediation management, and ongoing monitoring, while improving efficiency, consistency, compliance, and decision-making. As third-party risks continue to increase, implementing a workflow platform is essential for organizations of all sizes and industries.
Winning with third-party risk management workflow begins with selecting a robust platform that allows flexibility to suit your program's unique needs. Your chosen platform should provide foundational building blocks to automate critical tasks throughout the third-party risk management lifecycle -- as early as vendor selection through offboarding.
Download our TPRM workflow white paper and learn how to: