ProcessUnity TPRM Platform Features

Allows vendors to own and update their vendor page with security and compliance documentation to share with customers

Allows companies to assess vendors profiles in a centralized catalog

Offers standardized security and privacy framework questionnaire templates

Offers role based access controls to allow only permissioned users to utilize various parts of the software.

Offers built-in or automated vendor risk scoring

Offers tools to assess fourth parties -- your vendor's vendors

Monitors changes in risk and sends notifications, alerts, and reminders for specific actions including: upcoming assessments, profile access requests, etc

Uses AI to alert administrators to changes in risk scoring through continuous monitoring.

Users can assign scores to suppliers based on the estimated risk of doing business with them. 11 reviewers of ProcessUnity TPRM Platform have provided feedback on this feature.

Utilize artificial intelligence to analyze third party risks.

Review vendor contracts and profiles to ensure compliance with regulation and internal policies.

Manage and enforce internal policies related to vendor risk management and controls.

Provide workflows to mitigate risk and escalate issues proactively. 12 reviewers of ProcessUnity TPRM Platform have provided feedback on this feature.

Track vendor performance using supplier data such as a history of transactions and contracts. This feature was mentioned in 10 ProcessUnity TPRM Platform reviews.

As reported in 10 ProcessUnity TPRM Platform reviews. Send alerts and notifications when corrective actions are needed to address supplier risk.

As reported in 10 ProcessUnity TPRM Platform reviews. Perform ongoing due diligence activities to auto calculate overall risk for each vendor.

Include reporting templates for activities such as audits and vendor evaluation. This feature was mentioned in 10 ProcessUnity TPRM Platform reviews.

Consolidate data from multiple systems that manage supplier information.

Provide a 360 view of suppliers which can be shared with internal or external users.

Condenses long documents or text into a brief summary.

Automates basic tasks and workflows utilizing AI.

Can analyze patterns and trends in security data to predict potential compliance risks.

Can automate the creation of compliance documentation by quickly generating accurate and comprehensive reports.

Utilizes AI to summarize security questionnaires.

Support various methodologies and frameworks for operational risk management such as ISO 31000 and COSO.

Ability to classify risks based on risk type, severity, and custom criteria.

Identify various risk factors such as the inadequate use of technology, human factor, or external risks.

Support business continuity plans through integrations with business continuity software, incident response, or controls planning

Reduce risk of legal liability through regulations and standards compliance.