DEManage Third-Party Risks with Confidence
Our TPRM module helps you identify, assess, and mitigate risks across your third-party ecosystem, strengthening your organizations resilience.
Trusted by leading organizations
Key benefits of our TPRM solution
Effectively manage risks from vendors, suppliers, and partners with our Third-Party Risk Management (TPRM) solution. As third-party reliance increases, so do risks like data breaches, regulatory non-compliance, and operational disruptions. Protect your business with TPRM by:
Identify critical third parties and services
Automation of risk assessments
Intelligent third-party due diligence
Ongoing monitoring of risk exposure
Discover our key features
Managing third-party risks can be complex. Our TPRM solution simplifies the process. It enhances visibility, ensures compliance, and streamlines every step of the third-party lifecycle. Discover how it helps you stay in control and ahead of risks.
Manage your third-party providers and services efficiently. This enables you to centrally record third-party providers, evaluate their services and control the associated risk, resulting in improved risk management and optimized compliance.
Define and identify relevant third-party providers and services in the initial phase of your risk management process. Our solution enables you to effectively define the scope of your third-party risk management and create the basis for a comprehensive risk strategy.
Categorize and evaluate your outsourcing relationships with our specialized classification function. Quickly identify the different types of outsourcing partners and their specific risks to enable targeted and efficient risk management in your company.
Determine the risk profile of your third-party providers with our risk analysis and assessment function. Our solution helps you to identify and assess potential risks in order to develop effective risk management strategies and actively manage the overall risk in your company.
Conduct a detailed review of your third-party providers with our TPRM solution. This in-depth analysis enables you to gain deeper insights into the business practices, compliance and security standards of your external partners to make informed decisions and effectively minimize risks.
Monitor and analyze contracts with third-party providers. This allows you to manage contract terms efficiently, ensure compliance and identify and address potential risks in your business relationships at an early stage.
Keep a constant eye on the activities and risks of your third-party providers. Our monitoring function allows you to continuously review and update the risk status, supports the early detection of problems and helps to ensure compliance and performance standards.
Benefit from our comprehensive reporting and analytics capabilities. Visually appealing and clear dashboards give you a clear overview of the performance and risks of your third-party providers, making decision-making and strategic planning much easier.
Our TPRM solution supports you in planning and executing the exit from relationships with third-party providers. It enables a structured and risk-minimized transition to new vendors or solutions by providing clear exit strategies and effectively managing the transition to avoid business disruption and ensure business process continuity.
Manage your third-party providers and services efficiently. This enables you to centrally record third-party providers, evaluate their services and control the associated risk, resulting in improved risk management and optimized compliance.
Define and identify relevant third-party providers and services in the initial phase of your risk management process. Our solution enables you to effectively define the scope of your third-party risk management and create the basis for a comprehensive risk strategy.
Categorize and evaluate your outsourcing relationships with our specialized classification function. Quickly identify the different types of outsourcing partners and their specific risks to enable targeted and efficient risk management in your company.
Determine the risk profile of your third-party providers with our risk analysis and assessment function. Our solution helps you to identify and assess potential risks in order to develop effective risk management strategies and actively manage the overall risk in your company.
Conduct a detailed review of your third-party providers with our TPRM solution. This in-depth analysis enables you to gain deeper insights into the business practices, compliance and security standards of your external partners to make informed decisions and effectively minimize risks.
Monitor and analyze contracts with third-party providers. This allows you to manage contract terms efficiently, ensure compliance and identify and address potential risks in your business relationships at an early stage.
Keep a constant eye on the activities and risks of your third-party providers. Our monitoring function allows you to continuously review and update the risk status, supports the early detection of problems and helps to ensure compliance and performance standards.
Benefit from our comprehensive reporting and analytics capabilities. Visually appealing and clear dashboards give you a clear overview of the performance and risks of your third-party providers, making decision-making and strategic planning much easier.
Our TPRM solution supports you in planning and executing the exit from relationships with third-party providers. It enables a structured and risk-minimized transition to new vendors or solutions by providing clear exit strategies and effectively managing the transition to avoid business disruption and ensure business process continuity.
How it works
Our TPRM module simplifies the entire process of managing third-party risks, from onboarding new vendors to continuously monitoring them.
Here’s how it works in five easy steps:
1
Risk Assessment
& Classification
Assess security, compliance, BCM, and financials. Score vendors by inherent risk.
3
Automated
Reporting
Generate reports instantly. Stay audit-ready at all times.
5
Third-Party
Onboarding
Upload vendor data. Auto-categorize by service, region, or risk.
2
Continuous
Monitoring
Monitor risks in real time. Get alerts on critical changes.
4
Actionable Insights & Mitigation
Get clear mitigation steps. Automate task assignment for fast response.
How it works
Our TPRM module simplifies the entire process of managing third-party risks, from onboarding new vendors to continuously monitoring them. Here’s how it works in five steps:
1
Third-Party Onboarding
Upload vendor data. Auto-categorize by service, region, or risk.
2
Risk Assesment & Classification
Assess security, compliance, BCM, and financials. Score vendors by inherent risk.
3
Continuous Monitoring
Monitor risks in real time. Get alerts on critical changes.
4
Automated Reporting
Generate reports instantly. Stay audit-ready at all times.
5
Actionable Insights & Mitigation
Get clear mitigation steps. Automate task assignment for fast response.
Who benefits from our TPRM module?
Our TPRM module is designed to support a wide range of industries and departments, helping organizations better manage third-party risks. Below are a few use cases, that demonstrate how different departments can leverage our TPRM module to gain a comprehensive view of third-party risks and take action to protect the organization:
Technology partners
Our TPRM module integrates with external data sources, providing up-to-date information for managing third-party risks and supporting real-time, informed decision-making.
Prospero
AI-driven platform for predictive analytics and decision-making
SecurityScorecard
Platform to systematically assess and improve cyber security
BitSight
AI-powered analysis and security assessment of cyber risks
Synesgy by CRIF
Synesgy platform specializing in ESG assessment of companies
What our customers say about us
GRC TOOLBOX
Explore our TPRM software
Experience the full potential of our TPRM software, the intuitive and powerful platform for managing third-party risks. Simply fill out the contact form to request a demo, receive pricing, invite us to an RFP, or get more information tailored to your needs.
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