Your business runs on other companies. The tools your team logs into, the infrastructure your product sits on, and the contractors who touch your data are all doors into your organization, and you do not fully control any of them.

That dependence has pushed third-party risk from a procurement formality to a board-level concern. Vendor counts have climbed into the hundreds, those vendors rely on their own subcontractors, and enterprise buyers and regulators now expect proof that you keep all of it in check. Handled well, the work shortens security reviews and supports bigger deals, which makes it a growth lever rather than a cost.

This article covers what third-party risk management is, the benefits of running a formal program, who should own it, how to assess the growing risk from AI vendors, the regulations that now require it, and the best practices and tools for managing third-party risk end to end.

What is third-party risk management?

Third-party risk management is a robust set of practices for identifying, assessing, and remediating threats from third parties like vendors, partners, and contractors. The primary goal of TPRM is to give organizations complete visibility of their third-party risk environment and help them develop appropriate risk mitigation strategies.

TPRM enables organizations to overcome numerous challenges they face in a globalized, interconnected environment, such as:

  • Third-party network complexity: As your organization grows, its number of third-party partners (agencies, software providers, etc.) increases, as does the associated risk landscape. TPRM practices let you be risk-aware and scale up your vendor profile more confidently.
  • Lack of control over third parties: Your organization can’t directly impact a third party’s internal policies and operations. What you can do is map them to corresponding risks, request SLA-based controls, and make procurement decisions according to your risk appetite.
  • Data privacy and security concerns: Since sharing data with third parties is almost unavoidable, any breach on their end can jeopardize your operations as well. A methodical approach to TPRM lets you identify and address any threats or vulnerabilities to keep your systems secure.

{{cta_withimage20="/cta-blocks"}}

Benefits of a third-party risk management program

A well-run third-party risk management program pays off in five ways. It sharpens your risk decisions, controls cost, keeps you compliant, protects your operations, and gives you ongoing visibility into vendor security. Here is what each benefit looks like in practice.

Stronger risk mitigation

After you identify and assess third-party risks, you get the data to build mitigation plans that target your real exposure rather than guesswork. A program turns scattered findings into a ranked list of what to fix first.

Lower and more predictable costs

When you define your assessment steps and name task owners in advance, you stop rebuilding the process for every vendor. That repeatability saves staff time, trims duplicated work, and makes the cost of the program easy to forecast.

Easier regulatory compliance

Strong TPRM is built into many voluntary and mandatory standards, especially in heavily regulated industries. Folding it into your GRC program means one set of vendor controls can answer many of those requirements at once, instead of treating each audit as a separate scramble.

Operational continuity

When you rely on a third party, their disruptions can become yours. Ongoing TPRM plans for those disruptions ahead of time and sets out the steps that keep your business running when a vendor goes down.

Greater cybersecurity visibility

Strong TPRM keeps you informed about how each vendor protects your data and processes. You stay current on their security posture rather than relying on a one-time promise made during onboarding.‍

Why do you need a TPRM program and who oversees it?

Back when software didn’t play such an integral role in business operations, third-party risks could have been managed by specific departments and even individuals, such as compliance officers or procurement managers.

Today, the number of third parties per organization can be in the thousands, even more. The sheer amount of due diligence and risk management work that needs to be completed is extensive and cannot be managed without a disciplined approach.

A TPRM program serves as an all-encompassing solution to bring order to scattered risk management processes, with an emphasis on third parties. It’s typically handled by a dedicated team of risk experts who follow consistent and cohesive practices to manage third-party relationships efficiently without being bogged down by scalability issues. Additionally, key people in IT, finance, and other departments often have to be kept in the loop when it comes to developing or overseeing mitigation strategies for relevant risks.

The value of a TPRM program is even more prominent in industries handling sensitive data, such as healthcare and finance, where even the smallest risks can have severe consequences on an organization’s well-being.

Who owns third-party risk management?

