Schneider Downs has extensive experience building and optimizing the third party risk programs for a variety of clients.
We have managed entire Third-Party Risk Management programs across all different maturity levels and various points of the TPRM lifecycle. We have experience working with procurement, compliance, technical, and financial teams along with business functional areas that own third-party relationships. Thus, our team can adapt to your program’s needs.
This ongoing support complements our core assessment services, and when combined, our support encourages a new level of TPRM assurance. The following are examples of ways we provide ongoing program support in addition to our traditional external assessment services:
Built by our tenured team of security, risk and compliance practitioners. We have leveraged decades of diverse subject-matter expertise and experience to be able to provide the following resources and tools:
The Schneider Downs Risk Advisory Services team has the expertise, credentials and tools to help you build, implement, recalibrate, and manage a world-class third-party risk management program. We understand that outsourcing business functions to third parties is essential in today’s business environment. While outsourcing provides benefits such as increased efficiency and cost savings, it also increases an organization’s risk exposure to a myriad of threats presented by outsourcing. Understanding how to identify and manage the risks presented by third party providers is vital for any business.
Learn more about our Third-Party Risk Management services or contact us to get started.
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Schneider Downs is a Top 60 independent Certified Public Accounting (CPA) firm providing accounting, tax, audit and consulting services to public and private companies, not-for-profit organizations and global companies. We also offer risk advisory, transaction advisory, digital consulting, wealth management, retirement plan solutions and investment banking services. Schneider Downs serves individuals and companies in Pennsylvania (PA), Ohio (OH), West Virginia (WV), New York (NY), Maryland (MD), metropolitan Washington (DC) and additional states in the United States with offices in Pittsburgh, PA, Columbus, OH, and McLean, VA.
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