English (Australia) 
English (United States) 
English (UK) Third-Party Risk Management Software
How reliable are the vendors and suppliers that you depend on? Is your third-party risk management software providing a consolidated view of vendor risk? The Camms third-party risk management tool provides comprehensive workflows for third-party risk assessments, vendor benchmarking, and ongoing performance monitoring.
Monitor vendor performance
Build a vendor library capturing critical data around contract details, SLAs and KPIs and monitor ongoing performance against key metrics.
Automate vendor risk assessments
Staff can use our third-party risk management platform to complete vendor risk assessments via online forms that feed directly into the platform.
Vendor portal
Vendors and suppliers can complete questionnaires, surveys, and assessments online via our vendor portal enabling firms to report on the results and easily compare vendors.
Third-party risk intelligence
Our TRPM platform links to third-party risk intelligence providers via API integrations to help firms understand vendor risk in terms of financial stability, ethical standpoint, legal & regulatory convictions, and cybersecurity posture.
Vendor & Third-Party Risk Management Software
Today’s organizations rely on a network of vendors, suppliers, and contractors to deliver their services. Failing to effectively manage third-party risks can severely impact operations. Unexpected failures by supply chains and support vendors have the potential to cause irreversible damage to an organization’s reputation and erode trust with both existing and prospective customers. Consequently, there is increased pressure on governance, risk, and compliance professionals to demonstrate to executive teams that third-party risk management should be considered a priority as part of their broader risk framework.
To effectively manage vendor risk, you will need a cloud-based integrated third-party risk management platform to monitor vendor performance, detect risk and report on key metrics.
Vendor & Third-party Risk Management
Third-Party risk management software capabilities
Online vendor register
Build an online vendor register within our TPRM software. Create a profile for each vendor capturing critical details around, costs, contract, key contacts, Service Level Agreements (SLAs), and Key Performance Indicators (KPIs). Formalize the onboarding and offboarding process and conduct vendor risk assessments, score-carding, and benchmarking – with all data synced to the relevant vendor profile to easily compare and rate vendors and address sub-standard performance.
Flexible vendor risk assessments
Staff can complete vendor risk assessments online – with all details feeding directly into the platform. Organizations can configure different forms for different types of suppliers to ensure all critical evaluation steps are captured. The Camms third-party risk management platform enables companies to create conditional workflows for third-party risk assessments. Organizations can create extended questionnaires to capture and evaluate key attributes, use the responses to determine alternate routes in the workflow, incorporate approvals and signoffs, carry out regular reviews with automated alerts, and identify & track the progress of any treatment actions.
Online vendor portal
Eliminate the need to manually email questionnaires and tabulate responses by using the Camms third-party risk management vendor portal. Vendors can log in to our TPRM platform and complete questionnaires & surveys online. Results are captured directly in the tool and integrate seamlessly into the broader workflow so that once a vendor completes their assessment, it can trigger alerts and open the next steps for internal staff to progress the assessment.
Real-time dashboards & reports
Our vendor management software enables organisations to run reports on vendor risk exposure – enabling executives to understand the dependencies on each supplier and the associated risks. Report on vendor performance against KPIs and SLAs.
Third-party risk intelligence via API integrations
Use our API integration technology to seamlessly link vendor assessments with external third-party risk intelligence providers to get real-time updates on supplier finances, sustainability ratings, sanctions listings, cybersecurity rankings and more. This information gets updated to the vendor’s record directly within the Camms third-party risk management software and feeds into reporting and analytics.
Regulatory compliance
Use our supplier risk management platform to ensure your vendors & suppliers are working in line with relevant compliance obligations. Camms regulatory compliance capability links to our third-party risk management framework. These native integrations to our partner content providers allow firms to easily obtain information on key compliance obligations and link these through to vendor assessments to clearly demonstrate compliance during audits.
The Forrester Wave™
Governance, Risk & Compliance Platforms,
Q4 2023
Access the latest Forrester Wave report to find out how the top 15 GRC software providers ranked and discover the distinctive qualities that we believe set Camms third-party risk management software apart from other vendors in the industry.
Your Third-Party Risk Management Resources
The latest and hottest pieces of Third-Party Risk Management content to keep you in the loop.
Using Automation to Build a Consolidated View of Third-Party Risk
In this eBook, experts explain what an effective third-party risk management programme looks like. They share tools & techniques to automate the vendor risk management process and reveal how organisations can get a holistic view of vendor risk.
3 Ways to Automate Third-Party Risk Management
As organizations increasingly rely on external networks, the imperative to monitor and evaluate these third-party relationships intensifies. Third-party risk management automation grants insight into vendor
From Excel to Excellence: Turning Your Risk Data into Insights & Decisions
In this eBook, we explore why spreadsheets are outdated for risk management and help you to identify if your business is ready to swap spreadsheets for an automated GRC solution. Plus, we detail the top 10 reasons to switch from spreadsheets to software.
Get started and request a demo
Fill out our simple form to see Camms’ vendor risk management solutions in action.
Risk Management
Compliance & Policy Management
Incident & Event Reporting
Environmental, Social & Governance (ESG)
Workplace Health & Safety
Cyber & IT Risk Management
Third-Party Risk Management
Audit Management
BCM & Operational Resilience
Registers & Workflows
About
Leadership
Our Partner Network
Careers
Security & Hosting
News & Events
Blog
Ebooks & Reports
Webinars
Content Collections
Customer Events
