Ultimately, vendor management is critical to a success in outsourcing. It is also a mechanism for validating, or refuting, an outsourcing decision. When pain points reflect deficiencies in personnel, ...

Management must work to build processes and procedures to ensure that the organization can fully implement a vendor management process that can adequately address privacy and security risk.

Pathlock was named a Sample Vendor for Continuous Controls Monitoring (CCM) in the Gartner® Hype Cycle™ for Cyber-Risk ...

Communication is Key To properly measure both quantitative and qualitative results and ensure a healthy vendor-buyer relationship, BPO buyers should actively communicate with their vendors as part of ...

The good news is that establishing an effective vendor risk management program is achievable with the right plan — one that lets small teams start with a manageable scope, build a framework for ...

Explore key strategies for vendor management in auto lending amid CFPB scrutiny. Discover essential tips to enhance compliance and optimize remarketing processes.

Many companies now leverage vendor management systems (VMS) to automate their processes and manage, source and procure non-employee workers in a single system of record. They may also use a ...

Risk scoring. On-site visits. Regular monitoring. The work that goes into managing relationships with suppliers is about to increase significantly, as regulators start forcing banks to keep closer ...

During IT audits we continue to find that both management and the risk function can do a lot more after the signing of the contract to at least ensure that the vendor is fulfilling their signed ...

Commentary The New Vendor Management World Under NYDFS' New Cyber Regulation To overcome the challenges in maintaining compliance after the deadline, covered entities must implement a highly ...