Our Blog
Explore our latest articles on third-party governance, risk management, and compliance. Gain valuable insights, expert perspectives, and actionable advice to help you navigate complex industry challenges and optimize your third-party relationships.
Procurement and Compliance teams face a common challenge: managing third-party risks efficiently while meeting increasingly stringent regulatory requirements. The growing number of suppliers, the complexity of compliance obligations, and the pressure to accelerate processes make this task especially demanding. In this context, a unified TPRM (Third-Party Risk Management) platform helps structure third-party risk management and […]
European companies increasingly rely on a complex network of partners and suppliers. Each new third party enriches this ecosystem but also increases risk. These risks include cyber threats, operational challenges such as financial or ethical risks, and regulatory requirements. Traditional, often fragmented, TPRM solutions are no longer sufficient. That’s why all-in-one TPRM platforms are gaining […]
Third-party risk management (TPRM) has become a structural issue for European businesses of all sizes. IT outsourcing, industrial subcontracting, critical suppliers, service partners—every third-party relationship extends the value chain… and the risk surface. But given the variety of tools and approaches available, one question often arises: At what point does an all-in-one TPRM solution actually […]
European TPRM: Third-Party Risk Management (TPRM) has become a key priority for European businesses. Increasing regulatory demands, growing reliance on critical suppliers, and the surge in cyber incidents place third parties at the center of risk management. In this context, an all-in-one European TPRM approach addresses specific constraints that generic solutions often fail to meet. […]
The ESG topic (Environment, Social, Governance) is no longer just a “nice to have” for Procurement departments. It has become a strategic performance and management criterion. According to a recent study, 92% of large buying organizations now require ESG data from their suppliers. These data influence purchasing decisions, business relationships, and increasingly, corporate reputation. Beyond […]
The Class C Supplier Paradox In most organizations, the management of Class C suppliers is built on a well-known paradox: they represent only about 20% of total procurement spend, but consume nearly 80% of the procurement team’s time. These suppliers, often non-strategic and outside of core production, generate a high volume of invoices, administrative tasks, […]
Why evaluate temp agencies and temporary workers? Temporary staffing agencies play a key role in your value chain: they provide personnel who are directly involved in your processes—sometimes in sensitive or regulated tasks. By fully integrating them into your TPRM/TPGRC framework, you strengthen operational reliability and reduce long-term risks associated with external collaborators. Temp agencies […]
In today’s economy, dependence on third parties—suppliers, service providers, partners—is both a source of value and risk. Evaluating and managing these risks is no longer optional; it’s essential for security, compliance, and business continuity. Yet one major internal barrier continues to slow down these critical processes: organizational silos. The Trap of Internal Silos Third-Party Risk […]
Reducing repetitive administrative tasks is one of the top priorities for Procurement Departments—so teams can focus on strategy, performance, and supplier relationships. The current landscape only adds pressure. Procurement professionals juggle multiple demands alongside increasing risks: climate, geopolitical, social—not to mention the classic ones: financial, environmental, cybersecurity, and human rights-related. SRM tools offer a first […]