Third-party risk management usually sits with a GRC or risk team, but no single team can run it alone. A working program names one owner and gives every supporting function a clear job, so vendors do not slip through the cracks between procurement, security, and legal. The map below shows how the work tends to split.

Function Role in TPRM
GRC or risk Owns the program, sets policy and risk criteria, and reports to leadership
Security Runs vendor security reviews and judges technical risk
Procurement Flags new vendors early and builds risk checks into buying
Legal Sets contract terms, SLAs, and data protection clauses
IT Manages vendor access and maps vendors to the systems they touch
Business owner Sponsors the vendor and accepts or escalates the remaining risk

The detail that makes this work is a single point of accountability. When one owner holds the program and everyone else knows their part, reviews finish on time and nothing falls between teams. You can see how these roles map onto a wider GRC program in our guide to GRC team roles and responsibilities.

‍How to assess the risk of AI vendors

AI vendors are a fast-growing class of third party, and they need their own questions because they often train on, store, or route your data in ways traditional vendors do not. Start by asking whether the vendor trains its models on your data, where that data goes, which sub-processors it relies on, and how it governs model access and output. Treat any AI tool that touches sensitive data as a higher tier by default.

The risk is already showing up in breach data. IBM's 2025 Cost of a Data Breach Report found that shadow AI, meaning AI tools used without approval or oversight, played a role in 20% of breaches and added around $670,000 to the average breach cost. It also found that 97% of organizations hit by an AI-related breach lacked basic AI access controls. Unreviewed AI vendors are the new shadow IT, and they carry the same blind-spot risk.

To manage it, fold AI vendors into the same lifecycle as every other third party, then layer on AI-specific governance. Frameworks like the NIST AI Risk Management Framework, ISO 42001, and the EU AI Act give you a structure for judging how a vendor builds and runs its models, so your review covers model and data governance, not just perimeter security.

Regulations that require third-party risk management

A growing set of regulations now require documented third-party risk management, especially in finance, healthcare, and critical infrastructure. If you sell to regulated buyers or operate in the EU, these rules likely reach you even when you are not the named entity, because your customers have to prove they manage the risk you represent to them.

  • DORA: The EU's Digital Operational Resilience Act has applied across the bloc since January 17, 2025. It requires financial entities to manage ICT third-party risk, keep a register of information on every provider, and analyze concentration risk. The first full register was due in Q1 2026.
  • NIS2: This EU directive, in force since 2023 and written into national law by member states, makes supply chain and supplier security a management responsibility for essential and important sectors.
  • SEC cybersecurity rules: Since 2023, US public companies have had to disclose how they manage cybersecurity risk, including their oversight of third parties.
  • NYDFS 23 NYCRR 500: New York's cybersecurity regulation requires financial services firms to run due diligence on their critical service providers.

On top of these, the frameworks you already pursue carry third-party requirements of their own. SOC 2, ISO 27001, HIPAA, PCI DSS, and GDPR each expect you to vet and monitor the vendors that handle your data. Mapping your program to a recognized TPRM framework helps you satisfy several of these at once instead of repeating the work.

6 third-party risk management best practices to follow

When developing your TPRM program, follow these six best practices to ensure its effectiveness:

1. Define your risk appetite and criteria

TPRM starts with a well-defined risk appetite and standardized risk criteria, which will guide all your future security practices within the program. Once you’ve identified your risk threshold, you’ll use it to derive benchmarks against which you’ll compare prospective third parties.

While profiling your vendors, it’s a good idea to dive into different vendor risk types, such as:

  • Cybersecurity risks
  • Operational risks
  • Financial risks
  • Strategic risks
  • Compliance risks

Each organization will have a unique risk profile, depending on its industry and operations—so see if certain risks are more prominent for a particular vendor. For example, a healthcare institution may prioritize cybersecurity and compliance risks over other risks because of the sensitive nature of their services. A brick-and-mortar retail company, on the other hand, may have to address operational and financial risks as immediate concerns.

