Vendor Risk Management Overview
The Vendor Risk Management (VRM) module helps you monitor, assess, and reduce risk across your third-party and fourth-party ecosystem. With real-time monitoring, automated workflows, and AI-driven scoring, you gain a complete view of vendor exposure, from onboarding to off-boarding.
Key Capabilities
Security Rating: Track the overall security posture of each vendor.
3rd & 4th Party Monitoring: Identify dependencies and extended risks.
End-to-End Workflows: Manage vendor onboarding, assessments, and reviews in one place.
AI Scoring: Quantify vendor risk using AI-driven analysis.
Vendor Risk Assessments: Conduct automated or manual assessments.
Security Questionnaires: Gather data directly from vendors to verify controls.
Automated Reporting: Generate and share readiness or performance reports.
Remediation Processes: Track and address identified risks.
Automated Vendor Discovery: Detect new or unknown vendor connections.
Robust API & Integrations: Sync vendor data with your existing systems.