How to Maximize Your Third-Party Risk Management Resources
Having a limited number of resources can present challenges for your third-party risk management (TPRM) team. However, if your employees spend less time using ineffective, manual processes, they'll have more time and capacity to manage third-party risk.
Understanding how to maximize your TPRM resources will take some effort, but it's a worthwhile goal to help your organization manage risk, regardless of limitations. This informative infographic covers how to maximize your resources.
Download this infographic to learn:
- 5 strategies to use
- The hidden cost of manual processes
- Calculations illustrating cost differences and people time value
- 4 tips to improve your internal processes