Vendor Onboarding: How to Do It Correctly

An organization's vendor onboarding process should allow for identification of the right partner and is critical to the success of this future relationship. Not only does the onboarding process need to be effective and efficient, but it also must lay a solid foundation for managing and monitoring the vendor throughout the relationship.  

So, what does effective onboarding look like? Why is vendor onboarding so important to identifying and managing risks, setting contractual expectations with the vendor, and validating controls that can prevent future data breaches, regulatory fines, or reputational damage? 

Watch this informative webinar to learn more about finding new vendors and their subsequent onboarding, including planning, risk assessment, due diligence, contracting, and more. 

Watch now to learn: 

• The importance of onboarding via sequential steps
• How to find a  new vendor and what should be "planned"
• What risk assessment objectives you should never lose sight of 
• Common challenges of due diligence and what to do if a vendor doesn't fully validate their controls 
• Internal risk mitigation via strong contracting
• Key takeaways for successful vendor onboarding