VENDOR RISK ASSESSMENT AUTOMATION


Accelerate Vendor Risk Management with a Single Security View


Assessing vendors is necessary for companies to outsource safely, but this often involves manual, inefficient processes that are spread across too many teams and tools.


How to solve the industry problem of scaling third party risk management?

 

You can regain time in your busy day with TPRM automation to continuously measure and monitor your vendors' security performance.


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Are vendor risk assessments slowing you down?


Security and IT teams struggle with insufficient resources to assess and monitor third party risk as well as a lack of visibility and understanding of risk across the vendor ecosystem.
Your company can eliminate redundancies and time-consuming tasks: employ a fit-for-purpose TPRM tool that accelerates security reviews and information sharing.

Scale your third-party risk management program


Are you still relying on emails and spreadsheets for conducting vendor risk assessments?
Point-in-time assessments and manual reviews are costly, error-prone, and not scalable.
  • ❌ Don’t spend hours tinkering with spreadsheets to collect, update, and analyze vendor risk data
  • ❌ Get rid of emails and phone calls to track down vendors
  • ❌ Avoid repetitive tasks and move on to higher value activities

Your company can easily increase efficiency in vendor risk assessments by combining:

 

First comes strategy, then comes implementation


Learn how to build a scalable TPRM program to perform unlimited third party risk assessments each year.

Reduce Friction Between Teams


Vendor risk assessments are often perceived as a bottleneck, causing Legal, Procurement, and business owners to engage with new vendors without involving Security up front.
Make the vendor onboarding a streamlined and painless process that’s shared between teams, promoting a self-service approach to increase transparency and efficiency.
 
FEATURED BLOG

Reducing Friction: How to Get Legal, Procurement, and Business Units Onboard with Security

Increase Efficiency to Scale Your Program


Instead of switching between apps, centralize your efforts in a single risk dashboard to increase the overall efficiency of your TPRM program.
Get a deeper understanding of your vendor ecosystem by consolidating all the evidence in one place:
  • Industry questionnaires such as SIG Core & Lite, NIST, CAIQ; custom questionnaires and certifications like SOC-2 Type II, ISO 27001; insurance certificates, and more.
  • Cyber risk scoring from 10+ integrated data providers and breach notifications.
  • Access to 15,000+ vendors that were already assessed on the ThirdPartyTrust network, so you can expedite risk assessments and get the information you need quicker.

Simplify Your Stack


ThirdPartyTrust integrates with GRC, ticketing, and business analytics tools so you can expand your vendor risk management capability across business applications.

Ready to start reducing your workload today?



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