Third Party SLA Tracking
Having positive third party relationships is essential to running a successful organization. You can ensure you’re working with the best with LogicManager’s third party management software.
This application can be achieved through:
Completing third party risk management due diligence isn’t always easy.
Third Party management has a lot of moving parts, and you’ve got a lot to keep track of: who your third parties are, what services they provide, what sensitive information they have access to, which internal policies apply to them, and so much more. Conducting due diligence tasks isn’t a one-person job, either, so you’re responsible for designing an efficient workflow to make sure these tasks are carried out, and that ultimately, you’re working with top-notch third parties. Luckily, LogicManager’s third party management software makes your job a whole lot easier when it comes to vendor due diligence and third party risk management.
But it’s time to get organized.
Without connected third party management software, truly excelling at your job is difficult and it could lead to third party management failure.
Traditional spreadsheet and Word systems make it hard to keep track of all your third parties and data.
Assessing the criticality of your suppliers and allocating resources accordingly is a headache without an objective third party risk assessment process.
Engaging the right people in the third party review process isn’t time-efficient when you don’t have an automated third party management system.
Generating reports based on the third party information you collect is a pain when you have to hunt down the relevant information across disparate systems.
“ I want to be able to protect the company and ultimately our customers and our share base, and make sure that we’re protected. That’s what LogicManager has helped us address. This is getting us to a point where we can proactively manage risk and avoid it. ”
Brian Tessier | IT and Professional Services Category Manager, DentaQuest
Request a DemoLearn How LogicManager’s Third Party SLA Tracking Software Can Transform Your Risk Management Program
Speak with one of our risk specialists today and discover how you can empower your organization to uphold their reputation, anticipate what’s ahead, and improve business performance through strong governance.
