Third Party Audit

It has always been the case that many organisations rely on third parties to deliver products and services to enable their businesses to function effectively. With the advent of cloud services and the increasing number of cloud-based products and services on offer to organisations, third-party reliance is likely to increase further in the future.

Having identified your high-risk third parties, we can offer you a range of services from a full audit service program to conducting ad hoc or selective second-party audits on your behalf. With a full audit program, we will propose a methodology and schedule for conducting audits of your suppliers and third parties. In conjunction with you, certain suppliers will be prioritised based on factors including criticality, risk assessment findings, incidents, previous audit findings, or contractual requirements. In terms of conducting audits, our auditors are not only experienced in performing all types of process and system-based audits but are also geographically located. As such, should you be looking for an on-site audit to be carried out, we can accommodate your needs. At the end of the audit, you will be presented with a comprehensive report, adopting your audit approach, your internal style, and your template. We can help you with any action/nonconformity management of your third parties through to a successful conclusion, or you can manage this yourself.

Either way, drawing on our expertise can provide you with resource flexibility to deliver an effective and appropriate third-party audit service. Such a service will help assure your stakeholders that your third parties meet your information security or business continuity requirements and that you are managing your supplier risk.