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What is Automated Vendor Risk Management? – Definition

Obobo

What is Automated Vendor Risk Management? The use of technology to simplify and streamline vendor risk management processes has become a necessary part of business operations. Automated Vendor Risk Management (AVRM) is the practice of using technology to identify and mitigate third-party risks.

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Implementing Procurement's Role in Third-Party Risk Management

SIG Speaks

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Anna Sgro shares how adding procurement roles into third-party risk management systems can be a very effective contribution to your team.

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The Singapore Outsourcing Register: Obstacles and Suggestions to Meet this Regulatory Requirement from a Risk Management Perspective

SIG Speaks

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate William Chanto Castro shares the tricks to overcoming the obstacles to meeting risk regulations and requirements. MAS, 2016, p.9). Two of the most common ones are Ariba and Coupa.

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Why organizations need to adopt an Integrated Third-Party Governance and Risk Management approach?

SIG Speaks

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Jai Chinnakonda shares why every organization should adopt integrated third-party risk governance and management into their team structure. A report from Deloitte titled 'Third-party governance and risk management.

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Business Unit’s Role in Elevating Third-Party Risk Management Capabilities

SIG Speaks

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Kyle Brown discusses the value proposition and responsibilities for the key players in an effective third-party risk management program. Each business unit owns the risks associated with the contracts they decide to enter into.

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IT Service Management (ITSM) in Education: Enhancing IT Support For Students And Faculty

31 West

Effective ITSM can ensure that IT resources are utilized efficiently, support services are responsive and user-friendly, and technological advancements are seamlessly integrated into the educational framework. Service Transition: Ensuring that changes to services are managed in a controlled manner.

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Choosing Business Outsourcing Companies

Intugo

They understand your sector’s challenges, regulations, and best practices, ensuring more efficient and compliant service delivery. Geographical Considerations: Location can impact various aspects, from communication and collaboration to regulatory compliance and cultural understanding.