The Stages of the Third-Party Risk Management Lifecycle Download this infographic now
Third-Party Risk Management, often referred to as vendor risk management, is a best practice, regulatory requirement and especially important in today's risky environment. There are distinct stages in every vendor's lifecycle, and each stage has its own set of requirements.
Maintain your awareness of the stages and how they interrelate with each vendor. This infographic walks you through what you need to know.
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What each stage is
What to know for each stage
Behind the scenes tasks you need to complete throughout the lifecycle