One way in which CROs can differentiate themselves and increase their sponsor’s confidence is to develop robust third-party vendor management programs. CROs demonstrating strong vendor risk management programs can help sponsors feel their exposure to vendor risk is well
managed.
Sound vendor risk management processes are not just a best practice – they can also be a competitive advantage for CROs.
Download the eBook to learn:
- The 6 elements of an effective third-party risk management program
- Ongoing monitoring efforts
- Due diligence
- Contracts
- And more
