Third party assurance
Third parties can provide an invaluable resource and service for your organisation. But how far should you go when validating a third party supplier?
What does the third party need to be validated against?
How can you be confident that the validation process is effective?
Is the validating process detrimental to the aspirations and requirements of the organisation or the effectiveness of the third party?
This paper explores the concept behind third party assurance and the extent to which such assurance is deemed satisfactory or detrimental.