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Average Ratings 0 Ratings

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features
design
support

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Write a Review

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

RiskRate by NAVEX is a third-party compliance and risk management solution. RiskRate allows users to monitor vendor diligence and reduce high risk. RiskRate, a part of the NAVEX One GRC platform allows users to perform third-party background checks. RiskRate provides users with a risk management system that includes centralized screening, onboarding, and third-party monitoring.

API Access

Has API Yes 

API Access

Has API Yes 

Screenshots View All

Screenshots View All

Integrations

AdaptiveGRC Yes 
Adobe Analytics Yes 
BitSight Yes 
Databricks Yes 
Dow Jones Risk & Compliance Yes 
Google Drive Yes 
Jira Yes 
Ketch Yes 
LexisNexis Risk Solutions Yes 
Malbek Yes 
Microsoft 365 Yes 
NAVEX One No 
OneTrust Data Use Governance Yes 
OneTrust Tech Risk and Compliance Yes 
SAP Cloud Platform Yes 
SQL Server Yes 
Salesforce Yes 
SecurityScorecard Yes 
Tableau Yes 
Valence Yes 

Integrations

AdaptiveGRC No 
Adobe Analytics No 
BitSight No 
Databricks No 
Dow Jones Risk & Compliance No 
Google Drive No 
Jira No 
Ketch No 
LexisNexis Risk Solutions No 
Malbek No 
Microsoft 365 No 
NAVEX One Yes 
OneTrust Data Use Governance No 
OneTrust Tech Risk and Compliance No 
SAP Cloud Platform No 
SQL Server No 
Salesforce No 
SecurityScorecard No 
Tableau No 
Valence No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

$5000.00/year
Free Trial Yes 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

OneTrust

Founded

2016

Country

United States

Website

www.onetrust.com/solutions/third-party-management/

Vendor Details

Company Name

NAVEX

Founded

2004

Country

United States

Website

www.navex.com/en-us/products/navex-ethics-compliance/riskrate-third-party-screening-monitoring/

Product Features

Product Features

Vendor Management

Audit Management Yes 
Contact Management Yes 
Customer Database Yes 
Self Service Portal Yes 
Supplier Master Data Yes 
Transaction History Yes 
Vendor Maintained Profiles Yes 
Vendor Managed Inventory No 
Vendor Performance Rating Yes 
Vendor Qualification Tracking Yes 

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