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5 Tips for Secure and Fast Vendor Onboarding

5 Tips for Secure and Fast Vendor Onboarding

Vendor risk doesn’t suddenly appear once goods and services are being exchanged for payment; it’s there at every stage of the vendor lifecycle. And nowhere is it more important to get ahead of vendor risk than during the sourcing, selection, and onboarding stages before new risks are introduced to the business. The problem is, most procurement, security, and risk management teams aren’t looking at the same data in the same systems, and these siloes just end up causing unnecessary onboarding delays which slow the business down.

This webinar, presented by Nasser Fattah, former Managing Director for Information Security at Mitsubishi UFJ Financial Group, discusses 5 tips for timely and secure vendor onboarding, including:

  • Working with business owners from the beginning to build requirements right into the RFx process
  • Calculating inherent risk to inform vendor criticality
  • Leveraging managed services to scale up to tackle unexpected onboarding workloads
  • Establishing and measuring SLAs and KPIs that are visible and enforceable across the business
  • Assessing vendors beyond traditional cybersecurity and compliance requirements

Watch this webinar and learn how Nasser knocked down organizational siloes to unify risk assessments for faster and more secure vendor onboarding.

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