How your organisation can enhance effectiveness of third-party risk management
Procurement, IT and compliance leaders struggle to manage today’s complex regulatory environment, expansive supply chains and compliance burdens. Difficulties increase as organisations subject themselves to additional risk by involving more third parties – suppliers, sales agents, and even charities – as regulations grow ever-more complex.
These third-party threats can result in severe impact to your brand and bottom line. But compliance gaps can be managed more effectively, often by eliminating manual processes and embracing digital tools.
In this whitepaper, Coupa explains:
KPIs to measure effectiveness and prove the impact and benefits of risk management strategies
Examples of real-life third-party risk management programs – what worked, and what didn’t
Roles that governance, risk, and compliance (GRC) play in your risk management.