Importance of Vendor Due Diligence and Oversight
Vendor due diligence is a critical component of managing vendors. While initial due diligence is critical and can be a trying experience that you don’t want to repeat - the ongoing monitoring and constant oversight of your vendors is also equally as important.
To help you with both stages of the third party risk process, we've put together this infographic to help walk you through what you need to know.
Download the infographic for:
- A definition of vendor due diligence
Reasons why vendor due diligence is important
- Explanation of vendor oversight
- Why you need ongoing monitoring of your vendors