In this white paper, industry expert Michael Volkov, CEO of The Volkov Law Group, LLC, shares key questions no business can afford to overlook when evaluating and selecting vendor risk management solutions, including:
- What is the solution’s total cost of ownership?
- Will the system meet all of your documentation and retrieval requirements?
- Will the system alert you to all changes in status—without wasting your time on false positives?
- Does the system push you towards more costly analyst-led due diligence—even when you don’t need it?