Provided by
PwC2023-02-01T05:09:00
Companies can’t do it all in terms of managing every risk from every possible third party. To begin, they must define their vision and strategy.
Experts speaking at Compliance Week’s Third-Party Risk Management (TPRM) and Oversight Summit in December shared best practices in areas including due diligence, sanctions risks, data analytics, and more. The key message: Understand your needs and communicate them clearly to your suppliers to ensure a healthy business relationship.
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