Onboarding vendors can be a time-consuming process for procurement teams and even companies with the best intentions can have bottlenecks if they don't put proactive processes in place. In this session, we'll discuss how you can streamline and speed-up the onboarding processes while still taking cost, risk, and capabilities into account. Takeaway a step-by-step guide to breaking the bottleneck and learn how to vet and validate potential vendors to avoid any future issues or pitfalls while not slowing down the business needs.

• Review the drivers and challenges organizations face when onboarding vendors
• Understand the benefits of a proactive onboarding process across functional teams a part of third-party risk management
• Takeaway a step-by-step guide to vet and validate potential vendors while not slowing down business needs
• Identify priorities before, during, and after the third-party vendor risk management lifecycle

Presenter:

Jason Sabourin, CIPP/E, CIPM

Product Manager, OneTrust Vendorpedia