Are you looking for enough down the line for vendor risks?
Best Practices for Fourth and Nth Party Management
About this white paper from ProcessUnity:
When many organizations are still scrambling to shore up their third-party risk management programs, fourth- and Nth-party management can seem like a daunting challenge. After all, without proper scoping, opening your risk management program to each of your vendors’ vendors means an exponential increase in organizations monitored.
Luckily, by employing risk management best practices on your extended vendor and supplier network, you can mitigate risk in each of these domains and extend visibility without overburdening your team. Early action, contractual stipulations, third-party risk assessments and program automation are powerful tools for mitigating fourth- and Nth-party risk without exploding your workload and budget.
Learn about fourth- and Nth-party risk in the following domains: