Organizations are a complex and diverse system of processes and business relationships. Risk and compliance challenges do not stop at traditional organizational boundaries. Organizations struggle to identify, manage, and govern extended business relationships.

The challenge is: "Can you attest that risk and compliance are managed across extended business relationships?" An organization can face reputation and economic disaster by establishing or maintaining the wrong business relationships, or by allowing good business relationships to sour because of weak oversight. In our latest installment of the GRC Illustrated Series we provide companies with tips on how to build an effective, integrated approach to third-party management.

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