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Average Ratings 0 Ratings
Description
OneTrust's Third-Party Management solution revolutionizes the management of your third-party lifecycle through data-driven automation, moving away from a questionnaire-first methodology to a risk-oriented framework by integrating data that enhances the security and efficiency of your third-party ecosystem. This innovative approach automates previously manual processes and customizes assessments to meet the specific requirements of each third-party relationship, thereby significantly boosting the efficiency of evaluations. Users typically see an impressive average reduction of over 70% in both time and costs related to conducting third-party risk assessments, which helps streamline the onboarding process. The platform utilizes top-tier data sources to perpetually monitor the risk profiles of third parties and automatically addresses emerging risks as they arise. By synchronizing workstreams and uniting teams around shared workflows, data objects, inventories, and objectives, it fosters greater consistency and efficiency. Furthermore, the solution enhances internal capabilities by automating essential processes and facilitating centralized oversight of third-party inventories, ensuring a more robust and responsive risk management framework. Ultimately, this level of integration not only strengthens risk management but also supports strategic decision-making across the organization.
Description
Clients have all the tools they need to run a thorough, cyber-security-led, third party risk management program against their entire supply chain. It is fast, easy, free, and simple for third parties to get involved and help them improve their risk management maturity.
Our unique secure network model allows each organisation to run a third party risk management program and respond to client risks assessments. This creates trust relationships among the organisations on the platform.
Organisations that run a third-party program for risk management on the Risk Ledger platform can benefit from:
- Continuous monitoring of the supply chain for implementation of risk controls
Visibility beyond third-parties to fourth-, fifth-, and sixth parties
- Reduced procurement cycles by up to 80%
- Increased supplier engagement
Low per-supplier costs
API Access
Has API
API Access
Has API
Integrations
BitSight
Bureau van Dijk Review
D&B Connect
Databricks
Dow Jones Risk & Compliance
Google Drive
Jira
LexisNexis Risk Solutions
Microsoft 365
Microsoft Exchange
Integrations
BitSight
Bureau van Dijk Review
D&B Connect
Databricks
Dow Jones Risk & Compliance
Google Drive
Jira
LexisNexis Risk Solutions
Microsoft 365
Microsoft Exchange
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
OneTrust
Founded
2016
Country
United States
Website
www.onetrust.com/solutions/third-party-management/
Vendor Details
Company Name
Risk Ledger
Founded
2017
Country
United Kingdom
Website
riskledger.com
Product Features
Product Features
Risk Management
Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment