Optimize Your Supply Chain Monitoring with Dynamic and Customizable TPGRC Dashboards
Effectively Manage Supplier Risks with Real-Time Indicators The international context, new regulations, and expanding sourcing are pushing Procurement and Purchasing Departments to simplify supplier relationship monitoring. These evolutions require real-time management of the many supplier-related data points and compliance requirements. In an environment marked by tighter regulations and greater demand for transparency, the statuses, scores, […]
Integrating ESG Criteria into Supplier Evaluation
Integrating environmental, social, and governance (ESG) criteria into the evaluation of third-party partners has become essential for companies seeking to strengthen their operational resilience and promote sustainable development. These criteria make it possible to analyze not only economic performance but also the environmental and social impact of business relationships. According to a recent McKinsey study, […]
Comprehensive Methodology for Third-Party Risk Mapping
In today’s business environment, where relationships with external partners are strategic, third-party governance has become an essential priority. Third-party risk mapping is a critical tool for identifying, structuring, and prioritizingfactors that may impact the organization. According to a recent Gartner study, over 60% of organizations have now implemented a centralized or federated model for managing third-party risks, […]
Maximizing the Impact of Dynamic Risk Scoring: Monitoring and Personalization for Effective Third-Party Risk Management
In our previous article, we explored the fundamentals of dynamic risk scoring and its essential role in evolving third-party governance practices. This innovative approach, leveraging real-time data and sophisticated analytical models, is profoundly transforming the way organizations assess their third-party partners. As European regulatory requirements tighten with DORA, NIS 2, and the convergence of CSRD/Duty of Vigilance, organizations must […]
Understanding Dynamic Risk Scoring: Fundamentals and Implementation for Third-Party Governance
Dynamic risk scoring has become an essential tool for organizations seeking to optimize their third-party governancestrategies. With increasingly complex partnerships and growing regulatory requirements in Europe—particularly DORA and NIS 2—it is crucial to understand how this methodology transforms collaborative assessment of third-party partners. According to data reported by Sprinto, 58% of compliance teams identify assessing third-party responsiveness as their main challenge […]
TPRM Deployment in the Public Sector: Insights and Expertise
In an environment where interactions with third-party partners play a crucial role in the functioning of public organizations, proactive risk management for these relationships has become a strategic priority. Third-Party Risk Management (TPRM) is now an essential approach to ensure regulatory compliance, reduce financial risks, and prevent cyber threats. With more than 430,000 third parties managed worldwide, Aprovall has established […]
Third-Party Risk Dashboard: Optimizing Management and Monitoring
In a context where supply chains and external partnerships are becoming increasingly complex, third-party governancehas emerged as a strategic priority for companies. According to a recent study, the global third-party risk management market is expected to reach USD 18.7 billion by 2030, driven by growing regulatory demands and increased reliance on external suppliers. A third-party risk dashboard is a central […]
Automating Sapin II Compliance Controls: A Technological Solution for Regulatory Conformity
In a constantly evolving regulatory environment, French companies face increasing challenges in complying with Sapin II law, particularly regarding anti-corruption efforts. These requirements are especially critical in strategic sectors such as the public sector, construction, industry, and retail, where partner-related risks are omnipresent. Automating compliance controls through advanced technological solutions offers an effective way to manage these complex issues. By […]
Supplier Due Diligence: A Key Pillar in Risk Management
Supplier due diligence has become a critical component of third-party governance in a context where nearly 50% of mergers fail due to inadequate partner assessment. This structured approach to collaborative evaluation enables organizations to build operational resilience while ensuring regulatory compliance. The due diligence process is based on a proven methodology of gathering and analyzing third-party information. It systematically covers six critical […]