# Best Third Party & Supplier Risk Management Software - Page 12

## How Many Third Party & Supplier Risk Management Software Products Does G2 Track?

**Total Products under this Category:** 135

### Category Stats (Aug 2026)

- **Average Rating:** 4.48/5 (↓0.01 vs Jul 2026) The average rating of products in this category, based on all submitted ratings
- **Top Trending Product:** CLEAR (+1.54%) - Among all products in this category, CLEAR recorded the largest rating increase compared to last month

_Last updated: August 01, 2026_

## How Does G2 Rank Third Party & Supplier Risk Management Software Products?

**Why You Can Trust G2's Software Rankings:**

- 30 Analysts and Data Experts
- 10,900+ Authentic Reviews
- 135+ Products
- Unbiased Rankings

G2's software rankings are built on verified user reviews, rigorous moderation, and a consistent research methodology maintained by a team of analysts and data experts. Each product is measured using the same transparent criteria, with no paid placement or vendor influence. While reviews reflect real user experiences, which can be subjective, they offer valuable insight into how software performs in the hands of professionals. Together, these inputs power the G2 Score, a standardized way to compare tools within every category.

## G2 Grid® for Third Party & Supplier Risk Management Software
 ![G2 Grid® for Third Party & Supplier Risk Management Software plotting products by satisfaction and market presence](https://www.g2.com/categories/third-party-supplier-risk-management/grids.png?focus%5B%5D=123611&focus%5B%5D=4086&focus%5B%5D=1214856&focus%5B%5D=5514&focus%5B%5D=140255&focus%5B%5D=1301114&focus%5B%5D=953&focus%5B%5D=510)

Highlighted products: Vanta, UpGuard Vendor Risk, Descartes Denied Party Screening, Creditsafe, Secureframe, osapiens, IBM OpenPages, and SAP Ariba.

Underlying data: [Grid® JSON](https://www.g2.com/categories/third-party-supplier-risk-management/grids.json?focus%5B%5D=vanta&focus%5B%5D=upguard-vendor-risk&focus%5B%5D=descartes-denied-party-screening&focus%5B%5D=creditsafe&focus%5B%5D=secureframe&focus%5B%5D=osapiens&focus%5B%5D=ibm-openpages&focus%5B%5D=sap-ariba)

**Sponsored**

### Mitratech Global GRC Platform

Unified governance, risk, and compliance software suite that helps organizations manage enterprise risk, third party and vendor risk, policy management, compliance training, ethics and hotline reporting, business continuity, and cyber and IT risk, all in one connected system instead of disconnected point tools. 8,300+ organizations trust Mitratech to run their GRC programs, including the AI running inside them. AI governance isn't a feature we added. It's how the platform was designed. The platform is built around ARIES, an AI governance engine purpose built for regulatory compliance, risk assessment, and AI auditability in regulated environments. In a category full of black box AI, ARIES is one of the only solutions that validates its own outputs: 80%+ precision and recall on document analysis, full reasoning traces, and source linked results your team can verify before acting.

[Visit website](https://www.g2.com/external_clickthroughs/record?secure%5Bad_program%5D=ppc&secure%5Bad_slot%5D=category_product_list_llm&secure%5Bcategory_id%5D=1441&secure%5Bchosen_at%5D=2026-08-04T00%3A54%3A48Z&secure%5Bdisplayable_resource_id%5D=1441&secure%5Bdisplayable_resource_type%5D=Category&secure%5Bmedium%5D=sponsored&secure%5Bplacement_reason%5D=page_category&secure%5Bplacement_resource_ids%5D%5B%5D=1441&secure%5Bprioritized%5D=false&secure%5Bproduct_id%5D=1858704&secure%5Bresource_id%5D=1441&secure%5Bresource_type%5D=Category&secure%5Bsource_type%5D=category_page&secure%5Bsource_url%5D=https%3A%2F%2Fwww.g2.com%2Fcategories%2Fthird-party-supplier-risk-management%3Fpage%3D12&secure%5Btoken%5D=81fb158393cd872687e51f48b28785386b72fca263a220fb0edfbf0ef2dd6260&secure%5Burl%5D=https%3A%2F%2Fgrc.mitratech.com%2Fglobal-grc-software%3Futm_source%3DG2%26utm_medium%3Dadvertising%26utm_campaign%3DG2-paid-ad%26utm_content%3DG2-paid-ad&secure%5Burl_type%5D=custom_url)

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[Browse Third Party & Supplier Risk Management Themes](/categories/third-party-supplier-risk-management/themes)

 ![Lauren Worth](/assets/transparent-ad5be28fbcd25b7b08d2cebe1d957125437fb5407d75ee717965ad22c8808791.gif "Lauren Worth")
LW

Researched and written by [Lauren Worth](https://research.g2.com/insights/author/lauren-worth)

Updated April 9, 2025

Third-party and supplier risk management software gathers and manages vendor risk data to protect companies from issues across various risks. These risks may include financial, legal, strategic, reputational, ethical, information security, operational, cybersecurity, environmental, and geopolitical risks.

This type of software assesses, monitors, and mitigates risks that could negatively impact company-supplier relationships. Compliance and risk officers typically use third-party and supplier risk management software. Additionally, companies benefit from this software by minimizing risks from unreliable suppliers.

It also helps reduce the chances of reputational damage associated with high-risk vendors, lessens the likelihood of business disruptions, and lowers the potential for negative financial consequences. Third-party and supplier risk management software is usually implemented as part of a broader governance, risk, and compliance initiative.

A third-party and supplier risk management tool is different from [vendor security and privacy assessment software](https://www.g2.com/categories/vendor-security-and-privacy-assessment), as the latter focuses specifically on cybersecurity and privacy third-party risks but does not address other risk domains, such as financial or environmental risks.

Third-party and supplier risk management also differs from [contractor risk management](https://www.g2.com/categories/contractor-risk-management), which assesses the unique risks associated with hiring an individual or organization to complete a specific project rather than a vendor engaged in providing goods or services as part of their normal business operations. It also stands apart from various types of [supplier or supply chain management software](https://www.g2.com/categories/supply-chain-management) because those typically don’t have robust vendor risk analysis capabilities.

To qualify for inclusion in the Third Party and Supplier Risk Management category, a product must:

- Include standard workflows and templates to assess and evaluate a wide range of third-party risks, including financial, legal, strategic, reputational, ethical, information security, operational, cybersecurity, environmental, and geopolitical risks
- Include standard reports on third-party risk exposure
- Remediate third-party risks in alignment with internal policies
- Monitor ongoing vendor performance and any third-party risk changes

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