Monitoring third parties such as suppliers and distributors on a regular basis is essential to detecting new risks and changes that could increase your risk exposure.
Companies often conduct due diligence and formal compliance checks only when a new partnership is established or the first contract is signed. However, companies should be checking up on their third parties regularly.
This webinar will cover the practice and importance of continuously monitoring due diligence on third parties:
Vice president of products
Andrew Henderson is the vice president of products for The Red Flag Group. His background is in law and information technology, and in his previous roles he assessed, designed, implemented and managed compliance programmes for multinational organisations across a wide range of industries. Mr Henderson has been involved in the design and development of the ComplianceDeskop, a compliance technology platform, and retains a key interest in using technology to support compliance.