9 Steps to Complete the Vendor Risk Assessment Process

Managing vendor risks is crucial to the success of any business. It requires identifying all potential risks associated with the products and services provided by a vendor, as well as the vendor relationship itself. 

An effective way to identify those risks are through vendor risk assessments. Not only are they essential for vendor risk management, but they're also a regulatory requirement for many industries. 

Download the infographic to learn:

• 9 steps in the vendor risk assessment process
• Risk types included in assessments
• Requirements and cadences for each risk rating