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Nonprofit organizations are seeing the value of creating strategic partnerships and outsourcing functions to service providers. Each new relationship can expose organization to a wide range of risks. Developing an effective third party management program is a mainstay of cost management, operational efficiency, and monitoring risk. Attendees will have a greater understanding of third party risk and how outsourced providers can negatively impact an organization. This session will provide suggestions in implementing a third party management program.
Upon completion of this session participants will be able to:
Presented by Mark Bednarz, Partner, O'Connor Davies