Reporting

Welcome to the Reporting Community. Here you will find the latest discussions and resources that can help you in this area. This area is dedicated to discussions around what to report on, how often and any other challenges related to third party risk reporting. Note: You will need to Sign In to join in the discussions and access resources. 

About Third Party Risk Reporting: Vendor management reporting to senior management and the board is a regulatory requirement. In fact, it’s a pillar of vendor management. You don’t want to be too specific or too general, so understanding the frequency, format and what to include in your reports is all important.

Latest Discussion Posts

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    RE: Thirp Party Provider Reporting

    This message was posted by a user wishing to remain anonymous If context of your question was around, periodic update to Upper management - I would add, Volume of Supplier reviews completion status, against average time taken per supplier, risk ... More

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    RE: Thirp Party Provider Reporting

    This message was posted by a user wishing to remain anonymous We also report on trends, upcoming critical 3P's, and threats relative to use of 3rd and nth parties. More

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    Thirp Party Provider Reporting

    This message was posted by a user wishing to remain anonymous I would like to get different opinions on what you report particularly to upper management pertaining to your organizations 3rd Parties. We normally capture and present the below as key metrics ... More

    2 people like this.
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    RE: COVID-19 (Coronavirus)

    This message was posted by a user wishing to remain anonymous We had all of our business owners reach out to their critical vendors, those we consider must have's to keep the business running and obtain the following information: Have they activated ... More

    1 person likes this.
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    RE: COVID-19 (Coronavirus)

    This message was posted by a user wishing to remain anonymous We have sent out a request to all our critical vendors for their PnP's for Corna-virus situation. As the information comes in we are reviewing them with management. More

    1 person likes this.

ThinkTank Announcements

  • COVID-19 Resources Page

    Hi Everyone,   With the COVID-19 pandemic upon us, organizations are implementing their pandemic plans, many employees are working remotely and changes in vendor management are rapidly occurring. In the industry, it has raised lot of questions about pandemic planning and best practices and reminds ... More
  • Happy New Year - We Want Your Feedback!

    Happy New Year ThinkTank members! We hope you've found the community discussions this past year to be enlightening and engaging. As we head into 2020, we want to hear your thoughts and feedback as it'll help us continue to understand what you'd like to see more of in the Third Party ThinkTank Community. ... More
  • Community Update - 600+ Members

    Hi Everyone, I wanted to provide an exciting update! The community has now surpassed 600 members and we see wonderful discussions going. We hope you’re finding them valuable. It’s our goal to always provide you a dedicated space to network, collaborate and stay educated. As we continue to grow ... More
  • New Resources Available

    Hi Everyone, Happy Friday! I wanted to share some new resources available to the community… Contract Negotiation: Venminder has released a new infographic, Contract Negotiation Best Practices, you’ll find it for download on the Contract Management resources page. Click here. Bootcamp: We had ... More
  • Welcome to the Community!

    Hi Everyone!   Thanks for joining the Third Party ThinkTank Community! It’s really great to have you on board.   I’m Brittany Padgett, the Community Manager, and it’s my job to help assist you as we all work together to build this community. The main way we can do that is by encouraging ... More

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