{"id":1,"date":"2018-07-14T15:06:21","date_gmt":"2018-07-14T15:06:21","guid":{"rendered":"https:\/\/crigroup.com\/?p=1"},"modified":"2022-05-31T13:15:38","modified_gmt":"2022-05-31T13:15:38","slug":"tprm-assessment","status":"publish","type":"post","link":"https:\/\/crigroup.com\/ar\/tprm-assessment\/","title":{"rendered":"Internal Control: Identify Vulnerabilities through TPRM Assessment"},"content":{"rendered":"<p>CRI\u00ae Group&#8217;s Third-Party Risk Assessments are front-line tools used to ascertain whether an organisation has the appropriate policies and procedures in place to address all potential risks at the management, operations and financial levels and simulates the likelihood of those risks occurring.<\/p>\n<p><span data-preserver-spaces=\"true\">A 3PRM<sup>TM<\/sup> assessment includes a review of internal auditing procedures, compliance guidelines, performance criteria, internal controls, reporting processes, and contractual requirements vital to fostering a long-term positive outcome with the third-party provider when looking at the relationship from a cost-benefit standpoint. A 3PRM<sup>TM<\/sup> assessment verifies whether the proposed third-party relationship is consistent with the organisation&#8217;s strategic plan and overall business strategy.\u00a0<\/span><span data-preserver-spaces=\"true\">Specific areas addressed in a 3PRM<sup>TM<\/sup> assessment include:<\/span><\/p>\n<ul>\n<li><strong><span data-preserver-spaces=\"true\">Audit and supervision functions<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0that assign clearly defined responsibilities within the organisation<\/span><\/li>\n<li><strong><span data-preserver-spaces=\"true\">Business continuity plans<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0that take into account natural disasters and third-party business closures<\/span><\/li>\n<li><strong><span data-preserver-spaces=\"true\">Supply-chain alternatives<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0that react and respond to every possible scenario, from regional events to currency fluctuations<\/span><\/li>\n<li><strong><span data-preserver-spaces=\"true\">Jurisdictional considerations and affiliations<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0with potential partners located in regions that may be prohibited by law<\/span><\/li>\n<li><strong><span data-preserver-spaces=\"true\">Data and intellectual property protection<\/span><\/strong><span data-preserver-spaces=\"true\">, which includes customer privacy and information security considerations<\/span><\/li>\n<li><strong><span data-preserver-spaces=\"true\">Anti-corruption and whistle-blower policies<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0begin with staff education and extend to safe internal and external reporting mechanisms which are easily accessible to management and staff.<\/span><\/li>\n<\/ul>\n<p><span data-preserver-spaces=\"true\">Our 3PRM<sup>TM<\/sup> assessments ensure tight controls to mitigate key risks and designate specific staff responsible for maintaining those controls. Any gaps detected in those controls are addressed during the assessment phase.<\/span><\/p>\n<p><a class=\"editor-rtfLink primary-btn\" href=\"https:\/\/crigroup.com\/ar\/download-brochure\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">VIEW 3PRM<sup>TM<\/sup> BROCHURE<\/span><\/a><\/p>\n<p><span data-preserver-spaces=\"true\">CRI\u00ae Group invites you to\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/meetings.hubspot.com\/zafar-anjum\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">schedule a quick appointmen<\/span><\/a><span data-preserver-spaces=\"true\">t with us to discuss how conducting our 3PRM<sup>TM<\/sup> assessment can help you and your organisation.\u00a0<\/span><\/p>\n<p><a class=\"editor-rtfLink primary-btn\" href=\"https:\/\/crigroup.com\/ar\/get-a-quote\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">GET A FREE QUOTE<\/span><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><strong><span data-preserver-spaces=\"true\">Who is CRI<\/span><\/strong><span data-preserver-spaces=\"true\">\u00ae<\/span><strong><span data-preserver-spaces=\"true\">\u00a0Group?