With so many different components and responsibilities involved in third-party risk management, organizations may not have the internal capabilities to properly manage every step of the process. Listen to this podcast to learn how to determine if your organization could benefit from outsourcing vendor management support.
Hi – my name is Nicole O’Brien with Venminder.
At Venminder, we have a team of industry experts who specialize in managing vendor risk and giving third-party risk management program advice, in various industries, daily.
In today’s podcast, I am going to talk about 5 tale-tell signs that it might be time to outsource support to your third-party risk roster.
Many organizations are facing unprecedented issues with staffing needs now and its often a tough call to decide when to pay for external assistance with daily responsibilities.
So, when is it really time? Here are 5 things to look for:
So there you have it – a decline in quality and communication, information security issues, evidence of poor work-life balance and/or rapid turnover are all signs that augmenting staff might just be the life line you need.
Hope you found this helpful. Thanks for tuning in and hope to catch you next time.