Integrating vendor risk management is optimal as part of a wider enterprise risk management strategy, but it can also be addressed at an earlier stage of risk management maturity. MetricStream’s solution can provide either alternative.
- Creating an early risk mitigation and remediation focus enables risk awareness to be established at the time of forming new relationships through best practice processes, and can therefore define subsequent activities for vendor risk management.
Features and Benefits
- Understand that visibility of vendors and their risk impact across the enterprise enables incident prevention and improves operational integrity.
- Understand that capabilities allow analysis of vendor risks based on multiple internal sources, and can integrate a number of packaged content sources.
Key questions answered
- What are the strengths/weaknesses of MetricStream's solution, relative to the needs of my organization?
- What is the market context of this solution, along with other MetricStream offerings?
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Recommendations for enterprises
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