<\/span><\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">Based in London, CRI\u00ae Group works with companies across the Americas, Europe, Africa, Middle East and Asia-Pacific as a one-stop international\u00a0<\/span><a class=\"editor-rtfLink broken_link\" href=\"https:\/\/cta-service-cms2.hubspot.com\/ctas\/v2\/public\/cs\/preview\/click?cta_guid=b733ad82-0e55-4917-bb02-011bb79f838d&amp;placement_guid=250fb2a7-fa34-4014-a23e-a19ec41aee8a&amp;portal_id=2506761&amp;redirectUrl=https%3A%2F%2Fcrigroup.com%2Four-solutions%2F\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Risk Management<\/span><\/a><span data-preserver-spaces=\"true\">,\u00a0<\/span><a class=\"editor-rtfLink broken_link\" href=\"https:\/\/cta-service-cms2.hubspot.com\/ctas\/v2\/public\/cs\/preview\/click?cta_guid=4ec58284-73b3-46f5-a11f-d9dcc6b8e17e&amp;placement_guid=f957ed6c-edc3-4286-ac30-f33caa6f81f9&amp;portal_id=2506761&amp;redirectUrl=https%3A%2F%2Fcrigroup.com%2Femployee-background-checks%2F\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Employee Background Screening<\/span><\/a><span data-preserver-spaces=\"true\">,\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/crigroup.com\/ar\/business-intelligence\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\"><div id=\"h1-9\">\u0630\u0643\u0627\u0621 \u0627\u0644\u0623\u0639\u0645\u0627\u0644<\/div><\/span><\/a><span data-preserver-spaces=\"true\">,\u00a0<\/span><a class=\"editor-rtfLink broken_link\" href=\"https:\/\/cta-service-cms2.hubspot.com\/ctas\/v2\/public\/cs\/preview\/click?cta_guid=13966f36-e2fa-4f6b-afeb-5a9004f47f91&amp;placement_guid=67fe51fd-e7a3-4fe3-814a-c8c713aa06e5&amp;portal_id=2506761&amp;redirectUrl=https%3A%2F%2Fcrigroup.com%2Fthird-party-risk-management%2F\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">TPRM<\/span><\/a><span data-preserver-spaces=\"true\">,\u00a0<\/span><a class=\"editor-rtfLink broken_link\" href=\"https:\/\/cta-service-cms2.hubspot.com\/ctas\/v2\/public\/cs\/preview\/click?cta_guid=b8a8c479-0172-4651-bdd7-06d3a3e1b42b&amp;placement_guid=26b207ed-54ef-48d8-a2eb-d0931ca99b39&amp;portal_id=2506761&amp;redirectUrl=https%3A%2F%2Fcrigroup.com%2Fdue-diligence%2F\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\"><div id=\"h1-2\">\u0627\u0644\u0639\u0646\u0627\u064a\u0629 \u0627\u0644\u0648\u0627\u062c\u0628\u0629 <span class=\"rtl-1\">360\u00b0<\/span><\/div><\/span><\/a><span data-preserver-spaces=\"true\">,\u00a0<\/span><a class=\"editor-rtfLink broken_link\" href=\"https:\/\/cta-service-cms2.hubspot.com\/ctas\/v2\/public\/cs\/preview\/click?cta_guid=e0e860b5-1822-40b5-a34c-d0a8782d97c8&amp;placement_guid=46f09df8-0452-4582-a178-75554e2c10bc&amp;portal_id=2506761&amp;redirectUrl=https%3A%2F%2Fcrigroup.com%2Fcompliance-solutions%2F\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\"><div id=\"h1-1\">\u062d\u0644\u0648\u0644 \u0627\u0644\u0627\u0645\u062a\u062b\u0627\u0644<\/div><\/span><\/a><span data-preserver-spaces=\"true\">\u00a0and other professional\u00a0<\/span><a class=\"editor-rtfLink broken_link\" href=\"https:\/\/cta-service-cms2.hubspot.com\/ctas\/v2\/public\/cs\/preview\/click?cta_guid=186c5f76-08e9-452a-b6c7-53c143e3a42e&amp;placement_guid=da1251cb-798d-4e81-a03a-6484600d1cf1&amp;portal_id=2506761&amp;redirectUrl=https%3A%2F%2Fcrigroup.com%2Finvestigative-solutions%2F\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Investigative Research<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0solutions provider. We have the largest proprietary network of background-screening analysts and investigators across the Middle East and Asia. Our global presence ensures that no matter how international your operations are, we have the network needed to provide you with all you need, wherever you happen to be. CRI\u00ae Group also holds\u00a0<\/span><strong><span data-preserver-spaces=\"true\">BS 102000:2013<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0and\u00a0<\/span><strong><span data-preserver-spaces=\"true\">BS 7858:2012 Certifications<\/span><\/strong><span data-preserver-spaces=\"true\">, is an HRO certified provider and partner with Oracle.<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>CRI\u00ae Group&#8217;s Third-Party Risk Assessments are front-line tools used to ascertain whether an organisation has the appropriate policies and procedures in place to address all potential risks at the management, operations and financial levels and simulates the likelihood of those risks occurring. A 3PRMTM assessment includes a review of internal auditing procedures, compliance guidelines, performance [&hellip;]<\/p>","protected":false},"author":1,"featured_media":16971,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15,24,23,146,10],"tags":[],"class_list":["post-1","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-industries","category-all-regions","category-industry-insights","category-resources","category-third-party-risk-management"],"gutentor_comment":0,"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<meta name=\"description\" content=\"A TPRM assessment includes a review of internal auditing procedures, compliance guidelines, performance criteria, internal controls, reporting processes and contractual requirements that are vital to foster a long-term positive 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