1. Compliance
  2. Third-Party Compliance

Time Taken to Onboard a Third-Party


The average time it takes to do due dilligence and onboard a new third party from initial contact to full integration. A streamlined onboarding process ensures that third parties can quickly align with organizational processes and compliance requirements.


Total time taken for all third-party onboardings / Number of third parties onboarded


If 5 third parties took a total of 50 days to onboard, the average time would be 10 days.