Procurement & Contract Management
Risk Cloud’s Procurement & Contract Management Application is a pre-built Application to help your procurement team manage the…
Efficiently assess third-party risks, implement strategies to improve your risk posture, and onboard vendors faster. Risk Cloud’s Third-Party Risk Management Solution centralizes and connects all your vendor controls, audits, and due diligence in one secure, collaborative platform.
Keeping all of your vendor information, risks, and controls in one place helps you automate repetitive vendor onboarding, reassessments, and offboarding workflows by leveraging tools you already use like, Jira, Slack, and Microsoft 365. Identify, summarize, and mitigate critical vendors and risks in less time with Risk Cloud’s OpenAI integration.
Identify your company’s most critical third-party risks with heatmaps, letter grades, and risk scores. Then, add even more context by aggregating third-party risk intelligence from Black Kite or RiskRecon and due diligence data from providers like Vital4 alongside your assessment findings.
Automatically send assessments and questionnaires to any third party based on custom logic, then invite vendors to access and complete questionnaires inside Risk Cloud with secure, one-time passcodes. Unlimited external user and end user licenses ensure you can mature your program as your third-party network grows.
Get started quickly with the Third-Party Risk Management Application’s library of out-of-the-box questionnaires aligned to industry standards like SIG, NIST CSF, and CAIQ. Risk Cloud’s configurable, drag-and-drop interface makes it easy to adjust assessments, workflows, controls, and dashboards as your needs evolve.
Risk Cloud Quantify® enhances traditional quantification techniques with Monte Carlo simulations to bring financial context to risk decisions. Prove the financial impact of third-party risk to stakeholders to strengthen their understanding and support for your program.
From out-of-the-box assessments to enhanced security features for external users, Risk Cloud’s Third-Party Risk Management Solution has you covered.
Accelerate time-to-value with our out-of-the-box Application and industry-standard questionnaires, or customize it to meet your unique third-party management needs.
- Josh H, Analyst, Vendor Management
- Paul H, VP of Business Continuity Management
- Andrew C, CFO
- Tom S, Senior Information Security Analyst
- Erin H, Corporate Compliance and Enterprise Risk Management Business Analyst
The Third-Party Risk Management Application includes access to a library of seven out-of-the-box assessments: SIG Lite, SIG Privacy, SIG ESG, SIG AI, NIST CSF, the Cloud Security Alliance’s Consensus Assessment Initiative Questionnaire (CAIQ), and LogicGate's standard assessment.
Yes! With dozens of risk management Applications and 100s of integration capabilities, the Risk Cloud platform can help you centralize and streamline risk management across your enterprise to eliminate data silos, improve cross-team collaboration, and help you make more strategic decisions. Request a custom quote to explore holistic risk management solutions for your organization
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