TPRM organizational silos: In many companies, organizational silos remain a persistent reality. Procurement, Legal, Compliance, Finance, and IT often still operate as independent units, each with their own tools, priorities, and metrics. Despite years of digitalization efforts, these internal divisions continue to hinder overall organizational performance. This siloed structure has consequences. It complicates processes, delays […]
Hidden supplier risks often sit in tier-2/3 networks. Learn the real cost of blind spots and how continuous monitoring reduces disruption exposure.
Comparing Third-Party Risk Management (TPRM) platforms has become a strategic task for many European organizations. The rise in regulatory requirements, increasing reliance on critical suppliers, and pressure for greater traceability make these decisions more complex than they seem. Rather than limiting the assessment to a functional comparison, an effective evaluation relies on structural criteria related […]
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 […]
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 […]
