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1 – Onboarding: Risk Management in the Vendor Relationship Lifecycle

2023-08-16 @ 1:00 pm 2:00 pm CDT

This session is the first in a three-part webinar series on risk management through the life cycle of the vendor relationship. In this webinar, we focus on steps to achieve a proper and friction-free onboarding process. 

Traditional brick-and-mortar businesses, with physical buildings and conventional employees, no longer define organizations. The modern organization is an interconnected mess of complex relationships where over half of the organization’s “insiders” are no longer traditional employees but third parties such as contractors, consultants, temporary workers, outsourcers, service providers, and vendors. Understanding third-party risks and their potential impact on business operations, reputation, and data is critical as ultimately a business is responsible for its third parties.

Join this webinar to learn an agile approach to bringing the right third parties on board while ensuring security is in place before sharing data and systems. This session will cover the four steps to onboarding: 1) purpose and identification, 2) qualification and security screening, 3) contracting and negotiating, and 4) registration and final onboarding.

Learning Objectives: 

  • Recognize how the traditional brick-and-mortar business is evolving in today’s interconnected world
  • List some of the third parties that can potentially pose a risk to a business
  • Recall how a business can bring the right third parties on board, ensuring security is in place before sharing data and systems

GRC 20/20 Speaker

Michael Rasmussen

GRC 20/20 ResearchMichael Rasmussen – The GRC Pundit @ GRC 20/20 Research, Michael Rasmussen is an internationally recognized pundit on governance, risk management, and compliance (GRC) – with specific expertise on the topics of GRC strategy, process, information, and technology architectures and solutions. With 30+ years of experience, Michael helps organizations improve GRC processes, design and implement GRC architectures, and select solutions that are effective, efficient, and agile. He is a sought-after keynote speaker, author, and advisor and is noted as the “Father of GRC” – being the first to define and model the GRC market in February 2002 while at Forrester Research, Inc.

Webinar Sponsor

Since 2005, Quantivate has been helping organizations efficiently manage their governance, risk, and compliance (GRC) initiatives. Quantivate’s scalable technology and service solutions equip organizations of all sizes to make more strategic decisions, improve performance, and reduce costs.

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