How to Implement a Successful Third Party Management Solution

Date: Thursday, December 14, 2017 | Time: 8 am PST | 11 am EST


In most organizations, the responsibility of third-party management is distributed across multiple functions, and each function receives only partial information on the risks from these third parties. This restricts the possibility of gaining true intelligence on third-party risks, compliance status, and the overall performance, as there is an absence of integrated information on third parties. Leveraging a technology-based solution can significantly simplify the process of third-party management, however, this can only be effective if the organization has been able to define a strategy for managing third parties.

With a holistic strategy, a structured approach, and an efficient third-party management technology solution, managing third parties can be simplified.

In this webinar, we will discuss the key stages that are required when looking to implement a successful third party management solution, and the best practices for each stage.

  • Overview of how organizations are managing third-party risks
  • Developing the strategy for effective third-party management
  • Getting the preliminary preparation right
  • Best practices adopted by large organizations


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Speaker4Nisha Sharma
Senior Manager

Ms. Sharma leads the marketing efforts for Audit and Risk Management Solutions offerings within MetricStream. She has over 9 years of experience primarily in consulting and marketing and was associated with the tax consulting practice for one of the big 4 consulting firms and have been engaged with multiple Fortune 500 organizations in this capacity. She has a Bachelor of Commerce (Honors) from Delhi University.