Automate onboarding and assessment
Onboarding and assessing third parties is resource intensive, with growing business demands, new and emerging risks, and regulatory compliance demands outpacing the capacity of even the most mature risk teams. Our solution streamlines this process by centralizing and automating key steps of third-party onboarding and assessment workflows.
KEY CAPABILITIES
-Automate intake screening against risk rating and compliance databases
-Contextually tier and triage third parties to guide workflow priority and assessment depth
-Use AI to ingest external risk evidence and generate questionnaire response
-Fast-track “low-risk” third parties through auto-approval workflows
Surface and treat issues and risks
Third-party breaches and outages are increasing, and standard, periodic assessments can’t keep up. Our solution increases real-time visibility into evolving third-party issues and risks to support proactive remediation workflows.
KEY CAPABILITIES
-Assess third parties across multiple risk domains to evaluate security, privacy, ethics, compliance, and more
-Assign owners and track issues, risks, and tasks, across internal and external teams
-Streamline third-party communication and follow-up through integrated assessments
-Enable collaborative risk acceptance and clear accountability