Source Intelligence Network: Innovation in User Experience for Third Party Management

$0.00

The haphazard department and document centric approaches for third party management of the past compound the problem and do not solve it. It is time for organizations to step back and define a cross-functional and coordinated approach to manage and monitor third party relationships. Organizations need an approach to third party management that enables them to manage the ecosystem of third party relationships with real-time information about third party performance, risk, and compliance and how it impacts the organization. The Source Intelligence Network is a GRC solution that GRC 20/20 has researched, evaluated, and reviewed with organizations that are using it in dynamic and distributed business environments. GRC 20/20 has evaluated and verified the innovation found in Source Intelligence and sees this as a compelling offering for managing risk and compliance in organizations with complex and distributed third party relationships. With an intuitive user experience, Source Intelligence makes organizations more efficient, effective, and agile in managing and monitoring third party relationships as it provides a network of organizations and suppliers becoming a LinkedIn for supply chains and business relationships. In this context, GRC 20/20 has recognized Source Intelligence with a 2015 GRC Innovation Award for the best user experience in Third Party Management in 2015.

Have a question about Source Intelligence or third party management?

[button link=”http://grc2020.com/ask-a-question/”]Ask GRC 20/20[/button]

Description

Source Intelligence Network

Innovation in User Experience for Third Party Management

[tabs style=”default”] [tab title=”Executive Summary”]

The haphazard department and document centric approaches for third party management of the past compound the problem and do not solve it. It is time for organizations to step back and define a cross-functional and coordinated approach to manage and monitor third party relationships. Organizations need an approach to third party management that enables them to manage the ecosystem of third party relationships with real-time information about third party performance, risk, and compliance and how it impacts the organization. The Source Intelligence Network is a GRC solution that GRC 20/20 has researched, evaluated, and reviewed with organizations that are using it in dynamic and distributed business environments. GRC 20/20 has evaluated and verified the innovation found in Source Intelligence and sees this as a compelling offering for managing risk and compliance in organizations with complex and distributed third party relationships. With an intuitive user experience, Source Intelligence makes organizations more efficient, effective, and agile in managing and monitoring third party relationships as it provides a network of organizations and suppliers becoming a LinkedIn for supply chains and business relationships. In this context, GRC 20/20 has recognized Source Intelligence with a 2015 GRC Innovation Award for the best user experience in Third Party Management in 2015.

[/tab] [tab title=”Table of Contents”]

  1. The Extended Enterprise Demands Attention
    • The Modern Organization is an Interconnected Mesh of Relationships
    • Inevitable Failure of Silos of Third Party Governance
  2. Source Intelligence Network
    • Innovation in User Experience for Third Party Management
    • What the Source Intelligence Network Innovation Is About
    • How is the Source Intelligence Network Different?
    • Benefits of the Source Intelligence Network
    • Considerations in Context of the Source Intelligence Network
  3. About GRC 20/20 Research, LLC
  4. Research Methodology

[/tab] [tab title=”Author”]

rasmussenMichael 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 23+ 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.

[/tab] [/tabs]


©GRC 20/20 Research, LLC. All Rights Reserved.

No part of this publication may be reproduced, adapted, stored in a retrieval system or transmitted in any form by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of GRC 20/20 Research, LLC. If you are authorized to access this publication, your use of it is subject to the Usage Guidelines established in client contract. The information contained in this publication is believed to be accurate and has been obtained from sources believed to be reliable but cannot be guaranteed and is subject to change. GRC 20/20 accepts no liability whatever for actions taken based on information that may subsequently prove to be incorrect or errors in analysis. This research contains opinions of GRC 20/20 analysts and should not be construed as statements of fact.  GRC 20/20 disclaims all warranties as to the accuracy, completeness or adequacy of such information and shall have no liability for errors, omissions or inadequacies in such information.  Although GRC 20/20 may include a discussion of related legal issues, GRC 20/20 does not provide legal advice or services and its research should not be construed or used as such.