Phase I: Identify, Prioritize and Scope

We begin by assessing the different types of third-parties providing services to your organization, and what – if any – due-diligence measures are being performed. Additionally, we look at key metrics to strive for, risk ranking criteria for current and future third-parties in terms of impact to the organization, and more. With our well-known Design & Deploy model, Centris offers industry leading TPRM solutions for the financial, life sciences, healthcare, energy, critical infrastructure, manufacturing, retail, technology, and legal sectors. 

Phase II: Assess & Document

Digging into the details of third-party risk means evaluating all subject matter identified in Phase I and providing reporting in terms of gaps that exist, areas of remediation, expert recommendations for developing a comprehensive third-party program, and more.

Phase III: Report & Communicate

Senior leadership within your organization needs a clear and concise report with findings, and with Centris, we provide a documented, highly comprehensive report detailing such findings, recommendations & strategies, and next steps.

Phase IV: Remediate

The ultimate indicator of how successful our risk advisory services are is measured by successfully remediating gaps and deficiencies within one’s control environment. With Centris, our highly trained consultants will work with you every step of the way in helping with all critical remediation measures.

Phase V: Monitor

Effective risk management must also include continuous monitoring of controls – regularly assessing, inspecting, and modifying policies, procedures, and processes. Centris has developed continuous monitoring programs for organizations all throughout the globe. Whatever the industry, we have the risk advisory expertise for helping monitor your control environment.

With Centris, we offer proven risk advisory services for technology, cybersecurity, data privacy, compliance, TPRM, and supply chain.