Third-party networks continue to expand. This drives boards and senior leaders to target TPRM programs for increased oversight and pressures risk leaders to invest in improved governance of third-party risks.
As organizations increase target TPRM program oversight, many implement governance strategies to improve information sharing across functions. However, such practices are yielding poor quality information, limiting their usefulness. Because of this lack of confidence, organizations are increasingly relying on resource-intensive in-house monitoring strategies.
Download our latest report to learn more about:
- State of the third-party network
- Governance tactics
- Due diligence practices
- Monitoring third-party