Ways to Improve Vendor Document Collection Efficiency
Due diligence is essential to manage third-party risks effectively. Specific documents should prove that the vendor's control environment is sufficient to mitigate the risks associated with their product or service and the relationship.
Without the right documents, your vendor risk assessment can't be completed correctly, if at all. In this infographic, learn best practices and tips to improve document collection efficiency.
Download the infographic to learn:
- The importance of vendor document collection
- 3 best practices for a smooth process
- 4 tips to make the process more efficient