Why is due diligence important? Businesses of all sizes are increasingly relying on vendors to provide critical products and services. However, outsourcing operations to third parties can pose significant risks, compounded by the fact that many organizations struggle to establish an effective due diligence review process that increases oversight and reduces risk exposure. In its guide for managing third-party risk, the FDIC defines comprehensive due diligence as “a review of all available information about…
Check out Quantivate’s most recent resources — You’ll find industry insights and learning resources for your governance, risk, and compliance (GRC) program, covering topics including business continuity management, vendor management, and enterprise risk: Business Continuity Software Buyer's Guide Considering a business continuity management system? Review some of the core components of a successful BC/DR program and learn how software can streamline your organization’s business continuity planning. This free guide contains helpful information and tools…
Can ERM and BC teams work together? Learn about the benefits of collaboration and tips for overcoming common challenges with these expert insights from Quantivate's VP of ERM Services.
As businesses face higher regulatory scrutiny around their vendor relationships, a strong third-party risk management program is more important than ever. However, this area remains a struggle for many organizations. Effective due diligence, risk management and measurement, contract review and management, and regulatory oversight can be overwhelming for smaller companies or those without a vendor management program in place. In fact, according to a third-party risk study, 60% of organizations feel underprepared to perform due diligence…
Upgrading your GRC management experience Quantivate is pleased to announce some exciting news: a new version of our software’s user interface (UI) will be released later this month. This upgrade will bring significant improvements to the Quantivate risk and compliance management platform, including: A clean, modern design that provides easy access to tools and data A streamlined menu layout for fast, fluid navigation Dashboard enhancements that maximize productivity and simplify task flows Benefits and…