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Third Party Risk and the Contractual Life Cycle

SIG Speaks

MAY 9, 2022

The lack of continuous monitoring of the Third Party puts an organization at risk. The acquisition of new software/hardware or purchase of a company could change the dynamic of your Third Party and the Third Party's risk level. The third part has good assessment tools.

Third Party Contracting 40
Third Party Contracting Risk Management Risk Management Software 40
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Contract Compliance Audit: Overview, Benefits & How AI is Helping

SirionLabs

SEPTEMBER 20, 2021

For example, companies usually schedule annual or quarterly compliance audits to examine: Agreement parameters: Clauses, contractual obligations, service level agreements, payment terms, project milestones, deliverables, etc. Supplier audits can also complement third-party contract performance assessments.

Third Party Contracting 52
Third Party Contracting Regulations Analytics Automation 52
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