Best Enterprise Third Party & Supplier Risk Management Software

UpGuard provides cybersecurity risk management software (offered as SaaS) that helps organizations across the globe prevent data breaches by continuously monitoring their third-party vendors and their security posture. UpGuard is the only service that offers world-class data leak detection capabilities across an organization’s supply chain while continuously monitoring over a million companies to identify security exposures using proprietary security ratings proactively. Their expertise has been featured in The New York Times, The Wall Street Journal, Bloomberg, The Washington Post, Forbes, Reuters, and TechCrunch among others. UpGuard’s powerful risk assessment workflows enable organizations to automate security questionnaires, and the identified risks from responses are automatically mapped to vendors’ security ratings providing a holistic view of risks posed by third-party vendors. Its remediation capabilities make it easier for organizations to collaborate internally and with third-party vendors to remediate the identified security risks.

Descartes Denied Party Screening (also known as Descartes Visual Compliance and Descartes MK Data) provides a range of best-in-class compliance software solutions covering third-party risk management requirements as they relate to international trade regulations, including restricted and denied party screening, OFAC compliance (incl. sanctioned ownership screening and OFAC 50), automation, classification, documentation and license management, and beyond. Choose from flexible pricing options that fit organizations of all sizes and across industries. Descartes Denied Party Screening software pricing ranges from a few thousand dollars a year for a basic implementation covering small screening volumes and one user. At the other end of the spectrum, the annual price of compliance tools could run up to $100,000 or more for enterprise-level solutions.

SAP Ariba automates management of the purchasing lifecycle for indirect goods and services, to streamline workflows, expedite approvals, and eradicate errors and exceptions. By increasing procurement efficiency, it helps users to manage more spend with less effort, and meet demands with agility and speed. For smaller companies relying on manual methods and simple automation, or a large global enterprises using multiple applications and ERP systems, SAP Ariba solutions deliver end-to-end spend visibility, control, and compliance, to help organizations become more flexible, responsive, and fiscally effective.

Bitsight is the global leader in cyber risk intelligence, helping teams make informed risk decisions with the industry’s most extensive external security data and analytics. With 3,300 customers and 65,000 organizations active on its platform, Bitsight delivers real-time visibility into cyber risk and threat exposure—enabling teams to quickly identify vulnerabilities, detect threats, prioritize actions, and mitigate risk across their extended attack surface. Bitsight proactively uncovers security gaps across infrastructure, cloud environments, digital identities, and third- and fourth-party ecosystems. From security operations and governance teams to executive boardrooms, Bitsight provides the unified intelligence backbone required for confidently managing cyber risk and address exposures before they impact performance.

AuditBoard’s modern connected risk platform is designed to elevate your teams, engage the front lines of your business, and help you leverage risk as a strategic driver. At the heart of our connected risk architecture is a unified data core that centralizes your organization's risks, controls, policies, frameworks, issues, and more. The core is surrounded by a set of powerful platform capabilities, including collaboration, automation, a robust workflow engine, business intelligence, and a highly extensible integration layer. Together, AuditBoard’s unified core and purposefully designed platform capabilities set a strong, dynamic foundation for our award-winning applications — RiskOversight, CrossComply, SOXHUB, OpsAudit, ESG, ITRM, TPRM, and RegComply.

D&B Risk Analytics - Supplier Intelligence provides supply and compliance teams with a revolutionary solution that leverages AI-powered data to achieve a new level of visibility for managing risks. Utilizing the Dun & Bradstreet Data Cloud – D&B Risk Analytics - Supplier Intelligence allows you to screen suppliers, actively monitor risk changes, radically streamline your reporting process, and drive operational efficiency through automation.

