You have a vision for how your Third-Party Risk Management program should run...and you want to bring in a software tool to help get you there. All that stands in the way is the dreaded business case.
Building a business case for a software purchase is a big deal -- sometimes you need one to get budget approved, sometimes you need one to get final sign-off from management. Either way, your job is to justify the investment by quantifying the benefits Third-Party Risk Management automation will bring.
So, where do you start?
Download ProcessUnity's latest eBook, Building a Business Case for a Third-Party Risk Management Tool for practical guidance on how to formulate a winning business case. We discuss how to:
- Define the opportunities for improvement through data collection and measurement
- Outline your high-level goals for cost avoidance and efficiency
- Quantify the benefits of automation through some quick math
- Capture the soft costs and hard-to-measure benefits
- Demonstrate how to put the savings to work for further benefits
If you're in the market for a Third-Party Risk Management solution, chances are, you'll need to build a business case. Download our guide and get your program funded today.
About the Author
Ed Thomas leads ProcessUnity’s marketing team and is responsible for the company’s awareness, demand generation and thought-leadership programs. Ed has spent his 20-year career developing and implementing high-impact lead-generation and branding programs for high technology companies, including Stratus Technologies, aPriori, eXcelon, Banyan Systems and Lois Paul & Partners. In fact, ProcessUnity is his third Governance, Risk and Compliance (GRC) company, and he had served prior roles as the Director of Marketing at Cura Software Solutions and the Manager of Corporate Marketing at OpenPages. Ed holds a degree in journalism from Boston University. A home improvement enthusiast and woodworker, Ed spends his free time renovating his 1800’s home with his wife, Penny. His work has appeared on HGTV and in This Old House Magazine.Follow on Twitter More Content by Ed Thomas