TPRM 101: How to Get Vendors to Respond to Risk Assessments

Questionnaire-based risk assessments are a great way to understand how third parties handle your data, ensure business resilience, or adhere to contractual requirements. But questions are worthless if you can’t get answers! In fact, in a recent Prevalent study, 57% of respondents cited poor vendor communications and/or spreadsheet-based assessment methods among their biggest third-party risk management challenges.

If you’re part of the “57 Percent,” then you’ll want to join the next session in our TPRM 101 webinar series, How to Get Vendors to Respond to Risk Assessments. Brenda Ferraro, Prevalent VP of Third-Party Risk, will share best practices from her 20+ years of experience working with some of the world’s most effective third-party risk management (TPRM) programs.

Watch this webinar to learn:

• How to communicate with vendors for a higher response rate
• When to realistically expect responses (and other KPIs)
• What to do when you don’t have the right contact or can’t get a response
• Who can help you chase down answers and analyze your risk
• Where to get vendor risk intelligence without waiting for a response

You’ll walk away with practical advice for improving your existing TPRM program, plus recommendations for tools and techniques that can take the pain out of the assessment process.