Webinar Panel: Finding Harmony Among Compliance, Legal, Procurement, and Third-Party Risk

On-demand Webinar

Finding Harmony Among Compliance, Procurement, Legal, and Third-Party Risk Management

When running a third-party risk management program, there are many stakeholders with unique needs and priorities that can make budgeting, business needs, and priorities more complex.

Cybersecurity and TPRM teams are focused on knowing the state of each vendors’ security and risk programs, reducing risk, ensuring data security processes are followed, and preventing breaches.

Procurement plays an important role in ensuring the organization by negotiating contractual agreements that protect the organization and prevent legal risk and maximizing the benefits of an outsourced agreement.

General counsel and legal teams are focused on looking at the probability of loss, such as a third-party vendor not upholding their contractual obligations that in turn have a negative impact on the business.

Together, these three department stakeholders influence the efficacy, productivity, budget, and decision-making for third-party risk management programs.

In this webinar, experienced professionals will share how they have achieved productive collaboration with other stakeholders when it comes to third-party risk.

Download the webinar to learn:

• Strategies to avoid team silos
• How to stay productive without compromising process
• Communication best practices among stakeholders
• Understanding departmental needs and how to prioritize them
• How to stay aligned and work together