OneTrust Third-Party Management 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.

Integrations

API:
Yes, OneTrust Third-Party Management has an API

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Company Details

Company:
OneTrust
Year Founded:
2016
Headquarters:
United States
Website:
www.onetrust.com/solutions/third-party-management/

Media

OneTrust Third-Party Management Screenshot 1
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Product Details

Platforms
Web-Based
Types of Training
Training Docs
Live Training (Online)
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Customer Support
Business Hours
Online Support

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