When you use manual processes, third-party risk management (TPRM) can soak up valuable time and money—on both sides of the assessment equation. Where risk managers can get stuck spending hour after hour evaluating documentation, third parties can get bogged down responding to queries. Without the right technology, this leads to a more expensive process that […]
No matter what size your organization, you probably rely on third parties. If your organization is small (1-1K employees), you might use third parties to do things you couldn’t on your own. If you’re larger (10K+ employees), you likely use a third-party network to function at scale—and if you’re medium sized (1K-10K employees), you could […]
The questionnaire isn’t going away, but it’s no longer the best way to drive third-party risk decisions. Traditional due diligence relies too heavily on manual assessments, repetitive requests, and incomplete vendor responses. It’s slow and resource-intensive, leaving you to play a never-ending game of catch-up with your vendor portfolio. View this webinar to discover how […]
The modern organization relies on a larger, more integrated network of third parties and suppliers now compared to any point in history, a dependence that cuts both ways. On one hand, the vast third-party ecosystem that powers modern business allows companies to act nimbly, and do more with their current resources. At the same time, […]
Third-party risk assessments are becoming increasingly complex and resource-intensive. Manual evidence reviews create bottlenecks, inconsistent evaluations introduce compliance gaps, and scaling your program efficiently remains a challenge. ProcessUnity’s Evidence Evaluator transforms how you evaluate third-party controls. Built specifically for the complexity of third-party risk management, ProcessUnity’s Evidence Evaluator combines expertly curated data with purpose-built AI. […]
Regulatory pressure is intensifying — and financial institutions are feeling the heat. In 2024, the average cost of a data breach for U.S financial services surged to $6.08 million, driven by stricter third-party cybersecurity mandates and rising enforcement penalties. To stay compliant, firms must adapt fast — or risk facing costly consequences. This one-pager provides […]