Cybervergent
Third Parties

Manage a third party

Open the Manage drawer and step through Accountability, Lifecycle, and Reassessment, then save. The next review date is calculated from the cadence.

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Manage a third party

Overview

Set accountability, lifecycle stage and tier, and the reassessment cadence.

Step-by-step

  1. 1 Open the Register tab and find the third party.
  2. 2 Click 'Manage' on its row to open the drawer. The steps are Accountability, Lifecycle, and Reassessment.
  3. 3 Accountability step: set 'Owner(s)', 'Relationship manager', and 'Business sponsor'. Click 'Next'.
  4. 4 Lifecycle step: set the 'Lifecycle stage' and assign a 'Tier'. Click 'Next'.
  5. 5 Reassessment step: set the 'Review cycle' (Quarterly, Semi-annual, Annual, or Biennial). The next review date is calculated automatically.
  6. 6 Click 'Save' and confirm when prompted.
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Third Parties Work the third-party register Read and filter the Register tab, where your third parties and their risk live. Third Parties Onboard third parties Add one third party through a guided form, or onboard many at once from an Excel file. Third Parties Offboard a third party Run the exit checklist, record the reason and date, and sign off. Third Parties Act on a third party with Entity Tools Assess risk, audit, request remediation or evidence, and send a questionnaire from a third party.