CPE | Time is Money: Accelerating Vendor Risk Assessment Times with Exchanges - ERP Spain.com - España y América Latina

Earn 1.5 CPE Credits on this webinar Organizations expect to share 41% of critical data with third parties in the next five years, resulting in an exponential increase in vendor evaluation tasks. Ponemon research reveals that third parties spend an average of 15,000 hours annually on assessments, often characterized by length and redundancy. In a landscape saturated with bespoke security questionnaires, the efficiency gains of a risk Exchange are often overlooked. On this webinar this webinar we will delve into the tangible challenges of legacy systems and offer practical insights into gaining support for a risk Exchange. Attendees will learn how to: - Grasp the overwhelming volume and redundancy challenges of third-party risk assessments. - Transform the vendor assessment process, focusing on time-saving and reducing friction for both assessors and assesses. - Learn strategies to foster internal adoption of a risk Exchange by emphasizing near and long-term benefits, particularly the time and energy saved. - Discover key success metrics for measuring the effectiveness of a risk assurance program, including quantifying time savings, streamlining assessment processes, and accelerating purchasing decisions for both vendors and customers.