Best Third Party & Supplier Risk Management Software in 2025

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.

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.

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.

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.

OpenPages is an AI-powered, easy-to-use, and highly scalable GRC management solution that runs on any cloud and centralizes siloed risk management functions into a single environment. OpenPages lays emphasis upon ‘GRC is Everyone’s Business’ strategy by establishing a risk and compliance culture that promotes inclusiveness, consistency and transparency Easy-to-use, highly configurable and requires little/no training Saves time - Users are guided by an AI powered virtual assistant giving real-time answers to users. Improves data quality - AI suggested classifications help users reduce errors, mitigate risks and promote accuracy and efficiency in incident reporting and risk mitigation efforts. Reduces the knowledge gap - Users are guided by AI in the interface for areas like risk and compliance taxonomies.

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.

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.

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.

Ncontracts is a leading provider of SaaS-based risk management and compliance solutions for financial services companies. Our GRC solutions help more than 4,000 banks, credit unions, mortgage companies, fintechs, and trusts achieve their risk management and compliance goals with a powerful combination of user-friendly, cloud-based software and expert services.

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.

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.

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.

EcoVadis is a purpose-driven company whose mission is to provide the world's most trusted business sustainability ratings. Businesses of all sizes rely on EcoVadis’ expert intelligence and evidence-based ratings to monitor and improve the sustainability performance of their business and trading partners. Its actionable scorecards, benchmarks, carbon action tools, and insights guide an improvement journey for environmental, social and ethical practices across 200 industry categories and 175 countries. Industry leaders such as Johnson & Johnson, L’Oréal, Unilever, LVMH, Bridgestone, BASF and JPMorgan are among the 100,000 businesses that collaborate with EcoVadis to drive resilience, sustainable growth and positive impact worldwide.

Creditsafe is a comprehensive data intelligence solution designed to help organizations manage credit risk, compliance, and data hygiene with confidence. By delivering global coverage breadth across more than 430 million businesses in over 200 countries, Creditsafe provides the data freshness & source diversity companies need to make informed, data-driven decisions that fuel growth and operational efficiency. The platform is built around key business drivers that address modern credit and compliance challenges. With continuous monitoring & alerts, users are instantly notified of material changes impacting customers, suppliers, or prospects, ensuring proactive risk management. Creditsafe’s insolvency prediction strength and cross-border score consistency further enhance the accuracy of credit evaluations, allowing organizations to identify potential risks early and maintain financial stability. For businesses seeking speed and flexibility, Creditsafe offers instant vs. investigated delivery, enabling onboarding in under 60 seconds when needed, while still supporting deeper due diligence where required. Its powerful portfolio analytics & dashboards give decision-makers actionable insights at scale, while API integration depth ensures seamless connectivity to existing systems. Flexible pricing & access models make it suitable for both SMBs and large enterprises, with SMB-friendly access options designed to meet the needs of growing companies. Beyond credit risk, Creditsafe strengthens compliance processes with KYB/AML compliance bundling and corporate linkage & UBO insight, helping organizations meet regulatory obligations and uncover hidden ownership structures. In addition, collections and recovery support tools aid in maintaining healthy cash flow by optimizing recovery strategies. With its combination of advanced analytics, dedicated account managers, and scalable delivery models, Creditsafe empowers businesses of all sizes to navigate the complexities of credit management. By uniting trusted data, portfolio insights, and robust compliance tools under one platform, Creditsafe positions itself as a strategic partner for organizations seeking to enhance resilience, streamline processes, and unlock sustainable growth.

Venminder is a market leader in third-party risk management solutions. Venminder caters to the complex requirements of third-party risk management with robust solutions and expert guidance. The market-leading provider hones its solutions to address the evolving needs of risk management across various industries, servicing customers from startups to Fortune 100 organizations. Venminder's cutting-edge platform offers a centralized space for comprehensive third-party risk management. The third-party risk management software includes but is not limited to vendor onboarding and offboarding, document storage, contract and SLA tracking, questionnaire management, risk assessments, workflow creation, and comprehensive reporting. This versatility allows organizations to customize and streamline the risk management of suppliers, vendors, and third parties. Venmonitor™ is one of Venminder's standout risk intelligence solutions, designed to revolutionize third-party screening. It empowers customers to quickly screen potential or current third parties across multiple risk domains with less manual activities and without the need for direct involvement with the suppliers. With Venmonitor™, organizations gain deeper insight into crucial areas such as cybersecurity, business health, privacy, Know Your Vendor, and more. Thanks to daily refresh capabilities, users are equipped with continuous and up-to-date monitoring, ensuring that they remain ahead of any potential risks. Vendiligence™, another Venminder solution, is an outsourced service that performs on-demand control assessments on vendors, such as information security, data protection, cybersecurity, and financial health. Venminder's team of highly qualified experts includes CISSPs, CPAs, financial risk analysts, paralegals, and more. Available in an extensive online library, these risk-based assessments facilitate identifying and understanding potential risks and strengths related to vendors' information security posture, privacy standards, SOC reports, financial viability, business continuity/disaster recovery preparedness, contractual standards, and regulatory compliance. Venminder’s services also include vendor document collection, relieving customers of the cumbersome task of chasing paperwork. Additionally, their expert advisory services assist customers in aligning their third-party risk management policies and procedures with leading industry standards. Venminder is more than a solution provider; they are a knowledge hub for the industry. Venminder’s experienced professionals frequently contribute to industry conversations at conferences through educational content and hosting CPE credit-eligible webinars. Venminder also offers Third Party ThinkTank, the world’s largest online networking community dedicated to third-party risk professionals to share insights and best practices.