Course Summary
The Third-Party Risk Management application provides a centralized process for managing your organization’s third-party portfolio, performing due diligence when onboarding third-parties, and completing the risk assessment. Also, integrating with other GRC applications, provides top-down traceability for compliance with controls and risks.
You will gain skills like:
• Configuration and customization of ServiceNow Third-Party Risk Management (TPRM)
• Designing and implementing third-party risk assessment workflows
• Integrating third-party risk assessment tools and data sources with ServiceNow
• Automating risk assessment processes and notifications
• Analyzing and reporting on third-party risk data for compliance and decision-making
Module 1: Navigate the TPRM application components and prepare for implementation
Module 2: Configure Core data elements: Third Parties, Contacts, and Inherent Risk Questionnaires (IRQs)
Module 3: Configure assessments in the Assessment Designer to create/modify multiple types of assessments included in the Third-party Risk Management process
Module 4: Identify baseline workflows and potential custom workflows needed by a customer
Module 5: Configure the Third-party Assessment Portal
Module 6: Define relationship between assessment questions and GRC applications
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