In managing third-party risks, it can sometimes feel like threats are coming at you from all sides. This was the challenge facing Vini Parmar, Compliance Risk Manager at Kohler Co., as she tried to stay on top of the various tools and siloed data inputs necessary for Kohler’s third-party screening process.
By centralizing third-party management with Diligent, Parmar is better able to mitigate risks, track compliance and streamline her risk management process.
“Automation helped us bring our resource expectations down,” said Parmar, “and got us the information we needed at our fingertips to make better decisions to mitigate risk right away — instead of waiting so long before everything is done.”
