Modules

Gain complete control of your third-party risks

Software that helps you document and monitor risks, compliance and performance of third-party suppliers.

Third Party Risk Module
5 star rating 100+ reviews

Read through some of our customer stories

Third-party risk management software that's got your back

Centralise, control and streamline third-party management

The Third-Party module efficiently collects and stores information about third parties and suppliers, allowing for easy monitoring and updates.

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Helping Redwood Bank say goodbye to spreadsheets, and hello to risk clarity

How RiskSmart's simplistic approach and intuitive user experience helps support Redwood Bank's risk framework and scale their risk culture.

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How the Third-Party module works

Easily set up suppliers and third parties

Quickly populate details and information on third parties, which will be safely stored in the platform. You can also document risks and potential issues you've identified.

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Easily set up suppliers and third parties

Customise your questionnaires

Quickly build questionnaires that automatically gather exactly the data you need. Once the third party fills this out, the data is automatically stored in the platform.

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Customise your questionnaires

Track third-party compliance

Collecting data is only the start. With RiskSmart's Third-Party module, you can monitor and track how well your suppliers and third parties are performing, and how compliant they are.

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 Track third-party compliance

Our latest third-party risk management resources

Close actions 5x faster

Put simply, RiskSmart gives you greater visibility of costs, risk events and issues, whilst increasing the productivity of GRC teams who battle with spreadsheets daily.

Save 120 days of admin time

Rummaging through spreadsheets, emails and documents is time consuming, confusing and (let's face it) kind of annoying. RiskSmart saves money by mitigating financial and business risk and saves your business hundreds of hours spent on manual labour and data input.

Reduce business operating costs by 40%

Put simply, RiskSmart gives you greater visibility of costs, risk events and issues, whilst increasing the productivity of GRC teams who battle with spreadsheets daily.

Reduce reporting time by 70%

No more battling with broken formulas and clunky, complex tools. RiskSmart supports you to create advanced reports in minutes.

Add questionnaire with custom fields feature

A more collaborative approach

Third-party risk isn't about finger-pointing and placing blame when something goes wrong. It's about working directly with suppliers to mitigate and resolve incidents. Our tool facilitates open communication between you and third parties, making it easier to avoid and manage issues.

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Third party response options

Make sure everyone meets your high standards

RiskSmart enables you to verify whether suppliers meet regulatory and compliance standards across a wide range of industries. As a centralised database for any third-party collaboration and documentation, it also helps you monitor their overall performance.

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Explore RiskSmarts’ other modules

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Compliance

Protect your company’s reputation