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Essential Practices for Effective Vendor Management

ESSENTIAL PRACTICES FOR EFFECTIVE VENDOR MANAGEMENT

Cost Free
Presentation Length 1.0 hour

Recorded DateDecember 1, 2022
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaManagement Services
Course LevelBasic
Course Description

In today’s complex business environment, vendors play a key role in the success of an organization. However, relying on vendors brings added risk. Managing these vital relationships and those risks is important to ensure third-party products and services comply with applicable laws, regulations, and security best practices.

Developing a process for evaluating both new and existing vendors is key. This can help reduce risk by performing ongoing classification of vendors, performing due diligence, risk assessing, and managing contracts effectively by staying on top of important dates.

 

Learning Objectives:


  • Recognize effective vendor management with a centralized platform that includes contract management

  • Identify, review, and assign a criticality to all vendors

  • Define due diligence and determine risk levels

  • Outline efficient ongoing monitoring and management of vendors

Not logged
PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
Linkedin

Kristen Olsen

Quantivate
Sales Engineer
kristen.olsen@quantivate.com
(800) 969-4107

Quantivate

Kristen Olsen is a Sales Engineer with Quantivate, a leader in governance, risk, and compliance (GRC) solutions for financial institutions. She has held multiple positions in the financial sector, including roles with Salesforce, ADP, and Symetra, and holds a degree in Business Administration from Gonzaga University.

About Our Presenter

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.