11 Third-Party Risk Management Best Practices in 2026 | UpGuard

This vendor-authored guide outlines 11 best practices for building and scaling a third-party risk management (TPRM) program—covering executive alignment, accurate vendor inventories, combined point-in-time assessments and continuous monitoring, fourth-party visibility, KPIs, governance committees, stakeholder reporting, and automation—while highlighting UpGuard’s Vendor Risk product features and customer testimonials as a solution to implement these practices.