Vendor Risk Assessment: Identify & Track Vendor Risk
Vendors are one of the leading sources of enterprise risk: do you know how your third-party partners, suppliers, and vendors are handling your data? ComplyScore’s third-party assessment solution is an automated platform that efficiently identifies, tracks, and evaluates your vendors to ensure you have visibility into potential security risks.
Benefits
Scale your program by leveraging ComplyScore's TPRM process expertise.
Reduce administrative overhead and focus on your mission-critical goals.
Reduce overall TPRM costs while limiting exposure to vendor risk.
Managed Service Highlights
End To End Services
Our third-party assessments remove the resource burden and operational responsibility from your team. You provide the vendor list and ComplyScore manages everything: questionnaire distribution, collection, clarifications, submissions, documentation, and certificate reviews, with a closeout report and vendor consent verification at the end.
Maximum Vendor Coverage
Operate your TPRM program at scale and with optimal value. Assess, manage, and monitor a high volume of medium risk tier 2 and low risk tier 3 vendors, with lower costs and reduced administrative requirement.
Flexible Questionnaire
Use your own questionnaires, or select them from ComplyScore’s vast library of vendor questionnaires. Any questionnaire can be fully customized to precisely match your needs.
Targeted Questionnaires
Send questionnaires that are targeted to the specific services being performed. Assess corporate level security controls and culture, location specific controls, application level controls, and more.
Extend Your Capabilities
Manage risk better and more reliably, using targeted questionnaires to assess AWS or Azure best practices. Reduce process time and effort, while improving visibility into your risk environment.
Comprehensive Scope and Precisely Customized Coverage According to Your Relevant Industry Standards and Regulations
- NIST or SIG questionnaires, proprietary questionnaires from our library, customized questionnaires
- Targeted CFPB compliance assessments
- HIPAA CMS-FDR and quality assessment
- PCI compliance assessment
- Document and certificate verification, e.g. SSAE16, insurance, etc.
Quick Results
ComplyScore reduces third-party risk assessment delays. Your vendors can upload SIG questionnaires or SOC2 reports and we accurately map them back to the questionnaire. We send out the gap questionnaires only: this eliminates redundancy and improves turnaround times.
