Third-Party Risk Management Software
Third-Party Risk Management
ProcessUnity for Third-Party Risk Management (TPRM) protects companies and their brands by reducing risk from third parties, vendors and suppliers. TPRM expands the scope of risk management to encompass any external party that could pose a risk to an organization, including vendors, contractors, partners and suppliers.
With a single, configurable platform, ProcessUnity helps organizations manage the increasing complexity of supply chains and third-party relationships with tools to identify and assess the risks associated with each external party, monitor third-party performance and ensure external control effectiveness. Our software platform empowers you to proactively manage third-party risks and protect your organization from potential cyber threats and business disruptions.
Automate the Third-Party Lifecycle
- Key Capabilities
Automate the vendor onboarding process, establishing a single, standardized, easily accessible and enterprise-wide process for introducing a service provider into your vendor database.Third-Party Onboarding
Implement a simplified, automated and efficient third-party risk vendor assessment process for your internal third-party risk analysts and your vendors, suppliers and fourth parties.Pre-Contract Due Diligence
Proactively screen vendors against a variety of risk domains, such as financial stability and security, to effectively manage third-party risks and avoid costly disruptions.Vendor Intelligence Suite
Establish an objective post-contract cadence to proactively monitor vendor activities and detect potential risks in real-time.Continuous Third-Party Monitoring
Maintain a common platform, accessible to all authorized parties, on which they compare vendor performance against established service level agreements (SLAs).Vendor Performance Management
Gain step-by-step control to document and record issues, assign responsibilities, track progress on actions and status, and produce reports for appropriate stakeholders.Issue Management
Easily add features and functionality without relying on service engagements. The ProcessUnity Platform is 100% configurable by the end user, meaning that you don't have to wait weeks for the changes you need to meet program demands.No-Code Configuration
Automate everything from assessment scoping to evidence collection with the click of a button. Hands-Free Automation runs critical workflows in the background, so that you can execute on impactful risk reduction.Hands-Free Automation
Seamlessly integrate with key enterprise systems or external content providers through a robust web services-based API.Enterprise Integration
ProcessUnity is a Leader in the 2024 Forrester Wave™ for Third-Party Risk Management Platforms
Third-Party Risk Management Report
ProcessUnity is a Leader in The Forrester Wave Third-Party Risk Management Platforms with the top score in the Current Offering category. Download a complimentary copy of the Wave to learn why.Read the Full Report
Automatically classify vendors based on the services provided and their level of data access during vendor onboarding.
Third-Party Due Diligence & Ongoing Monitoring
ProcessUnity Third-Party Due Diligence Software enforces objectivity within your pre-contract vendor due diligence process.
SLAs & Third-Party Performance Management
Third-Party Sourcing & RFP Management
Third-Party Contract Risk Management
ProcessUnity for TPRM easily shows issues via the Third-Party Risk Management Issues Summary Reports.
On-Site Third-Party Control Assessments
Request a Demo: Third-Party Risk Management
Hundreds of organizations worldwide rely on ProcessUnity to make Third-Party Risk Management more effective and efficient. Schedule your personalized demo of our award-winning software and start your journey to a more mature, automated vendor risk management program today!