If you're looking for a tool to assess the trustworthiness of business partners and vendors, Panorays is a notable option for a third-party cyber risk management platform. It offers real-time Risk DNA ratings and continuous supply chain scanning and monitoring. Features include actionable threat alerts, vendor self-guiding plans and AI-driven risk assessments, making it a good option for improving your third-party risk management and cybersecurity.
Another good option is ProcessUnity, a single platform for third-party and cybersecurity risk management. It automates the entire risk lifecycle from onboarding to continuous monitoring with customizable workflows and a Universal Data Core for consolidating risk information. With customizable questionnaire templates, risk-based post-contract monitoring and integration with enterprise systems, it's a highly scalable and adaptable option for third-party risk management.
Prevalent also offers a mature third-party risk management platform using AI and automation. It offers a single pane of glass for risk assessment and monitoring, covering a range of use cases including IT vendor risk management and supplier risk management. The platform includes due diligence collection and analysis, contextual risk reporting and risk remediation, making it a good option for risk management teams in industries like finance and healthcare.
If you want an AI-infused approach, check out Whistic, which automates vendor assessments and streamlines the process through its Trust Center for security and compliance documentation. With AI integration for task automation and a Frictionless Security Exchange for easy security posture sharing, Whistic can help reduce the likelihood of breaches and smooth the sales process.