Manual third-party risk assessments are time-consuming, repetitive, and costly — putting strain on risk teams and delaying critical vendor engagements. But there’s a better way. ProcessUnity’s Global Risk Exchange is the world’s largest third-party risk database, providing access to over 18,000 completed third-party assessments. Independent research shows that organizations using the Exchange can streamline assessment […]
Deloitte’s 2025 Global Third-Party Risk Management Survey finds that while organizations recognize the potential of AI and GenAI to enhance agility, cost-effectiveness, and resilience in managing third-party risks, they are still in the early stages of adoption. But the business case to invest in AI certainly appears compelling.
When you use manual processes, third-party risk management (TPRM) can soak up valuable time and money—on both sides of the assessment equation. Where risk managers can get stuck spending hour after hour evaluating documentation, third parties can get bogged down responding to queries. Without the right technology, this leads to a more expensive process that […]
No matter what size your organization, you probably rely on third parties. If your organization is small (1-1K employees), you might use third parties to do things you couldn’t on your own. If you’re larger (10K+ employees), you likely use a third-party network to function at scale—and if you’re medium sized (1K-10K employees), you could […]
The questionnaire isn’t going away, but it’s no longer the best way to drive third-party risk decisions. Traditional due diligence relies too heavily on manual assessments, repetitive requests, and incomplete vendor responses. It’s slow and resource-intensive, leaving you to play a never-ending game of catch-up with your vendor portfolio. View this webinar to discover how […]
The modern organization relies on a larger, more integrated network of third parties and suppliers now compared to any point in history, a dependence that cuts both ways. On one hand, the vast third-party ecosystem that powers modern business allows companies to act nimbly, and do more with their current resources. At the same time, […]