A.To store third-party compliance documents

B.To enable efficient interaction and communication between the organization and its third parties

C.To streamline third-party onboarding processes

D.To track the financial transactions of third parties

A.To establish clear boundaries for acceptable risk levels when engaging with third parties

B.To ensure that all third-party vendors are located within the same geographic region

C.To limit the number of third-party vendors they work with

D.To ensure they do not exceed their financial budget for third-party services