Join us as we discuss best practices for scoping assessments in vendor due diligence.
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With more and more vendors to onboard and monitor post-contract, third-party risk teams can struggle to keep up with the assessment workload. Ultimately, many organizations are asking too many unnecessary questions or not enough necessary questions. These inefficiencies lead to slower results and the potential for more risk.
Incorporate inherent risk into assessment scoping
Generate self-scoping questionnaires
Build “emergency-use” questionnaire templates for unexpected risks
Map your questions to industry frameworks, regulations and standards