Vendor Management

 

Companies rely on vendors to provide a litany of goods and services, from analytics to white-out and everywhere in between. However, issues within vendor businesses can quickly turn into risks for clients. Whether it’s a critical SaaS provider on the verge of bankruptcy, or an office cleaning company with deficient employee screening procedures, issues within vendors can disrupt productivity, create data breaches, and cause other harm to the companies which rely on them. Comprehensive risk management programs include a sub-program for the oversight and management of vendor relationships. Titan Grey has extensive experience establishing vendor risk management programs within new or existing risk management functions at client companies. Working hand-in-hand with client stakeholders, Titan Grey delivers right-sized solutions for vendor risk management which balance information and representation requirements with the nuances and power balance of each individual vendor relationship.

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