ProcessUnity's Risk Management Blog

Welcome to ProcessUnity's Risk Management Blog. Click the tiles below to read some great content related to Governance, Risk and Compliance.

  • Why Your Third-Party Risk Management Program Should Get an Annual Tune Up

    The vast majority of people get annual physical examinations and automotive tune ups – why shouldn’t professionals apply the same logic to the third-party risk management programs used to complete...

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  • Cutting Corners: Most Companies Conduct Inherent Risk Assessments on Less Than 40% of Their Vendors

    Cutting Corners: Most Companies Conduct Inherent Risk Assessments on Less Than 40% of Their Vendors

    More than two-thirds of companies are cutting corners when it comes to third-party due diligence It is no secret that inherent risk assessments are crucial to third-party risk management success,...

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  • Sarbanes-Oxley Compliance: Five Steps to Cleaning Up Your SOX Act

    Sarbanes-Oxley Compliance: Five Steps to Cleaning Up Your SOX Act

    How professionals can achieve effective and efficient SOX compliance management with cloud-based automation. The post Sarbanes-Oxley Compliance: Five Steps to Cleaning Up Your SOX Act appeared...

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  • Incorporate Ratings and Scores for a More Comprehensive View into Vendor Risk

    Incorporate Ratings and Scores for a More Comprehensive View into Vendor Risk

    ProcessUnity offers a suite of vendor risk rating connectors that quickly and easily integrate data into individual Vendor Risk Management programs to create holistic vendor views. The post...

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  • Streamline Vendor Risk Assessments with ProcessUnity

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  • Over Half of Risk Managers Say Their VRM Program is Underperforming

    Over Half of Risk Managers Say Their VRM Program is Underperforming

    ProcessUnity recently participated in a live webinar with IT GRC and other leading Vendor Risk Management (VRM) experts to educate organizations on the cyber risk posed by vendors, suppliers and...

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  • Get Control Over Your Policies with ProcessUnity

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  • First GDPR, Now CCPA: Manage Your Vendors So They Don’t Put You at Risk

    First GDPR, Now CCPA: Manage Your Vendors So They Don’t Put You at Risk

    How Third-Party Risk Management software can simplify and streamline the California Consumer Privacy Act (CCPA) compliance process. The post First GDPR, Now CCPA: Manage Your Vendors So They...

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  • Evaluating VRM Software? Speed Up the Process with ProcessUnity

    Evaluating VRM Software? Speed Up the Process with ProcessUnity

    The ProcessUnity Third-Party Risk Management RFP Template helps teams improve the quality of their software while shortening the buying process. The post Evaluating Third-Party Risk Management...

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  • It’s a Wrap: Four Takeaways from the 2019 ProcessUnity Customer Summit

    It’s a Wrap: Four Takeaways from the 2019 ProcessUnity Customer Summit

    The 2019 ProcessUnity Customer Summit is a wrap and what a week it was. We took the 2019 edition of the conference on the road to sunny (and hot) Orlando for three days.

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  • Third-Party Maturity Model: Find the Right Standards for Your Program

    Third-Party Maturity Model: Find the Right Standards for Your Program

    ProcessUnity’s recent white paper, the “Third-Party Risk Management Maturity Model,” helps you understand where your third-part risk program is today on the Third-Party Risk Maturity Scale –...

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  • Gartner Report Evaluates Strengths of Vendor Risk Management Solutions

    Gartner Report Evaluates Strengths of Vendor Risk Management Solutions

    Gartner Research recently published The 2018 Critical Capabilities for IT Vendor Risk Management, and we are extremely excited to share that ProcessUnity has received the highest product scores in...

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  • Third-Party Risk: Reduce Vendor Fatigue & Streamline Assessment Reviews

    Third-Party Risk: Reduce Vendor Fatigue & Streamline Assessment Reviews

    You’ve likely heard before that “one size does not fit all” when it comes to assessments and your third-party relationships. But the repercussions of a poorly scoped assessment impact both your...

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  • Good Policy Management Could Have Saved Facebook a Lot of Trouble

    Good Policy Management Could Have Saved Facebook a Lot of Trouble

    Cambridge Analytica privacy scandal anything but “Liked” by Facebook users “An ounce of prevention is worth a pound of cure.” If only Mark Zuckerberg had heeded this sage advice. A modest...

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  • New Report Predicts Significant Market Growth

    New Report Predicts Significant Market Growth

    MarketsandMarkets has published a new report that states that the global vendor risk management market is expected to grow to significantly by the year 2022. The report divides the market by...

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  • Vendor Onboarding Best Practices: ProcessUnity Webinar Series

    Vendor Onboarding Best Practices: ProcessUnity Webinar Series

    Vendor Onboarding Best Practices: To contract a vendor is to initiate a relationship: when you don’t know who you’re really dealing with, you expose your enterprise to risks that can have enduring...

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  • Think GDPR Doesn’t Affect You? Think Again.

    Think GDPR Doesn’t Affect You? Think Again.

    Do you collect, store or process EU citizen or resident data? Does anyone in your organization? What about your third parties? If you don’t know the answers to these questions – for sure – you...

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  • Risk & Compliance – The Build Versus Buy Debate

    Risk & Compliance – The Build Versus Buy Debate

    Some companies are still wrestling with the "build versus buy" debate when it comes to risk and compliance automation. Which path should you choose?

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  • Incorporating Content Into Your Vendor Risk Management Assessment Process

    Incorporating Content Into Your Vendor Risk Management Assessment Process

    Companies are continually searching for ways to improve the quality of their third-party risk due diligence and ongoing assessments. Leveraging content from third party content... The post...

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  • Regulatory and Management Reporting for Vendor Risk Management

    Regulatory and Management Reporting for Vendor Risk Management

    In working with prospects and customers, one of the questions I get asked the most is about reporting – specifically regulatory and management reporting. For regulators,... The post Regulatory and...

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  • SLAs and Vendor Performance Management

    SLAs and Vendor Performance Management

    Not all business relationships require a service-level agreement (SLA). Use a risk-based approach – how much damage can be done to your company if this third-party vendor doesn’t do its job?  You...

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  • Formalizing Vendor Risk Management: Keep It Simple

    Formalizing Vendor Risk Management: Keep It Simple

    When starting to build a formal Vendor Risk Management program, it’s important not to overcomplicate things. Too many companies make it more difficult than it needs to be with cumbersome review...

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