Vendor Risk Management Software

Solution

Third-party risk management software is built tough and scaled to perfection with Isora GRC

Take your third-party vendor risk management from zero to hero with a myriad of automated features and a centralized third-party risk management platform that simplifies compliance workflows and scales with your organization.

Conduct vendor assessments at scale

Seamlessly distribute and collect all vendor security questionnaires

From start to finish, Isora GRC automates the assessment process and incorporates a centralized platform for smooth and accurate third-party data collection.

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Accelerate vendor assessments

Make questionnaire completion a breeze for third-party vendors

Enable collaboration on security questionnaires across all third-party vendors for more accurate responses and quicker completion rates.

Questionnaires & Surveys

Gain vendor risk visibility

Comprehensive vendor data at your fingertips

A centralized inventory with searchable vendor data enables you to manage your roster every step of the way. Linked assessment data gives you all the tools to prioritize high-risk vendors and gauge compliance.

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Assess vendor risk with consistency

Create accurate vendor risk reports that skip all the manual hassle

Wave tedious manual entry goodbye. Automated risk reports are real-time data points that help support TPSRM efforts and address security compliance across all vendors.

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What is vendor risk management software, and how does it support organizations?

Vendor risk management software is a centralized platform that helps organizations evaluate, monitor, and mitigate risks associated with third-party vendors. It streamlines the distribution and collection of vendor assessments, centralizes data tracking, and provides real-time insights into vendor compliance and security risks. This software ensures that organizations can prioritize high-risk vendors, maintain regulatory compliance, and build trust with stakeholders.

Isora GRC, the GRC Assessment Platform™, delivers comprehensive vendor risk management capabilities. It automates assessment processes with customizable templates, tracks vendor compliance in a searchable inventory, and generates actionable reports. By reducing manual workflows and enhancing visibility, Isora GRC empowers organizations to scale vendor risk management efforts and maintain a robust security posture.

How does a third-party risk management platform help organizations assess and mitigate vendor risks?

A third-party risk management platform helps organizations evaluate, monitor, and reduce security, compliance, and operational risks associated with external vendors. By automating risk assessments, centralizing vendor data, and providing real-time visibility into vendor security postures, these solutions enable organizations to prioritize third-party vendor risk management, enforce compliance, and make informed decisions.

Isora GRC, the GRC Assessment Platform™, delivers a third-party risk management solution that streamlines vendor assessments with automated workflows, a structured vendor inventory, and detailed risk reporting. With customizable assessment templates and intuitive dashboards, Isora GRC empowers teams to efficiently manage third-party risk management software processes, ensuring scalable and proactive vendor risk management.

What is the difference between TPRM and GRC?

Third-party risk management (TPRM) focuses specifically on identifying, monitoring, and mitigating risks posed by external vendors, suppliers, and service providers. It emphasizes vendor evaluations, compliance checks, and safeguarding an organization from risks introduced by third-party relationships.

Governance, Risk, and Compliance (GRC), on the other hand, is a broader framework that encompasses all aspects of organizational governance, risk management, and regulatory compliance. While TPRM is a component of GRC, GRC also includes internal risk management, policy enforcement, audit management, and enterprise-wide compliance strategies.

What is a third-party risk management program?

A third-party risk management (TPRM) program is a structured approach that organizations use to assess, monitor, and mitigate risks associated with external vendors, suppliers, or service providers. The program typically involves evaluating vendor information security practices, compliance with regulations, and potential vulnerabilities that could affect the organization. By implementing a TPRM program, businesses can ensure that third-party relationships are aligned with their risk tolerance and maintain regulatory compliance while safeguarding critical assets and data.

Vendor Risk Management Software

Streamline your entire third-party security risk management (TPSRM) workflow

Problem

Without vendor risk management software, oversight takes a big hit

Solution

Third-party risk management software is built tough and scaled to perfection with Isora GRC

Conduct vendor assessments at scale

Seamlessly distribute and collect all vendor security questionnaires

Accelerate vendor assessments

Make questionnaire completion a breeze for third-party vendors

Gain vendor risk visibility

Comprehensive vendor data at your fingertips

Assess vendor risk with consistency

Create accurate vendor risk reports that skip all the manual hassle

What is vendor risk management software, and how does it support organizations?

How does a third-party risk management platform help organizations assess and mitigate vendor risks?

What is the difference between TPRM and GRC?

What is a third-party risk management program?