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Essential Practices for Effective Vendor Management


Available Date(s)
Thursday, February 02, 2023: 3:00PM EST
Thursday, April 06, 2023: 2:00PM EDT

Cost Free
CPE Credits 1.0 hour
Subject Area 1.0 - Management Services
CE Credits 0.0 hours
Course Level Basic
Instructional Method Group Internet Based
Prerequisites None
Advanced Preparation None
Course Description

In today’s complex business environment, vendors play a key role in the success of an organization. However, relying on vendors brings added risk. Managing these vital relationships and those risks is important to ensure third-party products and services comply with applicable laws, regulations, and security best practices.

Developing a process for evaluating both new and existing vendors is key. This can help reduce risk by performing ongoing classification of vendors, performing due diligence, risk assessing, and managing contracts effectively by staying on top of important dates.


Learning Objectives:

  • Recognize effective vendor management with a centralized platform that includes contract management

  • Identify, review, and assign a criticality to all vendors

  • Define due diligence and determine risk levels

  • Outline efficient ongoing monitoring and management of vendors


Kristen Olsen

Sales Engineer
(800) 969-4107


Kristen Olsen is a Sales Engineer with Quantivate, a leader in governance, risk, and compliance (GRC) solutions for financial institutions. She has held multiple positions in the financial sector, including roles with Salesforce, ADP, and Symetra, and holds a degree in Business Administration from Gonzaga University.

Additional Materials
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Frequently Asked Questions
  • To receive CPE credit, you must register for the webinar before it starts.
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Handout Materials
Presentation Slides

NASBA Approved (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

About Our Presenter

Quantivate is a provider of web-based governance, risk, and compliance (GRC) technology and service solutions to organizations both large and small nationwide. Founded in 2005 with the release of its Business Continuity Software, the company has grown to feature a full suite of solutions for GRC management, including Business Continuity, Vendor Management, Enterprise Risk Management, IT Risk Management, Internal Audit, Compliance Management, Complaint Management, and Policy & Document Management.