Third parties provide companies with many benefits, but they also bring risks. The sheer number of third-party relationships companies often makes it difficult to oversee the risks involved. That’s why having an efficient and effective third-party risk management program--including oversight from the board--is critical.
Read “How your board can oversee third-party risk” to learn:
Getting a handle on a company’s third-party relationships can be overwhelming. But by providing the right oversight, boards can lead deeper discussions with management and come up with solutions that handle risk management’s complexities.
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