Defining your basic risk appetite can be time-consuming, but it’s worth the effort as it sets the foundation for other TPRM processes, such as planning for sensitive risk areas and determining what third parties are eligible to do business with you.

{{cta_webinar4="/cta-blocks"}} | Webinar: Vendor risk management

2. Create a vendor management policy

Most organizations focus on fortifying their internal cybersecurity measures, but it’s equally important to understand the impact the vendors you work with have on your security posture. You can avoid this oversight by creating a strict vendor management policy (VMP) around a third party’s access to your sensitive data and systems.

The VMP should focus on high-risk third parties with access to your internal network. It can include several components, most notably:

  • Vendor access controls
  • Network and system security details
  • Vendor liability
  • Incident response and disaster recovery plans
  • Compliance requirements

A VMP requires input from experts within IT, legal, and finance departments to ensure the final document is watertight. Consider having a blueprint plan for prioritizing high-risk vendors.

3. Ensure cross-department collaboration

As noted earlier, TPRM processes may require you to involve several department experts to provide additional input, identify overlooked threats, and other tasks.

For example, someone from your IT department can be included in the development of cybersecurity risk criteria. They can also stay in contact with a third party’s IT team in case of any security questions or concerns.

A major challenge here is poor cross-departmental collaboration. Because the program requires members across departments to contribute, there is a likelihood of communication silos and missed tasks.

The best practice for collaborative workflows is to have a program owner who will establish a chain of accountability for TPRM tasks with clearly defined roles and responsibilities. You can also use a VRM solution that enables centralized visibility of pending TPRM tasks.

Additionally, try to establish an organization-wide culture of risk awareness and define clear communication channels between departments for a cohesive workflow.

4. Automate risk assessments

Comprehensive risk assessments are at the core of TPRM. They typically happen in three stages:

  1. Gathering risk data (typically through a risk assessment questionnaire)
  2. Evaluating the results and associated third-party risk posture
  3. Categorizing third parties according to their risk level

While the process may appear simple at first glance, it involves quite a bit of work. You need to develop robust questionnaires that account for all relevant risks, analyze responses, and come up with a way to quantify and score those risks.

This is why one of the latest best practices is to have a capable risk management tool with automation functionalities. The goal is to automate repeatable assessment processes and eliminate manual work to enable risk teams to focus more on strategic decision-making.

{{cta_withimage5="/cta-blocks"}}

5. Set up a thorough onboarding process

Onboarding a third party can take months, depending on the vendor type or your industry. You need to finalize the contract terms, ensure alignment with your operational and strategic goals, and proactively mitigate risks that could surface down the line.

This is why you should create a transparent and efficient third-party onboarding process for your partners. When onboarding a new third party, pay special attention to SLAs and contract terms as they clarify your expectations around performance and contract violations.

At the end of the onboarding process, add your third party to a centralized inventory to enable easier monitoring.

6. Monitor third parties continuously

Your third-party risk landscape will constantly evolve as you onboard new third parties and implement various remediation strategies. Additionally, each third party’s operations and risk exposure also change with time, so your initial assessments will most likely become outdated at some point.

All of the above calls for regular reassessments of third-party risks. While you may not be able to get all data in real time, you should at least enable periodic updates you can leverage to tweak your TPRM program accordingly.

Much like due diligence processes, ongoing reassessments can be time-consuming if done manually. This is why it’s best to opt for a software solution that integrates with your current workflow and can pull the monitoring data you need without manual effort.

{{cta_testimonial5="/cta-blocks"}}

Overcoming TPRM challenges

Given the best practices above, it’s easy to conclude that TPRM is a data-intensive process. Each potential third party needs to be evaluated thoroughly, which entails extensive data gathering and communication.

For example, after you send out a risk assessment questionnaire, you won’t take the results at face value. Instead, you’ll need to go through security reviews and audit reports and maintain spreadsheets to record data points.

