Results have shown Third Party Risk Management (TPRM) is a strategic priority. Businesses are taking the proactive approach to explore, refine and expand their existing processes through technology enablement and innovation. However, for many, TPRM remains a work in progress.
Organizations can improve business resilience across critical services by accurately understanding the role third parties play in delivering these services and appropriately assessing how they are able to manage risk and their reputation.
In this report, we set out our key findings and provide our TPRM framework and methodology to help support organizations in their quest to improve and sustain their TPRM program.
For further insights and a deeper dive into our findings, download the full report.