Fourth Party Business Functions Ingrid Individual service providers are companies that provide a product. See the product types and their associated risks for the following business functions (product category): Content Management System Content Management Systems (CMS) manage the creation and modification of digital content, primarily for support and knowledge functions. Customer Relationship Management Customer Relationship Management (CRM) systems are used to manage a company's interaction with current and potential customers. Enterprise For-profit businesses or companies. These are often associated with entrepreneurial ventures and are run by a single individual. Finance Involves managing assets, liabilities, revenues, and debts for a business. Defines all financial decisions and activities of an individual or household, including budgeting, insurance, mortgage planning, savings, and retirement planning. Human Resources Responsible for finding, screening, recruiting, and training job applicants, and administering employee-benefit programs. Information Technology The study, design, development, implementation, support or management of computer-based information systems—particularly software applications and computer hardware. IT functions are considered as subsets of information and communications technology. Marketing The promoting and selling of products or services, including market research and advertising. Other Other products and services. April 1, 2025: Separated products provided by business functions. Related articles Slack Integration CM App: 4th Party Risk CM App: Companies List 4th Party Risk: Products 4th Party Risk: Overview Feedback 0 comments Please sign in to leave a comment.