Best Third-Party Risk Management Software for Freelancers

Each organization structure is unique and requires a customized approach to address concerns regarding international standards. This is often a time-consuming process. ISMS Solutions has developed Conformance Works, a proprietary platform that guides customers through an automated process to help them comply with any ISO standard. Conformance Works simplifies and personalizes each organization's standard certification process. A built-in document management system, global editor, compliance management system and risk assessment module make company documentation easy and efficient. Software will be available via multiple digital means. This allows for faster implementation of ISO standards to certification. It simplifies the process of meeting or exceeding ISO standards.

Data driven risk decisions and predictions can be made with customers and business transactions. Get real time risk visibility. You can achieve compliance with regulations and policies. Increase digital sales and improve customer experience. Monitor core business processes in real-time to maximize operational performance. Protect your reputation and employee efficiency. Use a world-class risk management engine that is best practice to prevent business disruptions. Top-down and bottom-up risk management allows for robust review and challenge of analytics to support decision making. A comprehensive audit trail provides assurance to board members and regulators that coherent risk management practices are being followed. Intelligent platform that delivers award-winning, connected, more precise risk management and intelligence to business, risk, and compliance teams to manage, benchmark, reduce costs, protect revenues, and increase resilience to business risks.

Counself Risk™, designed for legal, makes onboarding simple and ensures that due diligence is done correctly. Counself has a library of best-practice forms, questionnaires and documents for the legal industry. This will make it easier to streamline your compliance gathering and monitoring. Counself RFP™, which compares AFAs, helps increase price predictability and optimize costs for your legal department. You can host sealed bidding events, conduct conflict checks, attach custom forms, and documents to request information to as many firms as you wish, securely and separately. Because we know how important your data is, we place data security at the heart of everything we do.

Management and regulators need third-party assessments that are objective and not based on assumptions or opinions. VivoSecuiry helps our customers satisfy regulators by assessing the true 3rd party risk. This is the probability that a vendor will have a data compromise. We do this without the need for questionnaires, maturity scores, or SOC2 reports. The sheer number of vendors increases the risk of third parties. VivoSecurity calculates this risk twice a year with an aggregate forecast. We assist senior management in setting risk appetite goals and providing a forecast of data breaches frequency. We assist cybersecurity teams in identifying the vendors that are most at risk. Then, we quantify the value of mitigation. We provide regulators with a documented and accurate process for vendor assessment that uses an empirical and transparent regression model to determine the probability of data breaches.

Ensure that you adhere to your internal policies. Reduce regulatory and reputational risk and work faster with clients. This applies to all new customers and suppliers. Identify the company or person that you wish to audit. Access to compliance-related information, such as media sources, sanction lists and PEP lists, becomes available. Add your notes - eg surveillance reminders and categorization. Each run is recorded and traceable to all employees involved. These runs can be followed up on a regular basis to automate and secure the department's processes. You can search the data and make your own notes. For compliance purposes, keep a record of the search that is dated and timestamped. You will be able to make faster compliance decisions if you are able to get to know your customers.

Red Oak Software, formerly AdMaster Compliance™, offers a comprehensive suite SEC 17A-4-compliant features that are tailored to meet the evolving needs and requirements of small and large financial firms. Our workflow software will help your firm reduce risk, reduce costs, increase efficiency, and minimize risk in compliance review. It is difficult and requires specialized knowledge to build and execute a successful compliance program. Our cloud-based, secure technology was developed over years of collaboration between technology architects and compliance professionals. It is designed to manage the entire compliance review process, from start to finish. Compliance is not a static process. Red Oak Software was designed to meet the changing needs of financial institutions, large and small. You can work seamlessly with the internal departments of your firm and any external entities that you need to comply.

