Third-party risk management

Our approach Ways we can help Work with us Our latest thinking

Govern your extended enterprise with greater efficiency – and greater confidence.

Every year, the number of third parties in your extended enterprise is going up. Not only that, third-party services are getting more complex, with global delivery, cloud computing, and an increasingly mobile workforce.

We’ll help you design and execute a strategy to manage third-party risk amid all this chaos. End goal? A third-party risk program that can adapt quickly to manage complexity, keep stakeholders aligned, respond to incidents, and validate third-party claims effectively.

Whether you’re just starting your third-party risk management program, or you already have a sophisticated program in place, our specialized team can help enhance your program with strategic advisory services and execution support.

You trust your third parties – but also need to validate their claims.

You’ve asked your third parties to fill out questionnaires. However, you’re unsure if their controls are as good as they claim. Are your vendors doing what they say they’re doing? Are your affiliates implementing the controls you expect? What happens tomorrow when the risks change?

Failure to identify and assess your third-party relationships can leave you exposed to outages and downtime, data breaches, regulatory findings, fraud, quality issues, and more.

Our specialized team works with clients to re-envision third-party risk management programs – including showing you how to leverage leading techniques, automation, and data-driven actions.

We’ll provide a framework and a sustainable process for assessing and appropriately managing the third-party risks your organization faces. We also help clients execute their programs, providing managed services and ongoing monitoring.

We can help you with any stage of your third-party risk management program.

Our team helps clients plan, build, and run their third-party risk management programs.

Independent program reviews

We offer independent testing, monitoring, validation, and internal audit of an organization’s third-party risk management activities across applicable risk domains.

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Program consulting

We work collaboratively with organizations to identify practical ways to enhance efficiency and effectiveness.

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Technology enablement

We work with clients to help them optimize, modernize, and implement their technology, including custom implementation across several partner platforms, industry-specific accelerators, and tools for ongoing monitoring.

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Third- & fourth-party assessments

We provide both on-site and remote assessments of third parties around the world – for information security, physical security, privacy, business continuity, regulatory compliance, financial viability, licensing, contract compliance, fraud, and sustainability.

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Ongoing monitoring

We offer ongoing third-party monitoring services to help reduce risk, including findings and remediation tracking, periodic relationship status checks, monitoring intelligence and data feeds, and staff augmentation/overflow support.

Supply chain management services

Crowe offers a full suite of supply chain management services, from strategic sourcing to contract management. Understand the tax implications of sourcing decisions, confirm ethical and sustainable sourcing, and get help monitoring your supply chain for resiliency.

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Draw on our expertise to make the most of top-flight third-party risk technology.

Right now, a lot of your third-party risk management is getting managed in spreadsheets – and it’s not efficient. We’ll help you leverage the third-party risk management technology that’s right for you.

Our long relationship with this leading GRC technology gives us deep insight into the best ways to improve usability, customization, and the speed of implementation.

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Whether you’re an experienced user or brand-new to ServiceNow^®, our team can help you integrate risk management into your larger IT picture.

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We draw on deep technical expertise to help you optimize SecurityScorecard tools that minimize cyber risk in your vendor and third-party ecosystem.

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Whatever your business size, we can help you take advantage of ProcessUnity’s flexible configuration options to streamline your third-party risk management program.

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We can customize OneTrust’s flexible suite of integrated risk management solutions to fit into your third-party risk program framework.

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We work with RapidRatings to help clients assess the financial health of their third parties, whether private or public.

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Work with third-party risk specialists who understand your business.

Crowe serves companies across many industries, including:

Technology, media, and telecommunications

Retail

You can rely on us to take your third-party risk management program to the next level.

Crowe has more than 750 risk consultants around the globe to help you manage third-party risk.

Our people bring specialized expertise, hands-on experience, and supporting technology:

Extensive third-party risk management experience with a team fully focused on this area of risk
Deep knowledge of and experience with leading third-party risk technology platforms
Cross-functional risk specialists in areas including financial viability, technology and security, contracting, fraud, compliance, and continuity planning
Global team to support international assessment execution