Ethixbase360 is a comprehensive third-party risk management platform designed to help organizations achieve transparency across their value chains. This solution assists companies in identifying, managing, mitigating, and reporting on risks and resilience throughout their entire supply chain. As regulatory scrutiny and stakeholder expectations continue to rise, Ethixbase360 provides a robust framework for managing third-party compliance in critical areas such as anti-bribery and corruption, modern slavery, human rights, and sustainability. Targeted at a diverse range of industries, Ethixbase360 is particularly beneficial for sectors that require stringent regulatory compliance and ethical management of their value chains. For example, compliance-driven sectors such as healthcare, biotech, and pharmaceuticals face rigorous obligations regarding anti-bribery and corruption, making Ethixbase360 an essential tool for navigating these challenges. Additionally, manufacturing and supply chain-intensive industries, including consumer goods and electronics, can leverage the platform’s scalable and modular approach to effectively manage large and varied supply chains. The platform is also well-suited for energy, natural resources, and infrastructure sectors, such as oil and gas, renewables, and mining, where complex global operations necessitate robust environmental, social, and governance (ESG) measures, as well as thorough anti-corruption and human rights due diligence. Furthermore, the transport and connectivity sectors, including logistics, shipping, freight, and telecommunications, benefit from Ethixbase360’s ability to provide compliance visibility across extensive third-party networks and cross-border engagements. Mid-market and enterprise-level organizations seeking scalable solutions for onboarding, monitoring, and engaging with third parties will find the platform particularly advantageous. Key features of Ethixbase360 include multilingual enhanced due diligence, sanctions and adverse media screening, political exposure analysis, and automated workflows. These functionalities ensure a defensible and auditable approach to third-party risk management. The platform’s flexibility and configuration options allow companies to tailor their risk management strategies to meet the specific needs of their operations, especially those looking to enhance value chain transparency and ethical sourcing practices. By integrating these capabilities, Ethixbase360 stands out for organizations aiming to navigate the complexities of third-party risk in an increasingly regulated environment.

osapiens develops cloud-based software solutions that empower companies to drive sustainable growth across their entire value chain. With powerful data integration and real-time analytics, osapiens supports companies to consolidate, interpret and act on complex operational data and sustainability metrics. The osapiens HUB – a scalable, AI-powered platform – combines over 25 solutions to enhance operational efficiency and sustainability in two core areas: Transparency solutions enable companies to map and monitor their entire value chain to mitigate supply chain risks and comply with regulatory requirements such as EUDR, CSRD and CSDDD. Efficiency solutions facilitate operational excellence by streamlining maintenance processes, optimizing asset performance, and enabling efficient planning, scheduling, and field service operations. Learn more about the osapiens HUB: https://osapiens.com Follow us on LinkedIn: https://www.linkedin.com/company/osapiens

SAFE has reinvented cyber risk management with Agentic AI. The company helps CISOs, TPRM, and GRC leaders become strategic business partners by automating the understanding, prioritization and management of cyber risk—accelerating AI adoption and digital transformation. SAFE is the #1 platform to unify the management of all cyber risks—enterprise, third-party, and AI-related—and deliver autonomous cyber risk management through a fleet of specialized AI agents. Its platform replaces manual effort with agentic automation, backed by the world’s most trusted risk standards. Trusted by hundreds of global organizations, SAFE has more than doubled revenue three years in a row and raised $100M+ to fuel the future of cyber risk automation.

Panorays is a type of third-party cyber risk management solution designed to help businesses optimize their defenses against potential threats posed by external partners and suppliers. By focusing on the unique risks associated with each third-party relationship, Panorays enables organizations to proactively identify vulnerabilities and implement effective strategies to mitigate them. The product primarily targets businesses operating within complex supply chains, where the interdependence on various third-party vendors can introduce significant cyber risks. Industries such as finance, healthcare, and technology, which often handle sensitive data and are subject to strict regulatory requirements, can particularly benefit from Panorays. The solution is designed for risk management professionals, compliance officers, and IT security teams who need to ensure that their third-party relationships do not compromise their cybersecurity posture. Key use cases for Panorays include continuous monitoring of third-party vendors, conducting risk assessments, and managing compliance with industry regulations. The platform allows users to automate the collection of security data from third parties, enabling organizations to gain real-time visibility into their partners' security practices. This proactive approach helps businesses to not only identify potential threats but also to respond effectively with actionable remediations tailored to each vendor's specific risk profile. Panorays stands out in the cyber risk management category due to its comprehensive features that facilitate a streamlined risk assessment process. The solution offers automated questionnaires, risk scoring, and detailed reporting capabilities, allowing users to evaluate third-party security postures efficiently. Additionally, the platform integrates seamlessly with existing security frameworks, enhancing the overall risk management strategy without disrupting current workflows. By providing a centralized dashboard, Panorays empowers organizations to make informed decisions based on accurate data, ultimately strengthening their cybersecurity defenses against evolving threats. In summary, Panorays is a robust tool for businesses looking to enhance their third-party cyber risk management capabilities. By offering a combination of automation, real-time insights, and tailored remediation strategies, it equips organizations with the necessary resources to navigate the complexities of third-party relationships while maintaining a strong security posture.

