Remove Audit Remove Continual Improvement Remove Insurance Remove Outsourcing
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Important KPIs for Successful Vendor Management

Reciprocity

Before outsourcing your business processes or striking some other deal with vendors, you do need to assess the risks they pose. Improve your organization’s overall third-party risk management. For example, they can help with cost reductions, customer satisfaction, and continuous improvement. Cybersecurity.

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Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

An added benefit to a more resilient organization will be lower insurance rates These are just a few examples. Insurance companies assess risks to determine the insurance premiums they will charge. Examples of IT options are: secondary data centres, migration to cloud-based services, or outsourcing part of IT operations.

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Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

Client or customer demands – depending on the type of services an organization provides to its clients, it may be mandated to implement business continuity and IT disaster recovery plans. Business insurance needs – some business interruption policies are requiring organizations to implement business continuity programs.