According to Gartner, Third Party Risk Management (TPRM) was identified as the top threat by compliance leaders in 2019. The focus has been magnified in 2020 and 2021 with the impact of the COVID-19 pandemic, the Great Resignation, and the ever-increasing reliance on third parties to deliver on commitments.

As CPAs and Risk Advisory professionals, we encourage you to read this Gartner article on Third-Party Risk Management, A Better Way To Manage Third Party Risk (gartner.com).

SLK’s Risk Advisory professionals can assist your organization in building a robust Third-Party Risk Management Program or we can evaluate your current Third-Party Risk Management Program to help identify potential gaps or weaknesses. To discuss how SLK can assist you, give us a call at (954) 374-0555 and ask for Stan Lexow, Partner Risk Advisory.