By not being aware of the hazards of incomplete vendor due diligence, you could be putting your organization at risk. Listen to this 90-second podcast for the most important hazards to know.
Hi – my name is Abbe with Venminder.
In this 90-second podcast, you’re going to learn about the hazards of an incomplete or inefficient due diligence process.
At Venminder, we have a team of certified industry experts who specialize in ensuring all areas of third-party risk management are accounted for. This includes vendor due diligence!
Due diligence helps with vendor selection, ongoing monitoring, structuring strong contracts and preventing unwarranted risk to your organization and customers.
Let’s review 5 of the most hazardous effects of incomplete vendor due diligence:
There are many hazards of incomplete due diligence, but inconsistency, overlooking fundamental issues, failure to anticipate problems, regulatory violations and an inability to protect your organization and customers are the big ones.
Thanks for tuning in; catch you next time!