Third parties have become an integral part of any business operation, helping organizations reduce operational costs, ensure the timely delivery of products and services, and enhance overall business performance. However, the threats and issues arising from third party engagements require enterprises to gain an in-depth understanding of their entire global risk ecosystem.

Failure to curb third party risks can lead to severe reputational damage and loss of stakeholder and customer trust. Establishing a robust and automated program that can continuously monitor and assess third parties can enable organizations detect and alleviate risks stemming from non-compliance, unethical practices, dependency ratio, exposure to two-tier suppliers, legal issues, and access to confidential data. Implementing a holistic and automated program that manages end-to-end third party activities will minimize redundancies and inefficiencies, in addition to improving visibility into third party risks, performance, and compliance.

Join guest speakers, Renee Murphy, Senior Analyst at Forrester Research, and Mike Rost, Vice President of Marketing at MetricStream as they share best practices to significantly reduce exposure to third party risks, as well as strengthen relationships with third parties.

During the webinar, the speakers will also touch upon various topics including:

  • Establishing strong third party relationships
  • Understanding the range of risks in the extended ecosystem
  • Best and proven methodologies for continuous third party monitoring
  • The role of technology as an enabler to mitigate third party risks

Attend this Webinar
This webinar is scheduled to take place on March 26, 2015 at 11 AM Eastern. To register for this webinar, and to learn more about the webinar and the speakers, please click here.

About MetricStream

MetricStream, the independent market leader in enterprise and cloud applications for Governance, Risk, Compliance (GRC) and Quality Management, makes GRC simple. MetricStream apps improve business performance by strengthening risk management, corporate governance, regulatory compliance, vendor governance, and quality management for hundreds of thousands of users in dozens of industries, including Financial Services, Healthcare, Life Sciences, Energy and Utilities, Food, Retail, CPG, Government, Hi-Tech and Manufacturing. MetricStream is headquartered in Palo Alto, California, with an operations and R&D center in Bangalore, India, and sales and operations support in 12 other cities globally. (www.metricstream.com).

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Molly Palm : pr@metricstream.com | (925) 451-1468

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