AI-DRIVEN : HUMAN-LED

Expert Advisory Services on Third-Party Governance & Risk Management

AI-DRIVEN : HUMAN-LED
Expert Advisory Services on Third-Party Governance & Risk Management
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ENGAIZ Advisory Partners bring in decades of industry experience in the Third-Party Governance and Risk Management space.

MATURITY ASSESSMENTS

Assess maturity levels and understand improvement areas.

Managed Third-Party Risk Services

Fully managed Third-Party
Risk services

IMPLEMENTATION SUPPORT

We will support and train
your team

  • Maturity Assessments
  • Managed Third-Party Risk Services
  • Implementation & Training Support

We provide you an independent assessment of your third-party relationships keeping in mind the following objectives:

Improve Governance

Control Cost

Drive Service Excellence

Mitigate Risk

Engagement Maturity Assessment®

How well is your organization managing and governing third-party relationships ?

Contract Assessment®

Has your organization negotiated a win-win deal with your strategic vendor in terms of contract controls, SLAs and pricing?

Engagement Value Assessment®

What value is your organization getting from third-party relationships ?

Financial Assessment®

Is your organizations relationship with third-parties yielding the expected financial and business benefits?

Risk Management Maturity Assessment®

How mature is your organizations third party risk management program against a set of best practices and industry benchmarks?

IDE@S Assessment®

How well is your organization leveraging third-parties to drive innovation?

We will do the heavy lifting – Managed Third-Party Risk Services

Often times organizations might not have the resources or the skills needed to ensure they are able to do complete justice to their third-party risk management program.

Our Certified Third-Party Risk Management Professionals and Certified Third-Party Risk Assessors will closely work with your in-house team to

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Conduct Vendor Due-Diligence

Criticality & Inherent Risk Assessment

Categorize your vendor ecosystem based on criticality and inherent risks. It is important for your organization to know which vendor is providing a critical service which if disrupted will have internal or external impacts to your customer. Also, how difficult is it to transition or replace your current provider?

ENGAIZ has a fully customizable framework to identify and do a preliminary assessment of the various risk dimensions.
download

Information Gathering and Assessment

Detailed Risk Assessments

We will initiate the information gathering with your third-parties on your behalf, follow-up with vendor contacts to ensure risk assessments are completed in a timely manner.

controls

Test & Assess Controls

Perform onsite visits to test and assess the effectiveness of the controls

To ensure that controls are operating efficiently, testing and assessment of controls is usually necessary, particularly in automated processes. The testing provides confidence that controls have reduced risk to a tolerable level.

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Detailed Management Report

Management Report

Submit an independent report detailing the methodology followed, findings and recommendations which will be highly useful for your internal senior management or board members.

Our highly experienced techno-functional consultants provide the domain knowledge, technical expertise and project management capabilities needed for successful implementation of our platform.
We also provide complete training to ensure your team is fully in control.

We provide you an independent assessment of your third-party relationships keeping in mind the following objectives:

Improve Governance

Control Cost

Drive Service Excellence

Mitigate Risk

Engagement Maturity Assessment®

How well is your organization managing and governing third-party relationships ?

Contract Assessment®

Has your organization negotiated a win-win deal with your strategic vendor in terms of contract controls, SLAs and pricing?

Engagement Value Assessment®

What value is your organization getting from third-party relationships ?

Financial Assessment®

Is your organizations relationship with third-parties yielding the expected financial and business benefits?

Risk Management Maturity Assessment®

How mature is your organizations third party risk management program against a set of best practices and industry benchmarks?

IDE@S Assessment®

How well is your organization leveraging third-parties to drive innovation?

We will do the heavy lifting – Managed Third-Party Risk Services

Often times organizations might not have the resources or the skills needed to ensure they are able to do complete justice to their third-party risk management program.

Our Certified Third-Party Risk Management Professionals and Certified Third-Party Risk Assessors will closely work with your in-house team to

img_463451

Conduct Vendor Due-Diligence

Criticality & Inherent Risk Assessment

Categorize your vendor ecosystem based on criticality and inherent risks. It is important for your organization to know which vendor is providing a critical service which if disrupted will have internal or external impacts to your customer. Also, how difficult is it to transition or replace your current provider?

ENGAIZ has a fully customizable framework to identify and do a preliminary assessment of the various risk dimensions.
download

Information Gathering and Assessment

Detailed Risk Assessments

We will initiate the information gathering with your third-parties on your behalf, follow-up with vendor contacts to ensure risk assessments are completed in a timely manner.

controls

Test & Assess Controls

Perform onsite visits to test and assess the effectiveness of the controls

To ensure that controls are operating efficiently, testing and assessment of controls is usually necessary, particularly in automated processes. The testing provides confidence that controls have reduced risk to a tolerable level.

Report-PNG-Free-Image

Detailed Management Report

Management Report

Submit an independent report detailing the methodology followed, findings and recommendations which will be highly useful for your internal senior management or board members.

Our highly experienced techno-functional consultants provide the domain knowledge, technical expertise and project management capabilities needed for successful implementation of our platform.
We also provide complete training to ensure your team is fully in control.