Rsam ThirdPartyBond

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Description

Rsam ThirdPartyBond

End-to-end, automated, and continuous vendor risk management and reporting software.

Why choose ThirdPartyBond?

  1. Save time and money by automating the data collection process.
  2. Prioritize remediation efforts based on out-of-the-box vendor risk-scoring.
  3. Focus assessment efforts with adaptive surveys that change based on vendor responses.
  4. Get started quickly with pre-built workflows, roles, reports, and content.

End-to-end third-party risk lifecycle management

  • Speed up vendor onboarding and classification.
  • Cut down on manual tasks with automated risk-based control assessments, including evidence collection, in one centralized repository.
  • Access a library of assessment surveys content and questionnaires.
  • Manage contracts with convenient workflow and signoff.
  • Make use of automated workflows, notifications, and escalations.

Continuous third-party risk monitoring

  • Input and track vendor service level agreements (SLA) manually or automatically with real-time vendor performance monitoring.
  • Track and remediate audit findings from onsite visits.
  • Stay up to date with real-time financial intelligence feeds.
  • Integrate with independent security rating services to categorize third parties and automate onsite audit scheduling.

Third party risk reporting

  • Compare suppliers in a matrix for risk-based project planning.
  • View dynamic drag-and-drop dashboards by geography, line of business, compliance standard, and risk.
  • Demonstrate third-party risk posture to senior management and the board with interactive storyboards.
  • Prioritize remediation with vendor risk score-cards that show out-of-the-box weighted scoring for each security gap.

 

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