A question many Third Party Risk Management and vendor management professionals often find themselves asking is: how do we work in a cohesive, organized way to sufficiently mitigate third party risk while enabling the business to move forward with third party relationships?
This video provides insight on how to integrate TPRM into the rest of the business, including common goals & challenges, tips for improving process integration with business stakeholders, key aspects of governance needed to make integration work, and provides a TPRM lifecycle-based framework to enable better integration.
This month’s video was made possible by Tom Rogers, CEO & Founder of VendorCentric, for his presentation at TPRA’s July 2022 Practitioner Member Meeting. (To watch the full presentation, TPRA Members can visit our Previous Meeting page and navigate to the July 2022 meeting recording: www.tprassocia....
TPRM Explained is an educational series which focuses on topics related to third party risk management. Topics come directly from our end of year survey on the pain points our practitioners are experiencing within their own programs. Remember to like and subscribe!