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Due diligence of your vendors is no longer a one-time activity. Risk doesn’t sleep and neither should your ongoing monitoring of risk with your third parties.

The best contracts are clear, complete and mutually beneficial to the customer and the vendor. Here are eight components you want to get right.

Here is a compliance snapshot of how NYDFS and NAIC regulations effect insurance companies and their work with third-party vendors.

September 18, 2019

In the Procurement space, Category Management (CM) is used to separate products into categories. CM can make an otherwise complex and disordered supplier network into a consolidated one that's eas...

Many stakeholders get involved in managing third parties. RACI charts are a great tool for clarifying roles and responsibilities. Here’s how you can use them.

August 28, 2019

Here are some actionable, effective practices for implementing a more sustainable procurement process.

August 14, 2019

While all Statements of Work (SOWs) are different, there are common questions you should ask while developing any SOW. Here are some you should consider.

A good RFP helps you flush out potential vendor risks early in the evaluation process. Here’s how you can make your RFP an effective risk management tool.

Zappos leverages the power of great vendor relationships to create phenomenal results. Check out their approach to ‘rethinking vendors’ in this week’s blog

Under new DOJ guidance on corporate compliance programs, companies are expected to step-up third-party management. Here’s a breakdown of what they want.

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