The ultimate guide to vendor compliance management
Businesses often rely heavily on their vendors to improve profitability and decrease operational costs. However, third-party relationships come with various risks, including strategic, reputational, regulatory, information security, and financial risks. If your business works extensively with third parties, you need a resource to manage vendor risk, ensuring compliance with industry regulations and standards, ethical practices, and company policies.
This vendor compliance guide consists of three chapters that outline the best practices and processes for managing vendor compliance. Download this ebook to access:
• A vendor due diligence checklist to follow when selecting new vendors
• The risk management checklist for existing vendor networks
• Best practices for managing vendor relationships