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Effective URL: https://www.prevalent.net/content-library/how-to-bridge-the-gap-between-third-party-risk-and-contract-management/?utm_sour...
Submission: On July 26 via manual from US — Scanned from DE
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Cookie declaration last updated on 17.07.22 by Cookiebot RFP Toolkit for Third-Party Risk Management Solutions: Free Customizable Template and Scoring Sheet! * Use Cases Third-Party Risk Management Unify vendor and supplier risk management and compliance throughout the 3rd-party lifecycle. * Sourcing & Selection * Intake & Onboarding * Inherent Risk Scoring * Risk Assessment * Risk Monitoring * SLA & Performance Management * Offboarding & Termination IT Vendor Risk Management Stay ahead of data, privacy and operational risks from IT solutions and services. * Information Security & Cybersecurity * Data Privacy * Business Resilience Supplier Risk Management Minimize the impact of supply chain disruptions and ensure regulatory compliance. * RFx Management * Pre-Contract Due Diligence * Contract Lifecycle Management * ABAC & Ethics * Diversity * ESG * Modern Slavery * Reputational & Financial Monitoring * Supply Chain Resilience Compliance Streamline assessment and reporting across 25+ regulations and best-practice frameworks. Featured Regulations & Standards * CCPA * EBA Outsourcing Guidelines * GDPR * HIPAA * ISO Information Security Standards * NIST SP 800-53, SP 800-161 & CSF * PCI DSS * SIG Questionnaire * SOC 2 * Products Third-Party Risk Software Gain a 360-degree view of third-party risk with our self-service SaaS platform for unified assessment and monitoring. * Prevalent TPRM Platform Identify, analyze, and remediate risk throughout the vendor lifecycle. * TPRM Jump Start Discover and assess third parties in 30 days or less. IT Vendor Risk Software Assess, monitor, analyze, and remediate vendor information security, operational, and data privacy risks. * Vendor Risk Assessment Automate third-party risk survey collection and analysis. * Vendor Risk Monitoring Gain insights into vendor cyber, business, and financial risks. * Privacy Jump Start Assess adherence to GDPR, CCPA, NYDFS, and more. Supplier Risk Software Assess, monitor, analyze, and track supplier contracts, plus financial, reputational, ESG, performance, and compliance risks. * RFx Essentials New Strengthen RFP and RFI processes with automation and risk intelligence. * Contract Essentials Automate the vendor contract lifecycle – from onboarding to offboarding. * Procurement Jump Start Conduct due diligence for ABAC, ESG, SLA performance, and more. 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Featured News & Events * News Prevalent Achieves Record-Breaking First Half of 2022 with Over 50% Growth * News Prevalent Unveils New Request for Proposal (RFP) Solution * News New Study Reveals Organizations Not Equipped to Handle Third-Party Security Incidents * News Prevalent is Recognized as a 2022 Gartner Peer Insights™ Customers’ Choice for IT VRM * Resources Resources * Blog Get insights and guidance on third-party risk management. * Content Library Access on-demand webinars, white papers, RFP templates, and more. * Customers & Case Studies Hear how customers benefit from Prevalent solutions. * Risk Calculator How mature is your third-party risk management program? * Solution Comparison See how Prevalent stacks up against the competition. * Free TPRM Tools New Get a free TPRM maturity assessment, a comprehensive risk monitoring report, or business & financial monitoring for 20 vendors. Featured Resources * Analyst Report The 2022 Third-Party Risk Management Study * Analyst Report 2021 Gartner® Magic Quadrant™ for IT Vendor Risk Management Tools * White Paper Navigating the Vendor Risk Lifecycle: Keys to Success at Every Stage * White Paper The NIST Third-Party Compliance Checklist * Contact * Partner * * Request Demo Request Demo HOW TO BRIDGE THE GAP BETWEEN THIRD-PARTY RISK AND CONTRACT MANAGEMENT One of the best tools a risk professional has at their disposal is the contract – yet, alignment between third-party risk teams and contract or procurement management is often siloed and disjointed. As organizations rely more on vendors, negotiate riskier contracts and face increased demands from regulators, it can be a struggle to connect the dots between departments. Join Tom Rogers, CEO of Vendor Centric as he discusses ways to bridge the gap between third-party risk and contract management. In this webinar, Tom will help you to: * Understand what a lifecycle approach to third-party vendor management looks like, and where risk and contracts fit in * Identify the most common gaps that create misalignment between risk and contract management * Discover practical processes you can follow to close the gaps and create tighter alignment between risk and contract management * Identify key changes you can make to TPRM governance to ensure any improvements you make will stick Aligning third-party risk and contract management can eliminate gaps in your vendor lifecycle. Watch this on-demand webinar to learn how. PLEASE REGISTER BELOW: Oops! Your browser is preventing this registration form from loading. 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