Vendor Risk Manager

Reduce the time and cost associated with managing Vendor Risk Management programs while improving the ability to accurately calculate risk exposure and properly manage risks within acceptable tolerance levels.

Key Features

	Rate and classify vendors using simple classification assessment
	Dynamically assign applicable controls based on vendor classification
	Automatically generate assessment questionnaire based on applicable controls
	Enforce different assessment requirements and frequencies by vendor criticality
	Delegate administration of vendor survey responders to vendor key contacts
	Enable ad-hoc delegation of assessment questions and streamline aggregation of responses
	Reduce vendor training and support requirements with intuitive web based assessment interface
	Measure and report compliance by vendor criticality, by region, or by business unit
	Provide a single repository for all vendor compliance and risk related documents, including policy and control, evidence and supporting document, exceptions and approvals, contracts and service agreements
	Collaborate with vendors on remediation of identified gaps and monitor resolution status