Vendor Risk Management
Vendor risk starts with understanding what a provider receives, why it is needed, and how easily it can be replaced.
What we run by default
Need
A new provider should solve a clear architectural or operational need rather than being added for novelty.
Data exposure
Identify what client data the provider can receive, store, or infer before connecting it.
Terms
Review relevant data-use, retention, security, and commercial terms for providers that handle material client information.
Disclosure
Material vendors should be disclosed to the client where the contract or data sensitivity requires it.
Portability
Prefer architectures that allow data export and reasonable substitution when a provider becomes unsuitable.
Client approval
If the client operates an approved-vendor process, obtain approval before introducing a non-approved processor.
Free workflow review
Find the workflow worth automating next
Bring one process that is slow, repetitive, expensive, or leaking opportunities. We will map the current workflow, identify the bottleneck, and tell you whether automation is worth pursuing.
No obligation. If automation is not the right answer, we will say so.