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Risk Management in the Vendor Relationship Life Cycle: Part 1 – Onboarding

RISK MANAGEMENT IN THE VENDOR RELATIONSHIP LIFE CYCLE: PART 1 – ONBOARDING

Cost Free
Presentation Length 1.0 hour

Recorded DateAugust 16, 2023
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaManagement Services
Course LevelBasic
Course Description

This session is the first in a three-part webinar series on risk management through the life cycle of the vendor relationship. In this webinar, we focus on steps to achieve a proper and friction-free onboarding process. 

Traditional brick-and-mortar businesses, with physical buildings and conventional employees, no longer define organizations. The modern organization is an interconnected mess of complex relationships where over half of the organization’s “insiders” are no longer traditional employees but third parties such as contractors, consultants, temporary workers, outsourcers, service providers, and vendors. Understanding third-party risks and their potential impact on business operations, reputation, and data is critical as ultimately a business is responsible for its third parties.

Join this webinar to learn an agile approach to bringing the right third parties on board while ensuring security is in place before sharing data and systems. This session will cover the four steps to onboarding: 1) purpose and identification, 2) qualification and security screening, 3) contracting and negotiating, and 4) registration and final onboarding.

Learning Objectives:


  • Recognize how the traditional brick-and-mortar business is evolving in today’s interconnected world

  • List some of the third parties that can potentially pose a risk to a business

  • Recall how a business can bring the right third parties on board, ensuring security is in place before sharing data and systems


Register for Part 2 of this series HERE

Register for Part 3 of this series HERE

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PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
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Michael Rasmussen

GRC 20/20 Research
Pundit & Analyst
[email protected]
(888) 365-4560

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The GRC Pundit @ GRC 20/20 Research, Michael Rasmussen is an internationally recognized pundit on governance, risk management, and compliance (GRC) – with specific expertise on the topics of GRC strategy, process, information, and technology architectures and solutions. With 30+ years of experience, Michael helps organizations improve GRC processes, design and implement GRC architectures and select solutions that are effective, efficient, and agile. He is a sought-after keynote speaker, author, and advisor and is noted as the “Father of GRC” – being the first to define and model the GRC market in February 2002 while at Forrester Research, Inc.

About Our Sponsor

Quantivate
Quantivate is a provider of web-based governance, risk, and compliance (GRC) technology and service solutions to organizations both large and small nationwide. Founded in 2005 with the release of its Business Continuity Software, the company has grown to feature a full suite of solutions for GRC management, including Business Continuity, Vendor Management, Enterprise Risk Management, IT Risk Management, Internal Audit, Compliance Management, Complaint Management, and Policy & Document Management.