All of this will happen in the initial stages of your relationship with a third party. As it progresses, you’ll need to keep collecting and analyzing data throughout its lifecycle to stay on top of all relevant threats. This is why TPRM can quickly become overwhelming without well-established processes and the right tools.

The good news is that a robust platform can be an effective solution for minimizing scattered reviews, communication, and documentation workflows.

Implement and maintain a robust TPRM program with Vanta

Vanta is an end-to-end trust management platform with a suite of features dedicated to managing third-party risks and ensuring more predictability in your operations. It sets you up with an automation-enabled Vendor Risk Management capabilities, which can streamline your review workflows, resources, documents, and tasks in one place.

Vanta is built with TPRM best practices in mind and features that can automate up to 90% of your everyday risk management tasks. The platform gives you access to:

  • Centralized vendor inventory
  • Comprehensive dashboard for tracking vendor inventory information
  • Auto-scoring based on predetermined or custom parameters
  • Shadow IT discovery and configurable controls
  • Security review tracking

With over 400 integrations, Vanta can bring numerous data sources together to give you a 360° overview of your risk landscape.

If you’re looking to save time while reviewing documents for vendor security reviews you may want to leverage Vanta AI to automate the review of documentation for questions you specify. Watch this webinar to see many of these features in action. Or schedule a custom demo with a Vanta expert today.

{{cta_simple5="/cta-blocks"}}

Introduction to TPRM

What is third-party risk management (TPRM), and how does it work?

Written by
Vanta
Written by
Vanta
Reviewed by

Your business runs on other companies. The tools your team logs into, the infrastructure your product sits on, and the contractors who touch your data are all doors into your organization, and you do not fully control any of them.

That dependence has pushed third-party risk from a procurement formality to a board-level concern. Vendor counts have climbed into the hundreds, those vendors rely on their own subcontractors, and enterprise buyers and regulators now expect proof that you keep all of it in check. Handled well, the work shortens security reviews and supports bigger deals, which makes it a growth lever rather than a cost.

This article covers what third-party risk management is, the benefits of running a formal program, who should own it, how to assess the growing risk from AI vendors, the regulations that now require it, and the best practices and tools for managing third-party risk end to end.

What is third-party risk management?

Third-party risk management is a robust set of practices for identifying, assessing, and remediating threats from third parties like vendors, partners, and contractors. The primary goal of TPRM is to give organizations complete visibility of their third-party risk environment and help them develop appropriate risk mitigation strategies.

TPRM enables organizations to overcome numerous challenges they face in a globalized, interconnected environment, such as:

  • Third-party network complexity: As your organization grows, its number of third-party partners (agencies, software providers, etc.) increases, as does the associated risk landscape. TPRM practices let you be risk-aware and scale up your vendor profile more confidently.
  • Lack of control over third parties: Your organization can’t directly impact a third party’s internal policies and operations. What you can do is map them to corresponding risks, request SLA-based controls, and make procurement decisions according to your risk appetite.
  • Data privacy and security concerns: Since sharing data with third parties is almost unavoidable, any breach on their end can jeopardize your operations as well. A methodical approach to TPRM lets you identify and address any threats or vulnerabilities to keep your systems secure.

{{cta_withimage20="/cta-blocks"}}

Benefits of a third-party risk management program

A well-run third-party risk management program pays off in five ways. It sharpens your risk decisions, controls cost, keeps you compliant, protects your operations, and gives you ongoing visibility into vendor security. Here is what each benefit looks like in practice.

Stronger risk mitigation

After you identify and assess third-party risks, you get the data to build mitigation plans that target your real exposure rather than guesswork. A program turns scattered findings into a ranked list of what to fix first.

Lower and more predictable costs

When you define your assessment steps and name task owners in advance, you stop rebuilding the process for every vendor. That repeatability saves staff time, trims duplicated work, and makes the cost of the program easy to forecast.

Easier regulatory compliance

Strong TPRM is built into many voluntary and mandatory standards, especially in heavily regulated industries. Folding it into your GRC program means one set of vendor controls can answer many of those requirements at once, instead of treating each audit as a separate scramble.

