Prosikon Vendor Due Diligence

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Prosikon Vendor Due Diligence is a vendor management platform that simplifies third-party cybersecurity assessments and compliance monitoring. It tracks security metrics like posture assessments and review timelines while maintaining auditable records of vendor responses and contact details. Risk matrices evaluate vendor security and involvement, aiding decision-makers in assessing third-party risks. The platform enables side-by-side vendor comparisons to identify alternatives and reduce single points of failure. Vendor invitations can be sent directly, linking products to specific use cases. Automated alerts improve time management by notifying users of pending reviews. Reporting tools include automated monthly reports and on-demand PDF exports for compliance documentation. Multiple approving authorities can be assigned, adding control layers to vendor onboarding. The platform supports regulatory requirements for vendor due diligence across various compliance frameworks.