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.

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

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

    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 Risk-based Policy Management Could Have Saved Facebook a Lot of Trouble

    Good Risk-based 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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  • Get Control Over Your Policies with ProcessUnity

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  • Think GDPR (General Data Protection Regulation) doesn’t affect you? Think again.

    Think GDPR (General Data Protection Regulation) 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 Services into Your Vendor Risk Management Assessment Process

    Incorporating Content Services 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/Improve Over Time

    Formalizing Vendor Risk Management – Keep It Simple/Improve Over Time

    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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  • Streamline Vendor Risk Assessments with ProcessUnity

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  • eBook: The Best Practices Guide to Vendor Risk Scoring

    eBook: The Best Practices Guide to Vendor Risk Scoring

    When organizations use a standard scoring model for Vendor Risk management, consistency increases, subjectivity decreases and the processes within the program become quicker and more efficient. A...

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  • Six Tips for Building Effective Vendor Risk Assessment Questionnaires

    Six Tips for Building Effective Vendor Risk Assessment Questionnaires

    A well-designed vendor risk assessment questionnaire is vital for a successful vendor risk management program. Creating the best questionnaire – in structure and content –... The post Six Tips for...

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  • Webinar: ProcessUnity and Rapid Ratings Present: Supercharge Your Third-Party Due Diligence Process

    Webinar: ProcessUnity and Rapid Ratings Present: Supercharge Your Third-Party Due Diligence Process

    Join us for a 60 minute webinar to Supercharge Your Third-Party Due Diligence Process.  On April 18th at 11:00am ET, please join experts from Rapid... The post Webinar: ProcessUnity and Rapid...

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  • The 2017 State of Third Party Risk Management Survey

    The 2017 State of Third Party Risk Management Survey

    How does your program rate? Take the Third-Party Risk Management survey and find out! There are only a few days left to share your thoughts... The post The 2017 State of Third Party Risk...

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  • eBook: 8 Reports for Effective and Efficient Vendor Risk Management

    eBook: 8 Reports for Effective and Efficient Vendor Risk Management

    The foundation for an effective and efficient vendor risk program is solid reporting. The right reports give you instant insight into program performance, quickly highlight... The post eBook: 8...

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  • The Top Policy and Procedure Management Challenges and How to Solve Them

    The Top Policy and Procedure Management Challenges and How to Solve Them

    Corporate policies – from HR guidelines to pricing rules — set the standards, outline the operations and shape culture of an organization. So it goes... The post The Top Policy and Procedure...

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  • Keep Risk Out with Pre-Contract Vendor Due Diligence

    Keep Risk Out with Pre-Contract Vendor Due Diligence

    Managing risk through pre-contract vendor due diligence in a digitally connected world In today’s connected business environment, a company is increasingly exposed to risks, particularly... The...

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  • Mitigating the CFPB Audit Process

    Mitigating the CFPB Audit Process

    In the mortgage industry, the potential for an audit by the Consumer Financial Protection Bureau (CFPB) is often associated with either fear or uncertainty. Following... The post Mitigating the...

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  • Why Cloud Works for Third-Party Risk Management

    Why Cloud Works for Third-Party Risk Management

    If you are running a third-party risk management program, odds are that you either have: A lot of spreadsheets and a good attempt at a... The post Why Cloud Works for Third-Party Risk Management...

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  • The Hidden Costs of Spreadsheets in Compliance and Risk Management

    The Hidden Costs of Spreadsheets in Compliance and Risk Management

    While spreadsheets are a widely-accepted go-to for compliance and risk management activities, findings from Blue Hill Research present a number of considerations for the limitations... The post...

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