As organizations become increasingly dependent on third-party vendors, managing vendor risk has become more complex than ever.
We're interested in understanding the challenges that security, compliance, procurement, and risk teams are facing today when managing third-party relationships.
Some common challenges we've observed include:
- Collecting vendor assessment information
- Tracking remediation activities
- Maintaining audit-ready documentation
- Monitoring vendor compliance status
- Managing risk across a growing vendor ecosystem
- Coordinating between multiple stakeholders and departments
For those involved in vendor governance or risk management:
- What are the biggest challenges your organization faces?
- How do you currently assess and monitor vendor risks?
- Which processes are the most time-consuming?
- What improvements would you like to see in your current approach?
We'd love to hear perspectives from different teams and learn how organizations are addressing these challenges.