TPRM Program Implementation and Development

PRIMARY CONTACTS:
Eric M. Wright CPA, CITP
William M. Deller CISA, CTPRP, CTPRA, CCSFP

Based on your capabilities assessment results, Schneider Downs also can develop a comprehensive implementation project plan with targeted goals and benchmarking.

This helps to operationalize a Third Party Risk Management program to achieve the targeted levels of maturity and build the capabilities an organization envisions. Organizations may know where they want their TPRM program to be in the years to come, but without a fine-tuned road map to guide the process, it can become an insurmountable task. Program implementation can include the following:

  • Define/document governance/reporting process and roles/responsibilities
  • Enhance/develop policies, standards, procedures
  • Define/document TPRM lifecycle process 
  • Define/document risk rating scoring and IRQ
  • Define/document skillset requirements
  • Define/document internal/external communication/sharing protocol
  • Develop enterprise-specific TPRM toolkit and define/document measurement/analysis process
  • Define/document monitoring/review program

If your business doesn’t have a TPRM program yet, Schneider Downs can work with you to develop a program that is right for your organization. We can help you build a strong foundation and guide you through each component of our model.

Additional TPRM Services

Schneider Downs TPRM Resources

Built by our tenured team of security, risk and compliance practitioners. We have leveraged decades of diverse subject-matter expertise and experience to be able to provide the following resources and tools:

How Can Schneider Downs Help?

The Schneider Downs Risk Advisory Services team has the expertise, credentials and tools to help you build, implement, recalibrate, and manage a world-class third party risk management program. We understand that outsourcing business functions to third parties is essential in today’s business environment.  While outsourcing provides benefits such as increased efficiency and cost savings, it also increases an organization’s risk exposure to a myriad of threats presented by outsourcing.  Understanding how to identify and manage the risks presented by third party providers is vital for any business.

For more information visit www.schneiderdowns.com/tprm or contact us to get started.

case studies

 
Let’s discuss preventing ransomware attacks on your company. Email me directly <a href='mailto:twarren@schneiderdowns.com?cc=contactSD@schneiderdowns.com'>here</a>.
big problem:
Let’s discuss preventing ransomware attacks on your company. Email me directly here.
big thinking:
Company impacted by ransomware.
 
Let’s discuss opportunities to reduce your company’s tax burden. Email me directly <a href='mailto:dmorally@schneiderdowns.com?cc=contactSD@schneiderdowns.com'>here</a>.
big problem:
Let’s discuss opportunities to reduce your company’s tax burden. Email me directly here.
big thinking:
Inefficient tax credit realization.

our thoughts on

New Pennsylvania Electronic Payment Requirements for Personal Tax Payments Greater than $15,000 Beginning January 1, 2022.

Learn more about the January 1, 2022 requirement that personal income tax payments equal to or greater than $15,000 must be paid electronically.

read more >

Schneider Downs Trucking Industry Whitepaper Series Update

Explore critical topics facing the trucking industry in our State of the Industry whitepaper series from Schneider Downs and the Ohio Trucking Association.

read more >

Apache Log4j Vulnerability Update – Government Responses and Ransomware Activity

The article provides a comprehensive update on government responses and ransomware activity associated with the Apache Log4j vulnerability.

read more >

Apache Log4j Vulnerability Update

Learn more about the Apache Log4j remote code execution vulnerability and why this is already regarded as one of worst software flaws in years.

read more >

Important Tax Savings News for the Construction Industry: Meals Portion of Per Diem Rate or Allowance Now 100% Deductible for 2021 and 2022

Learn more about IRS notice 2021-63 providing construction tax savings regarding meals portion of per diem rate or allowance now 100% deductible for 2021.

read more >

Estates and Trusts Tax Update - November 2021

Get the latest estates and trusts tax updates from our estate planning professionals.

read more >

Higher Estate Tax Exemption Amount for 2022

Learn more about the increased exemption amount from the federal estate tax in 2022.

read more >

International Fraud Awareness Week 2021

Learn more about the Association of Certified Fraud Examiners International Fraud Awareness Week.

read more >

Tax Reform 2021 - Build Back Better: Proposed Changes to Section 199A Qualified Business Income Deduction

Learn more about the proposed changes to section 199A qualified business income deduction under the Build Back Better Act.

read more >

Proposed Legislation Targets Estate and Gift Tax Planning

Learn more about the estate and gift tax planning opportunities under the proposed Build Back Better Act legislation and what those changes entail.

read more >
contact us
Map of Pittsburgh Office
Pittsburgh

One PPG Place, Suite 1700
Pittsburgh, PA 15222

[email protected]rdowns.com
p:412.261.3644     f:412.261.4876

Map of Columbus Office
Columbus

65 East State Street, Suite 2000
Columbus, OH 43215

[email protected]
p:614.621.4060     f:614.621.4062

Map of Washington Office
Washington, D.C.

1660 International Drive, Suite 600
McLean, VA 22102

[email protected]
p:571.380.9003

contact us