Third-party due diligence is widespread, but gaps remain. 69% of organizations screen all or most categories of third parties and 90% use a risk-based approach, yet only 37% of reviews uncover a material finding.
The State of Third-Party Risk & Integrity report, based on research with 124 ethics, compliance and risk practitioners, benchmarks how organizations are managing third-party risk today, from due diligence delays and fourth-party visibility to the growing use of AI.
This report helps you benchmark your program against your peers. Use it to:
See how your third-party risk program compares. Download The State of Third-Party Risk & Integrity.
Kohler Co. automates third-party risk management with Diligent
In managing third-party risks, it can sometimes feel like threats are coming at you from all sides. This was the challenge facing Vini Parmar, Compliance Risk Manager at Kohler Co., as she tried to stay on top of the various tools and siloed data inputs necessary for Kohler’s third-party screening process.
By centralizing third-party management with Diligent, Parmar is better able to mitigate risks, track compliance and streamline her risk management process.
