Procurement & Contract Management
Risk Cloud’s Procurement & Contract Management Application is a pre-built Application to help your procurement team manage the…
Risk Cloud® is a no-code risk and compliance platform that scales and adapts to your changing business needs and regulatory requirements. It centralizes all your third-party risks, assessments, and findings in one platform, so you can easily assess third-party risk impact and prioritize mitigation strategies.
Unless you’re already following a standard framework like ISO 27001 or SIG Lite, starting your first third-party risk management program — or maturing your existing processes — isn’t easy. Risk Cloud’s Third-Party Risk Management: Standard Application comes equipped with a purpose-built questionnaire to help you holistically and efficiently assess and mitigate third-party risk across multiple domains.
Risk Cloud’s Third-Party Risk Management: Standard Application saves time and streamlines your third-party risk management program by automatically sending out questionnaires and due date notifications to vendors. You’ll have everything you need to help you:
Risk Cloud’s Third-Party Risk Management: Standard Application includes a 37-question questionnaire built by LogicGate GRC experts to assess potential weaknesses among third-party vendors. Use the purpose-built questionnaire as is, supplement it with questions from Risk Cloud’s Third-Party Risk Management Question Bank, or customize the questionnaire to your organization’s needs and program maturity.
Track and store vendor contracts, assessments, findings, and resolutions in one location so you can find and access information across all your third-party vendors more efficiently. Then, integrate Risk Cloud with third-party risk intelligence providers like Black Kite and SecurityScorecard to get even deeper insights into your third-party risks.
Send questionnaires to multiple external stakeholders and set automatic notifications on task due dates. Protect sensitive data and control who can access records with secure one-time passcodes for external users.
Receive automatic assessment ratings that provide immediate insight into your third-party vendors’ maturity and generate pre-built and custom reports to visualize the status and findings of third-party risks. Risk Cloud’s Third-Party Management: Standard Application comes loaded with more than a dozen easy-to-use reports and dashboards detailing findings by assessment status, assessment results, open findings, contract value, findings impact, and more.
Risk Cloud’s Procurement & Contract Management Application is a pre-built Application to help your procurement team manage the…
Risk Cloud's Third-Party Risk Management: ISO 27001 Application is pre-built with a questionnaire aligned with ISO 27001's Annex…
Risk Cloud’s Third-Party Risk Management: SIG Lite Application is pre-built with the SIG Lite questionnaire enabling you to…