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Unlocking the Value of Third-party Risk Management | Blog

Everest Group

Organizations are increasingly relying on third parties for various functions to cut costs and leverage external expertise, which can introduce significant security risks. While outsourcing to third parties can help organizations enhance operations efficiently, it also introduces the risk of security breaches.

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Building a Resilient Supplier Cyber Risk Management Strategy

Everest Group

Sharing sensitive data with outsourcing providers in today’s interconnected digital world has increased organizations’ vulnerability to cyberattacks, making it more important than ever to have an effective supplier cyber risk management strategy. The Everest Group risk management matrix.

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The Future of Supplier Management: How Technology Can Be Your Competitive Advantage | Webinar

Everest Group

LIVE WEBINAR The Future of Supplier Management: How Technology Can Be Your Competitive Advantage June 1, 2023 | 9 a.m. IST Traditionally, most organizations have managed their suppliers through spreadsheets and outdated processes. What questions will the webinar answer for the participants? CDT | 10 a.m. EDT | 3 p.m.

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Becoming a Customer of Choice: How to Boost Your Supplier Relationships | Webinar

Everest Group

ON-DEMAND WEBINAR. Traditionally, the purpose of supplier management was to ensure outsourcing outcomes matched the intent of the contract. Misses can be high visibility and must be managed effectively. What are common performance management and score carding approaches? Vendor managers. Who should attend?

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Revolutionizing Risk: Exploring Actuarial Outsourcing in Insurance | Blog

Everest Group

Outsourcing is a growing trend in the insurance industry to transform the actuarial function by reducing costs, creating innovation, increasing efficiencies, and filling the talent demand. Explore the factors driving insurers to partner with specialized service providers and the advantages and obstacles of actuarial outsourcing.

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Procurement Outsourcing (PO) – Service Provider Landscape with Services PEAK Matrix® Assessment 2022

Everest Group

Top Procurement Outsourcing Services Procurement Outsourcing (PO) engagements shifting to improving outcomes and covering more judgment-intensive and strategic processes across the Source-to-Pay (S2P) value chain. Market Insights™ Anticipated Changes in Outsourcing Spend Through Mid-Year 2022. Our Thinking. Learn More.

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Contracting for Value: Balancing Expectations and Reality in Outsourcing Engagements | Blog

Everest Group

As enterprises rethink their outsourcing strategies, reevaluate current contracts, and rebalance work, these findings are highly relevant. Recently, when reading the Aesop fable The Tortoise and the Hare to my toddler niece, I was struck by its resemblance to the current state of outsourcing engagements. Let’s explore this further.