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Glossary › Vendor Coverage Rate
What is Vendor Coverage Rate?
Vendor coverage rate tracks compliance with required TPRM activities such as questionnaires, risk scoring, document collection, or contract updates. It highlights gaps in oversight and program completeness.
FAQs
Why measure coverage rate?
To ensure all vendors are reviewed.
Does low coverage increase risk?
Yes, unassessed vendors pose unknown exposure.
Can coverage be automated?
Yes, via workflow and reminder systems.
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