Gurgaon, March 28 -- In the last few years, organizations across different sectors have deployed AI tools for several day-to-day functions to increase productivity and efficiency. One area in B2B landscape where AI is making its presence felt is third-party risk management. Leveraging artificial intelligence (AI) for optimizing business operations has been the talk of the town for about a decade now. In the last few years, organisations across different sectors have deployed AI tools for several day-to-day functions in an effort to increase productivity and efficiency. One such area in the B2B landscape where AI is making its presence felt is third-party risk management.

As tie-ups with third parties are far more cost-efficient and conve...