Insurance Group Extends BSM Strategy to Include Third-Party Risk Management in Just Two Months
Insurance Group Extends BSM Strategy to Include Third-Party Risk Management in Just Two Months
3 Pages© 2020 Coupa Software. All rights reserved. CUSTOMER STORY Insurance Group Extends BSM Strategy to Include Third-Party Risk Management in Just Two Months As a provider of insurance products, the organization understands that any issues with information security or data privacy could be detrimental to its brand. In addition, any financial viability or other issues at critical service providers had the potential to negatively impact business operations. While the risk team had invested extensively in third-party risk management (TPRM) to address these concerns, they faced a difficult situation when their vendor chose to “sunset” the technology platform they had used for several years. With Coupa, it was possible to add TPRM in just two months while improving ongoing risk monit
