A WHITE PAPER FROM OUR RISK MANAGEMENT COLLECTION
If It Is Broken, Fix It
A Deep-Dive into Third-Party Risk Management Due Diligence
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Report Overview
Third-Party Risk Management Due Diligence is at the heart of effective risk management, yet most organizations still rely on outdated methods.
100% of TPRM practitioners use questionnaires for vendor assessments, but only 10% express high confidence in their accuracy.
Legacy questionnaires are slow, static, and often unreliable, leaving organizations vulnerable to hidden risks. This white paper explores the challenges of traditional Third-Party Risk Management Due Diligence methods and how automation, AI, and real-time monitoring are transforming TPRM processes.
Access our white paper to discover how reusable, high-quality data and smarter workflows are driving better risk outcomes, reducing manual inefficiencies, and helping organizations make confident, data-driven decisions in Third-Party Risk Management Due Diligence.
What’s Inside:
- Why traditional questionnaires are falling short in delivering accurate risk insights.
- How only 10% of TPRM practitioners express high confidence in questionnaire data accuracy.
- The role of AI and automation in streamlining due diligence workflows.
- Why only 26% of organizations continuously monitor more than half of their third-party relationships.
- Practical strategies for leveraging reusable, high-quality data to improve risk management outcomes.
- Real-world examples of organizations transforming their TPRM processes for better efficiency and resilience.
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