- Increase productivity by 25% to 75%
- Coordinate your third-party risk management processes between your teams, information systems and third-parties
- Convert your spreadsheets and make your siloed software communicate
- Out-of-the-box Third-Party Risk Management modules give you the ability to achieve better compliance, more effective executive communication and more risk-based management
Smart Third-Party Risk Management will help your organization to stay on top of the most important third-party risks by involving all relevant stakeholders in a risk-based approach
- Increase efficiency and effectiveness of your third-party risk assessment processes
- Reduce the business drag of third-party risk management and improve cross-functional coordination
- Vary your risk management approach for different categories of third-parties
- Respond to the explosion in the use of third parties
Easily scalable
- Easy and unlimited on/offboarding of new users
- Easy and unlimited on/offboarding of third-parties
Ready-to-use
- Editable questionnaires for over 30 regulations and standards and for different types of third-parties
- Direct connection to your existing software and data
- Compatible with 200+ software applications (Microsoft 365, Oracle, Salesforce, ServiceNow, etc.)
- Compatible with market information databases like Dun & Bradstreet, Dow Jones, etc. (with your access)
Improve efficiency
- Third-party profile management
- Workflows
- Role based collaboration
- Automated risk assessment & analysis
- Collaborative remediation management
- Exception management & history
Improve visibility
- Search, analytics and reporting
- Document management
- Customisable dashboards & reportings
Improve ongoing compliance
Ensure ongoing adherence from third parties to your policies and requirements
Prerequisite
Up-to-date browser, internet access