The business environment, in which companies operate now, is highly uncertain and volatile. This makes third-party risks difficult to identify and mitigate in time, leading to serious issues which affect an organization’s profitability and reputation.

The complexity of supply chains, continuously evolving industry regulations, and growing dependencies on products globally provide the impetus to develop third-party intelligence and improve risk awareness. Companies are required to scrutinize their third-party relationships to mitigate critical risks and comply with industry mandates.

Third-party intelligence provides insights on risks that require immediate action, escalation or continuous monitoring. The recognition of potential risks and gaps enable the companies to seek appropriate relationships with third parties in order to mitigate the identified risks. This improves business responsiveness and mitigates loss impact.

Join this webinar to understand:

• Improving visibility of third-party risks, compliance and performance
• Managing third-party risks in the extended ecosystem
• Building an effective third-party management program
• How technology plays an important role in improving third-party intelligence

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