Best Practices
Outsourcers and Vendors: Guide To The Standardized Information Gathering (SIG) Questionnaire
The Standardized Information Gathering (SIG) Questionnaire acts as a bridge between vendors and outsourcers, offering value to both parties in managing third-party risk. Outsourcers use the SIG to assess their existing and prospective service providers, while vendors use the SIG to respond to these same customers. In this way, the SIG Questionnaire creates a common language for both vendors and outsourcers. (Most organizations are both outsourcers and vendors and can benefit from both use cases.) The SIG streamlines the risk management process, promotes transparency, and ultimately fosters a more secure third-party ecosystem. Download this guide to using the SIG as a vendor and outsourcer.