Third-Party Risk Management: What It Is And Why You Need It
YoungUpstarts
SEPTEMBER 30, 2020
Even the smallest companies rely on vendors to provide them with the supplies and services they need to stay in business themselves. Strong vendor relationships can allow your company to save money and work towards business goals while mitigating risk — and all vendor relationships come with inherent risk. The more essential the vendor is to your business, the greater those risks can be, and many of them are out of your control.
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