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How to Effectively Use Tools to Manage Third Party Vendors

In today’s business environment, organizations increasingly depend on third-party vendors for diverse array of services to expand their workforce. While this trend shows no signs of reversing, it may introduce additional risks if not carefully managed.

What will you learn from this webinar?

In the coming years, organizations and companies will face a pressing need to establish effective communication with third-party vendors. To address this and mitigate various risks, ERP Maestro and AdaptiveGRC have developed tools specifically designed for this purpose. In this webinar, a panel of experts will explain and demonstrate how these products work. Attendees will gain insights into automating routine tasks, reducing risks, and enhancing workflow efficiency.

Risks and external threats of poor third-party vendor management

Understand the various risks and external threats that can arise from ineffective third-party vendor management and their potential impact on your organization.

Flexible tools provided by ERP Maestro and AdaptiveGRC

Explore the versatile tools offered by ERP Maestro and AdaptiveGRC designed to enhance and streamline the management of third-party vendors.

Demonstration of AdaptiveGRC’s tools

Witness a detailed demonstration of AdaptiveGRC’s tools, showcasing their application in effective vendor management, compliance, and risk mitigation.

Showcasing ERP Maestro tools

Discover real-world examples and case studies demonstrating how ERP Maestro’s tools improve workflow efficiency, reduce risks, and ensure better vendor management.

In a Nutshell

Companies and organizations rely heavily on third-party vendors. With ongoing technological advancements, this trend is expected to continue. However, the associated risks of inadequate vendor management are also likely to persist. To navigate these challenges safely and efficiently, organizations should consider utilizing effective tools such as those offered by AdaptiveGRC and ERP Maestro.

Experts

Jan Anisimowicz
Former President, CEO and long-time board member of the Institute of Internal Auditors - IIA Poland