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Third-Party Risk Management

Automate your third-party risk management program

Streamline every stage of your third-party lifecycle – from onboarding and assessment to reporting and monitoring.

  • Build your customized third-party inventory
  • Automate vendor assessments with the control framework of your choice
  • Continuously monitor third-party risk and trigger reassessments

Automate third-party risk assessments 

Streamline your third-party risk assessment process with out-of-the-box templates or build custom assessments that only ask relevant questions depending on how the third-party answers.

Reduce reputational risk and build trusted relationships 

Build a third-party inventory and easily aggregate individual third-party details into a single, editable profile. Use a centralized dashboard to gain visibility across your inventory and prioritize the third-party relationships that matter most.

Detailed information on third-party vendors that show their industry type, rating, and risk level.

Reduce potential risk with out-of-the-box mitigation recommendations and workflows. Choose from more than 50 built-in control frameworks or import your own. Act faster with rules-based triggers to kick off workflows and auto-assign risks to the right owners.

User interface for assessing vendors that identifies a vendor rsks, scores their severity, and gives their aggregated risk level.

Listen for real-time third-party changes and set automated rules to trigger actions and send notifications when new risks or vulnerabilities are detected. Choose from dozens of integrations to automate workflows and share information across systems.

Workflow builder that allows administrators to set the steps and triggers when a risk is detected.

Mitigate regulatory compliance risk with automated recordkeeping and powerful reporting. Build customized dashboards based on user role and preferences to surface critical, contextually relevant metrics. Conveniently export brandable PDF reports to review third-party risk management performance with executives or key stakeholders.

Report that shows the number of vendors and a bar graph for vendor risks by business unit.

July 25, 2024

Third-Party AI: Procurement and risk management best practices

As innovation teams race to integrate AI into their products and services, new challenges arise for development teams leveraging third-party models. Join the webinar to gain insights on how to navigate AI vendors while mitigating third-party risks.

Customer testimonial

Vendor risk management is an ongoing initiative that requires buy-in from almost all employees, so we sought to implement a solution where processes are clearly laid out and self-explanatory.
Mitchell Samuel, IT Technology Administrator, Self Esteem Brands
Overhead view of two businessmen in discussion walking across downtown street.

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