{"id":5004,"date":"2020-02-07T15:43:41","date_gmt":"2020-02-07T15:43:41","guid":{"rendered":"https:\/\/crigroup.com\/?p=5004"},"modified":"2022-04-26T11:41:50","modified_gmt":"2022-04-26T11:41:50","slug":"tprm-compliance-program","status":"publish","type":"post","link":"https:\/\/crigroup.com\/ar\/tprm-compliance-program\/","title":{"rendered":"Building a Resilient and Defensible Third-Party Risk Management Compliance Program"},"content":{"rendered":"
Does your business have a Third-Party Risk Management (TPRM) Compliance Program? Are you establishing the legal compliance, financial viability, and integrity levels of outside partners, suppliers and customers seeking to affiliate with your business? <\/strong><\/span><\/p>\n It’s highly probable that, at some point, organizations that affiliate with outside providers will eventually have to deal with an operational interruption resulting from third-party related issues and inappropriate conduct. The risks involved in partnering with outsiders hasn’t changed over the centuries. It’s the potential liability that’s been ratcheted up several notches. International borders have been ripped down. Technology has improved the way businesses communicate.<\/span><\/p>\n Easy access to data and information enables the media to report on business news before a business can properly respond. And the markets are quick to form opinions based on a 24\/7 on-demand news cycle. The result of this increased liability is problematic. Business litigation has skyrocketed. Corporate reputations are constantly being assaulted. Business strategies are forever shifting. Board members are increasingly subjected to intense scrutiny from outside critics, and a highly educated market responds immediately with their pocketbooks.<\/span><\/p>\n VIEW 3PRMTM<\/sup> BROCHURE<\/a><\/span><\/strong><\/p>\n CRI\u00ae<\/span> Group has a network of local subject specialist operatives across the Middle East, Europe, South American and Asian regions to extend a helping hand and offer enhanced integrity due diligence being pre-emptive measures against:<\/span><\/p>\n When Working with third-party providers, CRI\u00ae<\/span> Group designed a solution: 3PRM-Certified\u2122<\/a>. This proactive approach includes Integrity Due Diligence, Enhanced Due Diligence, Anti-Bribery and Anti-Corruption Compliance Solutions (incorporating ISO 37001 Anti-Bribery Management System accredited certification and training) to mitigating the risks involved with third-party affiliations to protect the organization from liability, business interruption and brand damage.<\/span><\/p>\n WHEN TO CONDUCT THIRD-PARTY SCREENING?<\/a><\/span><\/strong><\/p>\n As the risk for data breaches and supply chain disruption continues to rise with COVID-19, so does the need for effective third-party risk management (TPRM) programs. Whether you\u2019re a TPRM professional looking for a certification to advance your skillset, or the leader of your organization considering how to better equip your team with the best knowledge and skills, the 3PRM-Certified\u2122 program is an all-in solution.<\/span><\/p>\n Our 3PRM\u2122 service is flexible, and we tailor our scope to address an organization’s specific concerns and risk areas. Our extensive solutions include due diligence, employee pre- and post-background screening, business intelligence and compliance, facilitating any decision-making across your business no matter what area or department. Get ahead of any potential problems down the road with suppliers, contractors, and other third-party partners. Contact CRI\u00ae<\/span> Discover How to Demonstrate a Resilient and Defensible Third-party Risk Management Compliance (TPRM) Program with 3PRM\u2122 Services<\/strong><\/span><\/h3>\n
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3PRM-Certified\u2122 A Third-party Compliance Verification and Certification Program<\/strong><\/span><\/h3>\n