Tackling the Industry Problem Together

Companies are independently trying to solve this growing problem while the vendors are forced to respond in a one-off manner. ThirdPartyTrust is modernizing the way vendor risk assessments are done for everyone. Our network-enabled solution allows you to leverage the work of your industry peers who have already reviewed common vendors.

ThirdPartyTrust and EASE have established a strategic alliance to advance its membership and vendors to a single pane of glass; a foundational VRM program. We band the good guys together creating a shared sense of transparency and insight to the supply chain.

Foundational VRM Bundle

The Foundational package enables analysts to efficiently assess a vendor using industry standard questions, collect security documentation and communicate with vendors.

With the Foundational package, analysts can establish a ‘connection’ with any vendor to start an assessment. They can request and review the completion of a standardized questionnaire, relevant insurance policies any other attestations. As Members collect information, they can can message with their vendors inside the platform and eliminate email from the assessment workflow.

Access to Supplemental Intelligence

For the vendors with exposed risk in the questionnaire that warrant a deeper assessment, Members can purchase a supplemental intelligence reports within the Foundational bundle.

We provide financial risk and business health analytics for procurement professionals to improve governance and regulatory compliance through our partner, ArgosRisk.

We’ve partnered with monitoring tools to bring accurate security rating and continuous risk monitoring. SecurityScorecard provides an objective data point to begin an assessment.

Advanced Vendor Risk Management Bundle for Program Maturity

When members are ready to mature their program, they will find it simple to upgrade their current account to advanced functionality and assistance with configuration and implementation.

Once upgraded, members will have access reporting engine and executive dashboards, set re-assessment timelines and deadlines to automate reminders, and perform impact and inherent risk analysis. Members can also create findings on questionnaire responses, automate remediation tracking, upload contracts, addendums, and other relevant documents and be alerted when risk posture changes.