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August 24, 2016

Improving Insights Into Third-Party Risk (Series 1 of 4)

Introduction to SIM & CLM:
Why supplier risk isn’t just a Fortune 100
company issue.

The responsibility for managing suppliers and supplier contracts has taken on a heightened level of interest and concern in recent years. Highly regulated industries including finance, healthcare and food services, are forced to re-evaluate how supplier information is collected and how contracts are managed. With fines that can be in the millions, the potential of being audited and penalized due to non-compliance is real.

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