Operational continuity

When you rely on a third party, their disruptions can become yours. Ongoing TPRM plans for those disruptions ahead of time and sets out the steps that keep your business running when a vendor goes down.

Greater cybersecurity visibility

Strong TPRM keeps you informed about how each vendor protects your data and processes. You stay current on their security posture rather than relying on a one-time promise made during onboarding.‍

Why do you need a TPRM program and who oversees it?

Back when software didn’t play such an integral role in business operations, third-party risks could have been managed by specific departments and even individuals, such as compliance officers or procurement managers.

Today, the number of third parties per organization can be in the thousands, even more. The sheer amount of due diligence and risk management work that needs to be completed is extensive and cannot be managed without a disciplined approach.

A TPRM program serves as an all-encompassing solution to bring order to scattered risk management processes, with an emphasis on third parties. It’s typically handled by a dedicated team of risk experts who follow consistent and cohesive practices to manage third-party relationships efficiently without being bogged down by scalability issues. Additionally, key people in IT, finance, and other departments often have to be kept in the loop when it comes to developing or overseeing mitigation strategies for relevant risks.

The value of a TPRM program is even more prominent in industries handling sensitive data, such as healthcare and finance, where even the smallest risks can have severe consequences on an organization’s well-being.

Who owns third-party risk management?

Third-party risk management usually sits with a GRC or risk team, but no single team can run it alone. A working program names one owner and gives every supporting function a clear job, so vendors do not slip through the cracks between procurement, security, and legal. The map below shows how the work tends to split.

Function Role in TPRM
GRC or risk Owns the program, sets policy and risk criteria, and reports to leadership
Security Runs vendor security reviews and judges technical risk
Procurement Flags new vendors early and builds risk checks into buying
Legal Sets contract terms, SLAs, and data protection clauses
IT Manages vendor access and maps vendors to the systems they touch
Business owner Sponsors the vendor and accepts or escalates the remaining risk

The detail that makes this work is a single point of accountability. When one owner holds the program and everyone else knows their part, reviews finish on time and nothing falls between teams. You can see how these roles map onto a wider GRC program in our guide to GRC team roles and responsibilities.

‍How to assess the risk of AI vendors

AI vendors are a fast-growing class of third party, and they need their own questions because they often train on, store, or route your data in ways traditional vendors do not. Start by asking whether the vendor trains its models on your data, where that data goes, which sub-processors it relies on, and how it governs model access and output. Treat any AI tool that touches sensitive data as a higher tier by default.

The risk is already showing up in breach data. IBM's 2025 Cost of a Data Breach Report found that shadow AI, meaning AI tools used without approval or oversight, played a role in 20% of breaches and added around $670,000 to the average breach cost. It also found that 97% of organizations hit by an AI-related breach lacked basic AI access controls. Unreviewed AI vendors are the new shadow IT, and they carry the same blind-spot risk.

To manage it, fold AI vendors into the same lifecycle as every other third party, then layer on AI-specific governance. Frameworks like the NIST AI Risk Management Framework, ISO 42001, and the EU AI Act give you a structure for judging how a vendor builds and runs its models, so your review covers model and data governance, not just perimeter security.

Regulations that require third-party risk management

A growing set of regulations now require documented third-party risk management, especially in finance, healthcare, and critical infrastructure. If you sell to regulated buyers or operate in the EU, these rules likely reach you even when you are not the named entity, because your customers have to prove they manage the risk you represent to them.

  • DORA: The EU's Digital Operational Resilience Act has applied across the bloc since January 17, 2025. It requires financial entities to manage ICT third-party risk, keep a register of information on every provider, and analyze concentration risk. The first full register was due in Q1 2026.
  • NIS2: This EU directive, in force since 2023 and written into national law by member states, makes supply chain and supplier security a management responsibility for essential and important sectors.
  • SEC cybersecurity rules: Since 2023, US public companies have had to disclose how they manage cybersecurity risk, including their oversight of third parties.
  • NYDFS 23 NYCRR 500: New York's cybersecurity regulation requires financial services firms to run due diligence on their critical service providers.

