How to Streamline Third-Party Compliance Training
When it comes to data breaches, hackers, supply chain snafus, and bad actors getting hold of your organization’s most critical data, knowledge is power. Ignoring third‑party compliance training invites audits and fines. Consider the recent data breach involving PowerSchool that involved a costly ransom and sparked multiple class action lawsuits.
Did you know? Healthcare is the industry most impacted by third-party breaches. Forty-one percent of third-party breaches in 2024 impacted healthcare organizations.
In the meantime, the general public and regulators are holding organizations accountable for vendor behavior. The German Supply Chain Act, UK Modern Slavery Act, and U.S. DOJ EECP Guidelines are just a few examples.
The Problem: Vendor Vulnerability
Cyber security among third-party partners is one of the biggest risks faced by companies, with supply chain attacks jumping by over 600 percent in 2022 alone. Vendor vulnerability can grind operations to a halt and cause severe reputational damage.
The solution: Training vendors on your organization’s code of conduct, specifically the parts relating to data security, is key. Educated contractors can be your allies and spot red flags before they escalate.
Consistent third‑party compliance training signals that you value integrity as much as profit. It also keeps your customers and stakeholders confident.
How SAI360 Can Help
SAI360 simplifies vendor management by providing Third-Party Training Self-Registration. This option removes barriers to training and empowers vendors, contractors, suppliers, and other partners to onboard and complete compliance training seamlessly. All with minimal admin effort.
- Easy Self‑Registration: Vendors and partners access a branded registration form and onboard themselves quickly
- Custom Campaign Setup: Admins select required courses, tailor welcome messaging (including translations), and schedule training assignments
- Automated Workflows: Dynamically assign courses, trigger notification emails, and send automated reminders to drive completions
- Third‑Party Data Collection: Capture key demographic fields during registration for segmentation and reporting
- Robust LMS Reporting: Use the same analytics dashboards as your employee training to track third‑party progress, completions, and performance
SAI360’s LMS can be extended to your entire vendor ecosystem via a portal, where partners self‑register and immediately gain access to courses crafted specifically for third‑party risks. These modules cover everything from GDPR and data privacy to modern slavery and human trafficking, as well as anti‑bribery, code of conduct, DEI, financial integrity, gifts and hospitality, conflicts of interest, harassment and discrimination, labor and employment, and supply chain compliance.
By giving your external network direct access to the same robust training and reporting tools you use internally, you ensure every link in your chain is accountable to your policies and equipped to help you turn risk into resilience. Taken together, this helps ensure your organization’s entire extended network stays aligned with your policies and code of conduct in a highly streamlined manner. Prevention leads to protection.
Final Thoughts on Third-Party Compliance Training?
A seamless self‑registration process for your extended enterprise removes friction. You gain scalable, trackable third‑party compliance training completion without extra workload. Ultimately, it’s about empowering your vendors with the right information in order to build a unified culture of accountability.