Third-party and supplier risk management software helps organizations assess, monitor, and manage the risks associated with their vendors and suppliers. It is designed to protect companies from potential issues such as data breaches, noncompliance, or operational disruptions. This software enables businesses to evaluate and mitigate risks that could negatively impact their relationships with suppliers, ensuring a more secure and reliable supply chain. Typically used by compliance officers and managers in departments like supply chain, quality management, or manufacturing, this software ensures adherence to both internal policies and external regulations, such as FFIEC, CFPB, or HIPAA. For department managers, it provides a valuable tool for minimizing the risk of disruptions caused by unreliable suppliers. While third-party and supplier risk management tools are often part of a larger governance, risk, and compliance (GRC) framework, they can also be deployed as standalone solutions. When implemented separately, these tools must integrate with other enterprise systems such as supply chain management software, ERP systems, and broader GRC solutions to provide a comprehensive risk management approach.
DATEV
The DATEV app streamlines accounting and financial management, offering tools for invoicing, bookkeeping, and tax compliance with integration capabilities.
Sprinto
Sprinto is a compliance management platform that automates security compliance processes, integrates with cloud services, and supports various regulatory frameworks.
Everstream Analytics
Everstream Analytics provides AI-driven insights and risk analytics for supply chains, helping businesses anticipate disruptions and improve operational resilience.
Scrut Automation
Scrut Automation is a compliance management platform that monitors security controls, streamlines regulatory adherence, and automates compliance tasks for various standards.
Source Intelligence
Source Intelligence is an app for managing product compliance, responsible sourcing, sustainability, and supply chain visibility through data collection and reporting.
Vanta
Vanta streamlines security and compliance management for businesses, facilitating audits, monitoring controls, and integrating with third-party tools for various frameworks.
OneTrust
OneTrust is a platform that helps organizations manage data privacy, security, and third-party risk, ensuring compliance with global regulations.
Resolver
Resolver is a risk management app that centralizes risk data, automates workflows, and enhances compliance to help organizations manage and mitigate risks effectively.
Hyperproof
Hyperproof is a compliance operations platform that centralizes and automates compliance management and risk assessment across multiple frameworks.
Fraud.net
Fraud.net is a fraud prevention platform that helps businesses detect and manage fraudulent activities using AI and data analytics.
Secureframe
Secureframe automates and streamlines compliance with standards like SOC 2, ISO 27001, HIPAA, and PCI DSS for organizations of all sizes.
Gatekeeper
Gatekeeper is a vendor and contract lifecycle management platform that centralizes contract data, ensuring compliance and streamlining vendor operations.
SecurityScorecard
SecurityScorecard provides cybersecurity ratings and risk management tools to assess and improve an organization’s security posture and third-party vendor risks.
TealBook
TealBook automates supplier data management, offering insights for better sourcing decisions and improved procurement efficiency.
Recorded Future
Recorded Future provides threat intelligence, analyzing data from multiple sources to enhance security and prioritize risk management for organizations.
SureCloud
SureCloud is an integrated GRC platform that helps businesses manage risks, ensure compliance, and improve governance through real-time insights and automation.
Pivot
Pivot is a procurement software that helps companies manage spending and automates processes for finance, legal, and compliance teams without extensive training or integration.
Venminder
Venminder is a platform for third-party risk management, offering tools for vendor assessments, monitoring, compliance, and reporting to streamline vendor relationships.
Highwire
Highwire is a risk management app that evaluates contractors' strengths and weaknesses, providing tools for safety, inspections, and compliance to improve project outcomes.
UpGuard
UpGuard is a cybersecurity platform that helps organizations monitor vendors, prevent data breaches, and improve security with real-time risk assessments and reporting.
Craft
Craft is a data and analytics platform that organizes information on companies and sectors from various sources to create comprehensive profiles.
Risk Ledger
Risk Ledger is a cybersecurity platform that enables organizations to assess and manage third-party risks while sharing risk data with their supply chains.
Supply Wisdom
Supply Wisdom provides real-time risk intelligence and monitoring across multiple domains to help businesses manage and mitigate supply chain risks.
myCOI
myCOI is a cloud-based app that simplifies the management of Certificates of Insurance (COIs), ensuring compliance and tracking risk for various businesses.
Scytale
Scytale automates compliance with security frameworks, providing real-time monitoring, customizable policies, and expert guidance for efficient compliance management.
Contingent
Contingent is a platform for managing temporary and contract workforce, offering tools for talent acquisition, vendor management, and real-time analytics.
Omnea
Omnea is an AI-based procurement and supplier management platform that centralizes supplier data, automates onboarding, approvals and contract capture, tracks compliance, and integrates with existing tools.
TechnoMile
TechnoMile helps companies manage business development and contracts with the government by integrating public data, optimizing processes, and reducing risks.
AuditComply
AuditComply is a compliance management tool that helps businesses manage regulatory requirements, automate tasks, and track audits efficiently.
C1Risk
C1Risk is a SaaS platform that helps organizations manage regulatory compliance and risks through risk assessment, compliance monitoring, and strategic planning tools.
Kodiak Hub
Kodiak Hub is a supplier relationship management app that helps procurement and supply chain professionals assess supplier performance and collaborate effectively.
Whistic
Whistic is an AI-powered platform for managing third-party risk assessments and vendor compliance efficiently, automating tasks and providing centralized security documentation.
Ncontracts
Ncontracts provides cloud software and services that help US financial institutions manage risk, compliance, vendor oversight, audits, and lending compliance.
VISO TRUST
VISO TRUST is a vendor security platform that automates risk assessments and manages third-party risks with real-time intelligence and insights.
Auditive
Auditive connects businesses and customers on a platform for risk monitoring, allowing quicker vendor reviews and ongoing assessment throughout relationships.
Strike Graph
Strike Graph is a compliance platform that helps businesses manage security certifications and streamline compliance processes across various frameworks.