Remove Regulations Remove Risk Management Remove Third Party Contracting
article thumbnail

Third Party Risk and the Contractual Life Cycle

SIG Speaks

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Tim Thompson discusses the life-cycle of Third-Party relationships and how they fluctuate in the business world. Entering a contract with a Third Party happens every day in the business world.

article thumbnail

Contract Compliance Audit: Overview, Benefits & How AI is Helping

SirionLabs

Statutory compliance parameters: Safety and health regulations, labor codes, data security standards, local and international guidelines, licensing, etc. Whatever the objective may be, the contract audit process is essential to averting non-compliance— the ramifications of which go far beyond fines and penalties.