Vendor Selection, Due Diligence, Ongoing Monitoring

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When and How Often to Perform Vendor Due Diligence 

06-13-2024 07:06 AM

Vendor due diligence is one of the most vital activities within third-party risk management. This process of reviewing your vendors’ documents on a regular basis helps ensure these relationships are safe and sound. It’s not always clear when and how often vendor due diligence should be done. Follow these recommended guidelines for the frequency of due diligence to ensure your time and efforts are well spent.

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