Regardless of industry, organizations are constantly increasing their reliance on third-party service providers. While these organizations perform key operational functions, they also introduce operational, financial, reputational, and compliance risks. As reliance on third parties continues to grow, organizations are facing significant challenges in delivering valuable risk information to help the necessary stakeholders mitigate risks in the extended enterprise. Third-party risk management (TPRM) technology enablement is a critical component for scaling your TPRM program to meet growing stakeholder demands.
As TPRM becomes an enterprise-wide initiative, tools must offer a collaborative way for teams to manage third-party risk.
ProcessUnity’s configurability allows you to adapt technology to your existing process (not the other way around).
Traditional assessments may not be aligned to your operational risk and compliance requirements or industry frameworks.
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