Every successful Third-Party Risk Management program needs strategic governance in place to uphold and improve the program’s initiatives.
Many organizations don’t have the resources or bandwidth to hire a full-time TPRM department or even to appoint a TPRM committee. In fact, many organizations don’t even know who should be responsible for TPRM matters.
As experts in the field of TPRM, we understand the various roles and needs associated with TPRM programs. We develop custom packages that clearly demonstrate your control environment and assurance to your customer base. Our wide range of experience related to TPRM has allowed us to provide a wide range of services:
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:
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.
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