TPRM

by

All of your vendors in one dashboard

TPRM & Automated Vendor Risk Assessments

TPRM by ThirdPartyTrust is a third party risk management tool for process automation, document storage, and workflow management.

The tool will help you manage your end-to-end process, reducing the time spent on requesting and reviewing security documents.

The current way:

❌ Reviews and requests scattered amongst teams and platforms
❌ Data saved across spreadsheets, emails, and hand-written forms
❌ Manual, slow exchanges across weeks, if not months
❌ Reliance on incomplete or outdated data to make decisions

The TPRM way:

✅ A single source of truth, shareable across teams and orgs
✅ All data captured and analyzed in one dashboard
✅ Automated, accelerated response and close to sales times
✅ Real time updates and continuous monitoring of supply chain

Improve your supply chain security
in three easy steps

STEP 1

BUILD

Build your third-party inventory by inviting your vendors to the platform and connecting with them.

STEP 2

REVIEW

Review their uploaded documents, such as insurances, external audits or assessments, certifications, and questionnaires, all in one place.

STEP 3

ANALYZE

Analyze your evidence in a single dashboard to get the full picture of your vendors’ security posture.

Leverage the top industry questionnaires to assess third party risk — Free of charge!

TPRM Assessment | Vendor Risk Management Workflow | Automated Vendor Risk Assessment

Manage your end to end security assessment process

A purpose-built TPRM tool will get your program out of email & spreadsheets quick and easy.

Vendor Onboarding

Reduce the time and cost to connect with your vendors, setting custom tags and tiers, and leveraging our workflow integrations.

Vendor Assessment

Perform your vendor risk assessments faster defining your own risk score criteria, while leveraging scores from 10+ data providers.

Vendor Monitoring

Monitor vendor risk and performance over time with continuous monitoring, personalized alerts, and triggers.

TPRM Features

Access and User Management

Simplify security and increase collaboration across vendors and teams

Control everything in one place

Monitor progress in a single dashboard as your team enjoys increased productivity and efficiency

You maintain confident visibility across the supply chain, overseeing and preventing access and user management gaps

Simplify with single sign-on (SSO) integration

Centralize your user database into a single service via SSO, controlling authorization to all accounts and applications

Manage your team’s permissions and privileges through personalized access based on job titles, departments, and roles

Collaborate securely with vendors

Third party vendors manage their own users and privileges in the vendor risk management process only when you grant access

Vendors complete your assessment requirements with an easy, self-service approach that increases efficiency on both ends

Third parties receive their own free vendor accounts to self-manage after connecting with your organization

Customizable Third Party Vendor Assessments

Personalize your assessments for your unique security needs

One solution does not fit all

Craft different questions to different businesses in order to identify their unique risks to your company

Scale and send your custom assessments to hundreds of third parties easily, track responses, and control your level of risk

Personalize your assessments

Develop your own system of labels, rules, and filters to manage the overall approval process

Prioritize which third parties need attention sooner rather than later by drilling down into your vendor data

Create your own requirement rules around regulation, risk tiers, and scores

Collect the right data to make informed decisions

Request only the information you need, like Cyber Liability/Data Privacy (e.g. GDPR), Errors and Omissions, or Certifications such as HIPAA, ISO 27001, and PCI DSS

Leverage pre-approved custom or industry standard questionnaires like SIG Lite, CAIQ, or NIST

Include attestations such as penetration testing, application scans, and general security audits

Data and System Integration

Work seamlessly across your most-trusted tools

Integrate easily with trusted data

Ensure that your data, your third party vendor’s data, and your assessment-related data all communicate seamlessly in one place

Leverage data from our trusted partners like BitSight and RiskRecon to perform continuous monitoring and up to date risk assessments

Integrate seamlessly across your system

Allow data to flow smoothly between programs and teams within your organization via our fully accessible APIs

Share data across multiple systems to uncover trends and opportunities via tools tools like ServiceNow and RSA Archer (for GRC), JIRA (ticketing), and Power BI and Qlick (business intelligence reporting)

Advanced Vendor Assessment Scoring

Gain confidence in your security assessments

Establish consistent scoring that is easy to understand

Achieve consistent and easy to understand risk scoring to improve decision making, enhance visibility, and demonstrate the value of your security program

Assess and prioritize risk, and easily manage hundreds of third-party assessments, with customizable performance metrics that are robust, holistic, and transferable

A Formula for Understanding Risk

Score the potential impact a third party may have on your business using pre-built or customized metrics

Leverage a holistic assessment through Trust Scores (security attributes best in a security posture, Impact Scores (how your organization interacts with a vendor), and overall Risk Score

Assess other metrics such as ease of replacement, criticality of service, number of records, and contract size

Audit Trail and History

Feel confident in knowing that everything is in one place

Gain insights from your audit trail

Track accountability, reconstruct previous events, detect intrusions, and perform problem analysis

Detect security violations, performance problems, and flaws in the assessments process

Maintain your audits in one place and make strategic decisions based on a deeper understanding of the risk trends of your vendor ecosystem

Access system history easily

Maintain a record of user and system activity, including responses to security questions and conversations around findings

Leverage system integrations to easily integrate historical data with your internal tracking and control tools

Benefit from the all-in-one dashboard to track active, non-active, and total third party vendors over time and at a glance

Simplified Issue Tracking

Track every aspect of assessment in one place

Manage your vendor ecosystem in one risk dashboard

See every risk, assessment, and third party vendor in a single dashboard

Employ a cross-functional, cooperative workflow for issue management that allows you to convert identified gaps and issues into action items for easily documenting, tracking, and reporting on issues

Work collaboratively online with your team and third party vendors, and track their progress

Analyze your vendors and identify gaps

Document your assessment gaps on the tool, build actionable tasks and establish an ongoing conversation with your vendors to understand these differences

Create shareable findings on assurances, questionnaires, scans, and breaches to share with your team and stakeholders

Manage your findings to make data-driven decisions

Review findings on specific vendors and track remediation dates and actions taken by your third party vendors

Eliminate back-and-forth emails and calls by discussing resolutions with vendors directly in the platform

Accelerate completion times by having everything in one place, and gaining end-to-end confidence in your supply chain