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Vendor Risk Management Software 

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Get a clearer picture of the risks posed by vendors and third parties.

Automating your third party vendor risk management program on MyComplianceOffice will deliver a clearer picture of the risks you face from vendors and third parties, regardless of the depth or scale of their relationship with you. Our solutions are based on best practice in the category and you can click this link to see our work on The Development of Third Party Risk Practices.

Vendor risk management is an emerging area for many organizations, so you can see what your peers are doing by downloading our research study of 240+ companies from around the world here: Vendor Risk Management Report

Building a Third Party Risk Management Framework

Third parties come with a health warning and you are charged with managing and mitigating these risks. To manage the complexity of multiple vendors, dealing with multiple departments in your organization, possibly across multiple jurisdictions, you will need to automate the program.

When specifying your third party risk software solution, you will need to build a framework that covers both the Initial Setup Stage and the Ongoing Monitoring Stage. For more information click on the items below or on the links at the side of the page:

Initial Setup Stage


Ongoing Monitoring Stage


 

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Taking control of Third Party Risk Management with MCO

 

icon-64984.pngExceptional oversight and control of your third party risk management program delivered using our unique feature set

 

icon-102539.png  Extensive flexibility to implement “Your Program, Your Way” including multi-lingual capabilities to drive greater participation

 

businessman-2.pngIncomparable insight into the risks of any individual third party via our patented Risk Transparency Matrix

 

 

 

icon-10958.pngIntuitive perspective using dashboards for instant access to the status of the program with simple and easy drill down into the details

 

 businessman.pngEasy automation of your risk management program using MCO’s distinctive task and workflow capability

 

ribbon-badge-award.pngWorld class certifications including TRUSTe, the EU/US Privacy Shield, ISO 27001 and our Oracle Gold Partnership.

 

 

 

 

businessman-1.png Manage issues through detailed case management functionality, from alert to case and through to resolution 

 

copy.png Simplified management of contracts, including versioning, history and performance to ensure greater control

 

meeting.png Automated integration with external sources for efficient on-boarding and on-going due diligence 

 

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