Rubix can be used to assess the risk of your counterpart throughout your business relationship. Rubix helps you manage credit risk, build a supply chain and ensure compliance for your business partners around the globe. It is crucial to conduct an on-boarding risk assessment for any new distributor, dealer or customer. If you are a Bank/ Fintech/ NBFC, it is important to conduct an Identity Check (KYC/ AML and Compliance) prior to loan origination. Then, an independent credit risk assessment should be performed at the loan decisioning stage. In today's volatile business environment and interconnected world, a firm's risk profile can change rapidly. Rubix will allow you to monitor your portfolio and track any changes in the firm’s risk profile.

ISG GovernX®, the first third-party management platform, allows you to proactively optimize your supplier relationships, reduce risks, and manage the contract cycle with speed and agility. Take control of your third party environment, increase supplier performance, and decrease spend. Leverage ISG’s insights and knowledge derived from more than $460 million worth of enterprise client-supplier transactions. Automate the entire process of third-party risk management. Reduce your operational, reputational, and financial risk exposure by automating third-party risk management. Automating your workflow, integration and on-going notifications will make it easier to manage onboarding, assessments, remediations, performance monitoring, and reviews. Keep track of and monitor your third-party portfolio. In one dashboard, manage and orchestrate your complex third-party relationships.

Multi-tier supply network risk analytics can help you reduce sourcing and supplier risk and ensure materials flow to protect production, revenue, and reputation. A connected, predictive, dynamic view of sourcing, procurement and logistics risks will help you manage enterprise supply chain risk and ensure business continuity. Predictive analytics in transportation planning and in transit can help you improve on time and in full-service, making volatility and risk a competitive advantage. Everstream is trusted by customers to provide business continuity, reduce risks, and turn potential disruptions in to a competitive advantage. Subscribers have access to our in-depth reports and trends on supply chain risk and can receive weekly briefings and alerts about events affecting global supply chains. Prioritize, predict, and mitigate risks before they affect assets and revenue. To save time and money, you must quickly and efficiently respond to disruptive events.

SupplierBase helps you create a consistent supplier experience within your organization by providing a consolidated view of all your supplier relationships. SupplierBase is constantly improving and adding new functionality to make it a leading supplier management platform. SupplierBase's modular design allows it to adapt to your organization, goals, and objectives. It also provides a centralised hub for supply control that can be integrated into your existing technology infrastructure. By automating the less important activities, you can focus on maximizing your relationships with key suppliers and driving additional value. You can manage suppliers through a single shared interface that allows your stakeholders, suppliers, and team to easily connect, share information, as well as manage activities.

Supply Chain Catalyst provides a 360-degree view on suppliers, including financial, sustainability and operational risk factors. This helps the user to identify vulnerabilities and predict potential disruptions in the supply chain. It assists organizations with complex supply chains and distribution channels to make better decisions about onboarding and monitoring suppliers and to reduce risk in their supply chain. Supply Chain Catalyst is powered by the award-winning Orbis database. It allows organizations to focus on specific risk factors like financial deterioration and reputational risks as well as exposure to major climate events. It allows firms to combine their supplier knowledge with extensive company information, robust risks metrics, and extensive analytical tools.

Enhance your ability to monitor and create a culture of respect where your team can thrive. The most resilient companies cultivate an ethical values-based environment where everyone is empowered to speak out, share their perspective, ask challenging questions and raise concerns that are in conflict with the organization's values without fear of retaliation. EQS Compliance CoCKPIT promotes a safe and open environment for employees. It maximizes insights into a company's health, so that leaders can take action on areas of risk. A cloud-based, coordinated program that is designed to increase trust and put ethics at the heart of your business will strengthen your ethics and compliance program. Proactively address emerging risks with a global helpline that offers multiple intake channels, integrated management of cases, and whistleblower protection.

Scale up your risk and security functions to be able to operate with confidence. Global threats continue to evolve, posing new and unexpected risks for people and organizations. OneTrust Tech Risk and Compliance helps your organization and supply chains to be resilient in the face continuous cyber threats and global crises. Manage increasingly complex regulations, compliance requirements, and security frameworks with a unified platform that prioritizes and manages risk. Manage first- or third party risk using your chosen method. Centralize policy creation with embedded collaboration and business intelligence capabilities. Automate evidence gathering and manage GRC tasks within the business.

