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Vendor Risk Management (vrm) - Managing 3rd party risk at scale!

Vendor risk management (VRM) is the process of ensuring that the use of service providers and IT suppliers does not create an unacceptable potential for business disruption or a negative impact on business performance.

VRM technology supports enterprises that must assess, monitor, and manage their risk exposure from third-party suppliers (TPSs) that provide IT products and services, or that have access to enterprise information.

Vendor risk assessment & management is an inefficient, spreadsheet driven, labor-intensive process.

Managing and maintaining this process consistently over a long time has proven to be nearly impossible.

The need to continually evaluate both new and existing vendors, understand their security maturity, and track their improvement towards meeting your security criteria is a complicated and costly process.

Findings revolutionize the vendor risk management (VRM) process. By leveraging AI and automation, Findings streamline this manually-driven, labor-intensive process for the enterprise and the vendor, saves time and money, while replacing manual processes with automated ones.