On top of these, the frameworks you already pursue carry third-party requirements of their own. SOC 2, ISO 27001, HIPAA, PCI DSS, and GDPR each expect you to vet and monitor the vendors that handle your data. Mapping your program to a recognized TPRM framework helps you satisfy several of these at once instead of repeating the work.

6 third-party risk management best practices to follow

When developing your TPRM program, follow these six best practices to ensure its effectiveness:

1. Define your risk appetite and criteria

TPRM starts with a well-defined risk appetite and standardized risk criteria, which will guide all your future security practices within the program. Once you’ve identified your risk threshold, you’ll use it to derive benchmarks against which you’ll compare prospective third parties.

While profiling your vendors, it’s a good idea to dive into different vendor risk types, such as:

  • Cybersecurity risks
  • Operational risks
  • Financial risks
  • Strategic risks
  • Compliance risks

Each organization will have a unique risk profile, depending on its industry and operations—so see if certain risks are more prominent for a particular vendor. For example, a healthcare institution may prioritize cybersecurity and compliance risks over other risks because of the sensitive nature of their services. A brick-and-mortar retail company, on the other hand, may have to address operational and financial risks as immediate concerns.

Defining your basic risk appetite can be time-consuming, but it’s worth the effort as it sets the foundation for other TPRM processes, such as planning for sensitive risk areas and determining what third parties are eligible to do business with you.

{{cta_webinar4="/cta-blocks"}} | Webinar: Vendor risk management

2. Create a vendor management policy

Most organizations focus on fortifying their internal cybersecurity measures, but it’s equally important to understand the impact the vendors you work with have on your security posture. You can avoid this oversight by creating a strict vendor management policy (VMP) around a third party’s access to your sensitive data and systems.

The VMP should focus on high-risk third parties with access to your internal network. It can include several components, most notably:

  • Vendor access controls
  • Network and system security details
  • Vendor liability
  • Incident response and disaster recovery plans
  • Compliance requirements

A VMP requires input from experts within IT, legal, and finance departments to ensure the final document is watertight. Consider having a blueprint plan for prioritizing high-risk vendors.

3. Ensure cross-department collaboration

As noted earlier, TPRM processes may require you to involve several department experts to provide additional input, identify overlooked threats, and other tasks.

For example, someone from your IT department can be included in the development of cybersecurity risk criteria. They can also stay in contact with a third party’s IT team in case of any security questions or concerns.

A major challenge here is poor cross-departmental collaboration. Because the program requires members across departments to contribute, there is a likelihood of communication silos and missed tasks.

The best practice for collaborative workflows is to have a program owner who will establish a chain of accountability for TPRM tasks with clearly defined roles and responsibilities. You can also use a VRM solution that enables centralized visibility of pending TPRM tasks.

Additionally, try to establish an organization-wide culture of risk awareness and define clear communication channels between departments for a cohesive workflow.

4. Automate risk assessments

Comprehensive risk assessments are at the core of TPRM. They typically happen in three stages:

  1. Gathering risk data (typically through a risk assessment questionnaire)
  2. Evaluating the results and associated third-party risk posture
  3. Categorizing third parties according to their risk level

While the process may appear simple at first glance, it involves quite a bit of work. You need to develop robust questionnaires that account for all relevant risks, analyze responses, and come up with a way to quantify and score those risks.

This is why one of the latest best practices is to have a capable risk management tool with automation functionalities. The goal is to automate repeatable assessment processes and eliminate manual work to enable risk teams to focus more on strategic decision-making.

{{cta_withimage5="/cta-blocks"}}

5. Set up a thorough onboarding process

Onboarding a third party can take months, depending on the vendor type or your industry. You need to finalize the contract terms, ensure alignment with your operational and strategic goals, and proactively mitigate risks that could surface down the line.