Scrut allows you to automate risk assessment and monitoring. You can also create your own unique infosec program that puts your customers' needs first. Scrut lets you manage multiple compliance audits and demonstrate trust in your customers from a single interface. Scrut allows you to discover cyber assets, create your infosec program, monitor your controls 24/7 for compliance, and manage multiple audits at the same time. Monitor risks in your infrastructure and applications landscape in real-time, and stay compliant using 20+ compliance frameworks. Automated workflows and seamless sharing of artifacts allow you to collaborate with team members, auditors and pen-testers. Create, assign and monitor tasks for daily compliance management with automated alerts. Make continuous security compliance easy with the help of more than 70 integrations. Scrut's dashboards are intuitive and provide quick overviews.

VISO TRUST’s AI-powered platform for third-party risks allows your security team to easily access risk intelligence on any number of third-parties. Instantly assess your third-party partners without hiring additional analysts. Take action to reduce risks without reading documents or analyzing surveys. Utilize data from thousands vendors to gain unparalleled intelligence on risk. VISO TRUST, the only SaaS-based third-party cyber risk platform that provides the rapid security intelligence required by modern companies to make critical decisions early in procurement, is the only SaaS-based third party cyber risk management platform. Due diligence is simplified by frictionless due diligence, which allows companies to assess third parties without any hassle. Use curated AI to extract insights and automatically determine vendor's security posture. Get a comprehensive view of your organization's cyber-risk posture and take data-driven decision to reduce risk.

Analyze SBOMs of vendors and contractors, perform pre-purchase due dilligence and verify compliance with cybersecurity terms and condition. Create SBOMs for clients, improve risk protection, and provide third-party certifications of supply chain assurance. Apply enterprise policies across internal development, software development outsourced and commercial products. Automated verification of compliance with SLAs. The Ion Channel platform simplifies supply chain risk management. Ion Channel enriches the software inventories, Manifests, and SBOMs of software with supply chain intelligence, proprietary analytics, and clear actions to support low-false positives, clear action, and unparalleled insights.

Supplier (third-party relationships) are becoming a major concern, whether it's about cyber, sustainability, compliance or continuity risks. Third-party incidents are becoming more frequent and have a greater impact. Our platform acts as a secure and all-in-one hub that facilitates multidisciplinary collaboration between all internal risk disciplines, the business teams, and external partners. It allows for the secure and seamless sharing of documents and questions, as well as a collaborative workspace to work on shared requirements. Internal teams can decide what information to share with external parties and other teams while working on the same platform. Our third-party catalogue connects seamlessly with internal procurement systems and external feeds to create a centralized view of your entire third party landscape. This comprehensive view contains all the information you need about contracts and their specific characteristics.

Predictive and actionable insights about your attack surface and third parties. Subscribe to Orpheus and increase security while increasing efficiency. Let us tell who is likely going to attack you, what they are going do, and the vulnerabilities they will exploit. This will allow you to spend your money on the most immediate security measures that are needed to stop cyber risks before they occur. Our threat intelligence solutions use cutting-edge machine learning technology to minimize your and your third-party supplier's exposure to breaches. Our powerful platform allows you to monitor and minimize cyber risks for both your company and those with whom you work. Orpheus, a leading cybersecurity firm, offers clients predictive and actionable intelligence, enabling them anticipate, prepare for and respond to cyber-threats.

Relyance AI protects your business against fines and reputational damage, while enhancing customer confidence to drive growth. We provide unparalleled visibility into enterprise-wide processing of data and align it continuously with global privacy regulations and compliance frameworks as well as your contractual obligations.

