vendorauditit
Vendorauditit is a term used to describe a structured approach to evaluating vendors that provide information technology products and services. It encompasses the collection of evidence, assessment of controls, and reporting of findings to support decision-making in procurement, risk management, and regulatory compliance.
The process typically begins with scoping and risk profiling, identifying critical vendors, data flows, and regulatory
Vendorauditit reports may be used by buyers, auditors, and regulators to determine risk exposure, contract terms,
Critics note that vendor audits can be costly and may not fully capture dynamic supply chains, especially