This is why you should create a transparent and efficient third-party onboarding process for your partners. When onboarding a new third party, pay special attention to SLAs and contract terms as they clarify your expectations around performance and contract violations.

At the end of the onboarding process, add your third party to a centralized inventory to enable easier monitoring.

6. Monitor third parties continuously

Your third-party risk landscape will constantly evolve as you onboard new third parties and implement various remediation strategies. Additionally, each third party’s operations and risk exposure also change with time, so your initial assessments will most likely become outdated at some point.

All of the above calls for regular reassessments of third-party risks. While you may not be able to get all data in real time, you should at least enable periodic updates you can leverage to tweak your TPRM program accordingly.

Much like due diligence processes, ongoing reassessments can be time-consuming if done manually. This is why it’s best to opt for a software solution that integrates with your current workflow and can pull the monitoring data you need without manual effort.

{{cta_testimonial5="/cta-blocks"}}

Overcoming TPRM challenges

Given the best practices above, it’s easy to conclude that TPRM is a data-intensive process. Each potential third party needs to be evaluated thoroughly, which entails extensive data gathering and communication.

For example, after you send out a risk assessment questionnaire, you won’t take the results at face value. Instead, you’ll need to go through security reviews and audit reports and maintain spreadsheets to record data points.

All of this will happen in the initial stages of your relationship with a third party. As it progresses, you’ll need to keep collecting and analyzing data throughout its lifecycle to stay on top of all relevant threats. This is why TPRM can quickly become overwhelming without well-established processes and the right tools.

The good news is that a robust platform can be an effective solution for minimizing scattered reviews, communication, and documentation workflows.

Implement and maintain a robust TPRM program with Vanta

Vanta is an end-to-end trust management platform with a suite of features dedicated to managing third-party risks and ensuring more predictability in your operations. It sets you up with an automation-enabled Vendor Risk Management capabilities, which can streamline your review workflows, resources, documents, and tasks in one place.

Vanta is built with TPRM best practices in mind and features that can automate up to 90% of your everyday risk management tasks. The platform gives you access to:

  • Centralized vendor inventory
  • Comprehensive dashboard for tracking vendor inventory information
  • Auto-scoring based on predetermined or custom parameters
  • Shadow IT discovery and configurable controls
  • Security review tracking

With over 400 integrations, Vanta can bring numerous data sources together to give you a 360° overview of your risk landscape.

If you’re looking to save time while reviewing documents for vendor security reviews you may want to leverage Vanta AI to automate the review of documentation for questions you specify. Watch this webinar to see many of these features in action. Or schedule a custom demo with a Vanta expert today.

{{cta_simple5="/cta-blocks"}}

See how VRM automation works

Let's walk through an interactive tour of Vanta's Vendor Risk Management solution.

Explore more TPRM articles

Get started with TPRM

Start your TPRM journey with these related resources.

How to minimize third party risk with strong vendor management.

How to minimize third-party risk with vendor management

Get insights and best practices from security & compliance experts on how to manage third-party vendor risk in this free guide.

How to minimize third-party risk with vendor management
How to minimize third-party risk with vendor management
Vanta in Action: Vendor Risk Management

Vanta in Action: Vendor Risk Management

Vendor security reviews can be manual and time-consuming, draining security teams of precious hours. Vanta’s Vendor Risk Management solution changes that, automating and streamlining security reviews so that you can spend less time on repetitive work and more time strengthening your security posture. Curious to see what it looks like?

Vanta in Action: Vendor Risk Management
Vanta in Action: Vendor Risk Management

10 important questions to add to your security questionnaire [with examples]

Use these 10 vendor security questionnaire questions to assess compliance, uncover risks, and evaluate third-party vendors before onboarding.

10 important questions to add to your security questionnaire [with examples]
10 important questions to add to your security questionnaire [with examples]