Vendor Due Diligence & Effective Vendor Management

IT & Cybersecurity Compliance Human Resources Information Technology Marketing Operations

On-Demand Webinar:

StreamedAug 13, 2024Duration90 minutes

Unlimited & shareable access starting two business days after live stream
Available on desktop, mobile & tablet devices 24/7
Take-away toolkit
Ability to download webinar video
Presenter's contact info for questions

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From selecting the best available vendor to negotiating a fair contract to identifying and correcting performance issues, this presentation will examine the practical and regulatory requirements for managing third-party relationships.

It will also explore the operational details of creating an effective vendor management program. Join former general counsel David Reed as he provides valuable insight into the best practices of vendor management.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

Evaluate and update your vendor management process
Reduce the compliance risk associated with critical vendors
Maximize vendor contract negotiations
Understand escape options and hidden costs
Create solid staff oversight and quality control

WEBINAR DETAILS

Vendor management continues to be a high-priority operational and regulatory issue because every financial institution entrusts some of its most sensitive information, financial resources, and core business processes to third-party vendors. The explosion of virtual operations and remote services has introduced more opportunities, more vendors, and more risks into your processes.

If something goes wrong with a third-party relationship, guess who will get the blame: you! On top of that, consider how much of your budget is paid directly to vendors. Make sure your institution is getting the most from vendors while weathering the increased examination scrutiny.

WHO SHOULD ATTEND?

This interesting webinar will benefit executives, in-house counsel, compliance staff, financial staff, accounting professionals, accounts payable personnel, department managers, and anyone involved with the vendor management process.

TAKE-AWAY TOOLKIT

Contract review hot spots checklist
Sample vendor management policy and checklist
Five Things Your Vendor Does NOT Want You to Know
Regulatory guidance
Employee training log
Interactive quiz
PDF of slides and speaker’s contact info for follow-up questions
Attendance certificate provided to self-report CE credits

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your institution is prohibited. Print materials may be copied for eligible participants only.