Vendor Diligence and Management
Managing third-party risks and conducting due diligence on vendors
A third-party risk management (TPRM) system oversees, validates, and mitigates risks associated with third-party vendors. TPRM facilitates your vendors on data protection, regulatory compliance, and sustainable services to meet your needs. Managing vendor risk can, however, be time-consuming and expensive. Your company can offload risk assessment and vendor due diligence via our vendor management outsourcing service (VMOS). By utilizing ACA’s VMOS as your vendor management software provider, your business will be able to spend more time and resources on strategic initiatives rather than managing risk.