Your GRC program should reflect the business. Compyl's platform puts you in control by helping your organization to scale and mature its GRC in a way that works best for your organization. A flexible, unified GRC platform that helps you reduce risk, remain compliant, and grow. Compliance teams are overworked and struggling to keep up. Automate manual processes that are time-consuming and prone to error, so your team can focus on more important tasks. Compliance is not enough to reduce risk in an organization. You need to have a clear understanding of your risk profile in order to take proactive actions and demonstrate risk reduction. Silos between functional and application areas can create blind spots and risk gaps. You need to have a single, consolidated risk view in order to communicate the impact of risk and make better decisions. Consolidate all risk and compliance activities into a single platform.

Halo Ai can help you reduce costs, improve quality, and grow your business. It's like a full-body scanner for your vendors. We integrate millions of datapoints from countless sources, covering 430M companies worldwide. We eliminate the need to complete lengthy questionnaires and deliver compliance control assessment in minutes. Our AI models are trained to correlate, contextualize, and connect 1,000s of datapoints in order to give you the complete risk story. We provide a 360-degree view of your vendors so that you can be more informed and aware of the areas of concern. We identify vendors who are highly vulnerable to attack and take specific measures to mitigate risk. You can see real-time updates automatically, so you have a comprehensive risk picture at hand. Automated processes can help you focus your best resources on the most important areas. Reduce risks and increase growth for your business.

Compliance is more than just avoiding fines and business. It's about improving your operational performance. Good Governance, Risk & Compliance (GRC), outperforms customers' expectations and the market. It is not possible to do it in spreadsheets. Organisations continue to manage large numbers of GRC processes manually, which can lead to inefficiency and lack of visibility. FirmGuard's tech-enabled GRC solution offers a quicker, more accurate, and cheaper way to achieve compliance. Best practice templates are easy to use and provide complete visibility into your GRC landscape from a single window. FirmGuard provides central access to risk management, third-party risk management (TPRM), and compliance applications using award-winning technology. Non-compliance issues are increasingly coming from outside your business. It is crucial to manage third party risk. It can also tax resources.

With a single platform, you can achieve trust, transparency and safety. Orbit Intelligence is a leading solution that combines Orbit Diligence with Orbit Security to automate and digitise risk management. Orbit Intelligence captures the risk landscape using insights from across your platform. It centralises data, news, and risk analysis on your portfolio of monitored companies. Automate the due diligence questionnaires and requests for information processes to suit a variety of use cases. Access a library that includes pre-built questionnaires and risk frameworks to free up resources. Orbit Security Rates are a powerful, automated way to monitor the cyber security postures of your organisation and third parties that it relies on. Data-driven analytics will help you enhance the security of the ecosystem.

Aravo's flexible, automated workflow automation and AI decision-making support can help you harness the power of Aravo. Our award-winning Saas platform will allow you to be agile in a changing regulatory and business environment. We have the right solution for you, whatever your program size, budget, and maturity. Our unparalleled experience in delivering third-party risk management programs that have been successful for some of the most respected brands in the world is your advantage. No other provider offers the same coverage as us, including third-party management, supplier risk and performance, and IT vendor risk management.

Source Intelligence represents the combined strengths and capabilities of five companies, Source Intelligence, QTEC Solutions, Total Parts Plus, Compliance Map, and ChainPoint. The company delivers the industry's broadest scope of solutions for Product Compliance, Responsible Sourcing, Sustainability, Supply Chain Visibility, and Obsolescence Management. Used by a wide variety of complex manufacturing industries, as well as retail and consumer goods, Source Intelligence streamlines compliance due diligence efforts through supplier engagement, data collection, data validation, and simplified reporting and compliance document generation. Depending on a client's resources, Source Intelligence offers a spectrum of solutions from self-managed software to fully-outsourced compliance and ESG management. The following is a sampling of supported regulations and capabilities for each business unit. Product Compliance: REACH, RoHS, Proposition 65, TSCA, SCIP, PFAS, EU-MDR, POPs Responsible Sourcing: Conflict Minerals, Human Rights Sustainability: Extended Producer Responsibility (EPR), Lifecycle Assessments (LCA) Supply Chain Visibility: Mapping, Traceability