Vendor due Diligence is a vital business function whose implementation is critical to the achievement of an organization s long-term viability. It focuses on identifying and documenting key risk factors that may affect the success of an organization s vendor channels and/or products. In short, vendor due Diligence focuses on identifying, documenting and analyzing the risks that impact a vendor's ability to successfully sell its vendor channels and/or products. In many ways, vendor due Diligence is like an insurance policy for an organization's vendor channels. Without it, the risk-prone vendor channels would not survive. | #ria compliance consultant # vendor due diligence # regulatory compliance services # risk management # compliance consulting firm
