Before you enter into a contractual relationship with a new vendor, there are several steps you should take.

In fact, the regulatory guidance suggests that many of these should be done well prior to signing the contract. To help, we've put together a list of 9 practical considerations that should be in place for all new vendors.

DOWNLOAD OUR INFOGRAPHIC TO LEARN:

• Who should decide and who should approve new vendor contracts
• Why you should not simply accept a boiler plate contract 
• Taking your new vendor through a risk assessment