Getting smarter with third-party risk management: How to achieve operational efficiency

16 January

Getting smarter with third-party risk management: How to achieve operational efficiency

This paper explores how outsourcing parts of third-party risk management (TPRM) activity can help strengthen an organisation’s risk management process and free up in-house staff to focus on more value-add activities

In a complex and constantly evolving risk landscape, the burden on organisations to stay on top of TPRM is a heavy one. But given the potential implications, not doing so simply isn’t an option.

Outsourcing parts of TPRM activity can help strengthen an organisation’s risk management process and free up in-house staff to focus on risk management rather than process management.

Read this Supply Management Insider white paper, produced in partnership with S&P Global, to discover how your firm may well be missing out on opportunities for value optimisation. TPRM is a discipline that needs to be properly and expertly managed. Taking a ‘patchwork’ approach will no longer cut it in such a volatile and challenging environment. It’s time to get smart around TPRM.