Stay Out of Trouble in Your Third-Party Relationships
ComplyScore Risk Monitoring understands how critical it is for organizations to assess and effectively manage vendor risk. We make it easy to understand your security and compliance environment, 24/7 and in real-time.
- Vendor Risk Monitoring from ComplyScore allows you to track risk changes at the vendor level, so you have an understanding of their performance over time. Red flags are easy to target for immediate action, and unwelcome trends can be tackled before they become problems.
- When you have the information you need, you’re empowered to make better risk decisions. Risky vendors can be precisely targeted for remediation or termination. Now you have the confidence to operate knowing your organization and your customers are safer.
Benefits of Our TPRM Risk Monitoring Solution
ComplyScore’s automated, proactive, well-designed Risk Monitoring solution provides real-time insights into internal and external security at the third-party level. Robust information gathering, analysis, and reporting tools allow continuous assessment of vendor controls and rapid response. This is how you leverage your vendor relationships to improve how you do business.
Real-Time Data
Continuously screen vendors and vendor controls based on real-time risk, to support 24/7 vendor risk management capabilities.
Better Relationships
Develop business processes and implement best practices that reduce business friction and improve how you manage vendor relationships.
Faster Response
Reduce time required for issue identification, remediation activation, and response deployment.
Continuous Prioritization
Continuously prioritize vendors based on established and emerging risk, so you can make better risk decisions.
Resource Optimization
Adjust risk and security resource allocation to better meet operational goals with more effective monitoring of real-time risk data.
Support Continuous Improvement
Implement a TPRM risk assessment function that continuously improves your risk stance and security performance.
Full Transparency
Always-on risk monitoring allows total visibility into your risk environment, for a smoother and more efficient TPRM process.
Full Customization
Flexible configurations allow you to customize our Risk Monitoring solution to precisely meet your needs for performance.
Strengthen Your TPRM Program
ComplyScore’s Risk Monitoring solution fundamentally strengthens your overall vendor management program. It’s the ideal tool to get ahead of emerging issues before they transform into big problems that affect your ability to do business.
Contact the ComplyScore team today and let’s have a conversation about your TPRM needs and program goals. We can partner with you to evolve your program beyond a simple reactive process into a more mature, effective, and value-focused approach.
