# 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**

### Protecht

Overview: Protecht ERM is a comprehensive enterprise risk management platform that helps organizations identify, assess, monitor, and respond to risks that could impact strategic objectives and performance. It provides a single, integrated system to manage risk across the enterprise, enabling better decision-making and stronger organizational resilience. Designed to scale with organizational complexity, Protecht ERM supports both day-to-day risk management and board-level oversight, helping teams move from fragmented risk processes to a connected, enterprise-wide view of risk. Who it’s for: Protecht ERM is used by organizations across regulated and non-regulated industries, including financial services, government, education, and critical infrastructure. It is well suited to: - Risk and compliance teams managing complex risk environments - Executives and boards requiring clear, reliable risk insight - Organizations with regulatory, operational resilience, or third-party risk obligations - Businesses seeking to replace spreadsheets or disconnected point solutions The platform supports organizations of all sizes, from growing teams to large, multi-entity enterprises. Key features: Protecht ERM offers a robust set of capabilities to support proactive and structured risk management, including: - Dynamic risk assessments that adapt to changing business and risk conditions - Key risk indicators that provide early warning signals and ongoing risk monitoring - Incident and issue management to capture, analyze, and learn from events - Integrated risk domains including ERM, vendor risk, IT and cyber risk, operational resilience, and business continuity - Configurable workflows and reporting to align with organisational frameworks and governance models What sets Protecht ERM apart: Protecht ERM delivers a truly integrated approach to risk management, connecting multiple risk disciplines within a single platform. This eliminates silos, improves data consistency, and provides a clearer understanding of how risks interrelate across the organization. By combining strong configurability with enterprise-grade governance and reporting, Protecht ERM helps organizations embed risk awareness into everyday decision-making and elevate risk from a compliance activity to a strategic capability. Summary: Protecht ERM is a powerful, flexible platform for organizations looking to mature their enterprise risk management practices. By unifying risk data, strengthening oversight, and enabling proactive risk response, Protecht ERM helps organizations manage uncertainty with confidence while supporting sustainable growth and innovation.

[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=2026-08-04T13%3A34%3A30Z&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=42210&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%26selected_view%3Dgrid&secure%5Btoken%5D=ecb5e60e4ac988a2991ea8740758c8e3f5bcfb1dd33fae0ee92383d09b149fb2&secure%5Burl%5D=https%3A%2F%2Fwww.protechtgroup.com%2Fdemo%3Futm_medium%3Dreferral%26utm_campaign%3Dglobal_brd_bofu_profile_g2pilot_feb2026%26utm_source%3Dg2&secure%5Burl_type%5D=book_demo)

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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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