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Description
ProcessUnity Vendor Risk Management is a software-as-a-service (SaaS) application that helps companies identify and remediate risks posed by third-party service providers. ProcessUnity VRM combines a powerful vendor services catalog, dynamic reporting, and risk process automation to streamline third-party risk activities. It also captures key supporting documentation to ensure compliance and meet regulatory requirements. ProcessUnity VRM offers powerful capabilities that automate repetitive tasks, allowing risk managers to concentrate on more valuable mitigation strategies.
Description
For six years, we have committed ourselves to developing an exceptional algorithm for assessing vendor risk. This algorithm has undergone extensive refinement and incorporates state-of-the-art AI technologies, which guarantees unmatched precision and operational efficiency. Vendors are required to submit documentation and respond to 32 clear-cut questions that address various elements of their operations, compliance, and security protocols. Thanks to our intuitive interface, 95% of vendors manage to finish the assessment in less than 30 minutes, thereby minimizing any disruption to their daily activities. Our algorithm conducts a thorough evaluation of the evidence and answers provided by vendors, using AI to pinpoint risks, vulnerabilities, and compliance challenges. Businesses receive a detailed report that includes actionable insights and recommendations, empowering them to make well-informed decisions and adopt a proactive approach to risk management. This holistic approach not only enhances security but also fosters stronger partnerships between businesses and their vendors.
API Access
Has API
API Access
Has API
Integrations
Global Risk Exchange
RiskAssessmentAI
RiskRecon
Unframe
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
ProcessUnity
Founded
2003
Country
United States
Website
www.processunity.com
Vendor Details
Company Name
Proof&Believe LLC
Founded
2024
Country
United States
Website
proofandtrust.com
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