ProcessUnity is THE Third-Party Risk Management (TPRM) company. Our software platforms and data services protect customers from cybersecurity threats, breaches, and outages that originate from their ever-growing ecosystem of business partners. With ProcessUnity, customers can assess more of their contractors, suppliers, vendors, and service providers faster and more thoroughly, securing intellectual property and customer data so business operations can continue to operate uninterrupted. Our unique combination of the world’s largest third-party risk data exchange, the leading TPRM workflow platform, and powerful artificial intelligence powers the industry’s most complete solution for Third-Party Risk Management. Our solutions, platforms, and people extend third-party risk, procurement, and cybersecurity teams to cover 100 percent of their vendor ecosystem and build a comprehensive controls framework that extends to their business partners. This results in measurable value to our customers through inherent risk assessments on their portfolio, reduced vendor onboarding cycle times, the elimination of assessment backlogs, the ability to get assessment data from hard-to-assess third parties, and a streamlined threat response. Ultimately, using ProcessUnity, our customers can close any gaps in their third-party risk programs. Organizations of all sizes utilize ProcessUnity to reduce assessment work while improving quality, automate processes across their entire TPRM lifecycle, respond to and manage emerging threats and vulnerabilities, and minimize risk posed by their third-party ecosystem. To learn more or request a demo, visit www.processunity.com.

Secureframe empowers businesses to build trust with customers by simplifying information security and compliance through AI and automation. Thousands of organizations such as AngelList, Nasdaq, Coda, and Remote trust Secureframe to help them obtain and maintain compliance with global information security standards.

Vanta is the leading AI trust management platform that lets you manage your trust, risk, and compliance programs—all in a single platform. Thousands of fast-growing companies—like Atlassian, Quora, and ChiliPiper—trust Vanta to get compliant fast across 35+ frameworks such as SOC 2, ISO 27001, HIPAA, and more. And we don't stop there. Our AI and automation power everything—from evidence collection and continuous monitoring to security reviews and vendor risk—whether you're starting up or scaling.

Risk Ledger is a pioneering third-party risk management platform that revolutionises supply chain security through a powerful, unified solution. By onboarding and connecting your entire supply chain into an active network, Risk Ledger provides real-time insights to identify concentration risks and emerging threats. Our dynamic network-based model offers a clear view of your entire supply chain, enhancing your ability to visualise and manage risks effectively. With immediate access to a vast, trusted supplier network and continuously updated risk assessments, Risk Ledger streamlines risk management processes, reduces manual workload, and empowers you with unparalleled clarity and control across all supply chain tiers. Join 10,000+ organisations on the Risk Ledger network today.

SAI360's GRC Platform brings together ethics, governance, risk, and compliance management for a more powerful perspective. Leverage the most connected platform and industry-leading content to manage risk from every angle. • Start quick with solutions built upon industry best practices • Scale as needed with the ability to customize • Gain insight and share easily with analytics and reporting • Engage employees with interactive training • Offer learning in the flow of work for maximum impact • Access support from an industry leader with 25+ years of expertise Insights from the SAI360 team: https://www.sai360.com/