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Vendor Management Software
3rdRisk reviews and summary
3rdRisk Solutions provides a unified, cloud-based platform designed to overcome the common challenges of managing third-party risks, which are often addressed through disconnected, labor-intensive spreadsheets or expensive, siloed GRC systems. 3rdRisk enables organizations to onboard, manage, and assess all their third-party relationships from a single, accessible portal available 24/7 from any location. The platform streamlines the entire lifecycle, from initial due diligence and contract review to ongoing performance monitoring and risk assessment. By centralizing these activities, it eliminates data fragmentation, reduces manual effort, and accelerates assessment cycle... 3rdRisk is targeted at organizations of all sizes, particularly those frustr...
Best for
3rdRisk is targeted at organizations of all sizes, particularly those frustrated with the limitations of manual processes or the cost and rigidity of traditional GRC suites. It is ideal for risk managers, compliance officers, and vendor management teams seeking a modern, integrated, and user-friendly platform to bring cohesion to their TPRM activities. Businesses aiming for a balanced solution that is both comprehens...
Starting price
Pricing not listed
Category
Vendor Management Software
Vendor
3rdRisk Solutions
Key takeaways
Our verdict
Our verdict is that 3rdRisk effectively positions itself as a modern antidote to fragmented and cumbersome third-party risk management practices. Its value proposition of consolidation, accessibility, and efficiency is strong and directly addresses widespread industry pain points. For companies ready to move beyond spreadsheets to a dedicated, cloud-based platform without the bloat of mega-GRC suites, 3rdRisk offers a compelling and practical alternative.
Quick facts
3rdRisk at a glance
Overall rating
5/5
Reviews
1
Starting price
Pricing not listed
Vendor
3rdRisk Solutions
Founded
2020
Location
Netherlands
Category
Vendor Management Software
Ratings
3rdRisk ratings
Ratings in this section summarize available rating data. Software reviews are shown separately when users submit reviews.
Decision notes
3rdRisk pros and cons
Potential strengths
- Clear buyer-fit positioning is available in the profile data.
Points to verify
- Confirm current pricing, contract terms, and included plan details with the vendor.
- Confirm product-specific availability for category-level features before buying.
- There are no written reviews for this software yet.
Buyer fit
Who uses 3rdRisk?
3rdRisk is targeted at organizations of all sizes, particularly those frustrated with the limitations of manual processes or the cost and rigidity of traditional GRC suites. It is ideal for risk managers, compliance officers, and vendor management teams seeking a modern, integrated, and user-friendly platform to bring cohesion to their TPRM activities. Businesses aiming for a balanced solution that is both comprehens...
Feature research
3rdRisk features
These are common features buyers compare in Vendor Management Software. Product-specific availability should be confirmed with the vendor.
System Audit Logging
Maintain a chronological record of system changes including specific timestamps for accountability.
Compliance Monitoring
Monitor and address policy non-compliance across services, products, or supplier activities.
Contract Offboarding Process
Systematically concludes contracts by verifying project completion, settling payments, and confirming adherence to terms and compliance.
KPI Tracking
Track key performance indicators to assess organizational or project success.
Self-Service Access
A dedicated entry point allowing end users to interact with system features independently.
Strategic Sourcing Management
Evaluate vendors and negotiate pricing to optimize the procurement of goods and services.
Transaction Logging
A comprehensive log of all financial activities, including orders, payments, and purchases.
Vendor Invoice Payment
Completes payments to vendors for received goods or services, ensuring invoice details align with the purchase order.
Pricing
3rdRisk pricing
Starting price
Pricing not listed
Visit Website
Pricing model: Per User
Pricing can change. Confirm current plans and terms with the vendor.
Compare
3rdRisk alternatives
Compare 3rdRisk with other Vendor Management Software tools that buyers often evaluate.
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Proqura by Proqura Technologies
Proqura is a procurement management software designed to be both powerful and affordable for small and medium-sized businesses. It digitizes and streamlines the entire procurement...
Venminder by Venminder
Venminder is a world-class, SaaS-based Third-Party Risk Management (TPRM) platform that guides organizations through the complex process of assessing and monitoring their vendors....
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VendorPM is a software-enabled marketplace that revolutionizes how property managers work with service vendors. It automates and streamlines the traditionally cumbersome vendor sou...
LogicManager by LogicManager
LogicManager is a highly-regarded, enterprise-grade Enterprise Risk Management (ERM) software platform that helps organizations proactively identify, assess, monitor, and mitigate...
DataServ SaaS AP Automation by DataServ
DataServ SaaS AP Automation is a cloud-based accounts payable automation solution focused on streamlining the front-end of the AP process: vendor onboarding and data management. It...
Software reviews
3rdRisk software reviews
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FAQ
3rdRisk FAQs
3rdRisk Solutions provides a unified, cloud-based platform designed to overcome the common challenges of managing third-party risks, which are often addressed through disconnected, labor-intensive spreadsheets or expensive, siloed GRC systems. 3rdRisk enables organizations to onboard, manage, and assess all their third-party relationships from a single, accessible portal available 24/7 from any location. The platform streamlines the entire lifecycle, from initial due diligence and contract review to ongoing performance monitoring and risk assessment. By centralizing these activities, it eliminates data fragmentation, reduces manual effort, and accelerates assessment cycle...
3rdRisk is targeted at organizations of all sizes, particularly those frustrated with the limitations of manual processes or the cost and rigidity of traditional GRC suites. It is ideal for risk managers, compliance officers, and vendor management teams seeking a modern, integrated, and user-friendly platform to bring cohesion to their TPRM activities. Businesses aiming for a balanced solution that is both comprehens...
Pricing can change. Confirm current plans and terms with the vendor.
3rdRisk is listed in Vendor Management Software.
3rdRisk is listed with 3rdRisk Solutions as the vendor.
Buyers often compare 3rdRisk with other Vendor Management Software tools such as Procurify, VendorINSIGHT, UpGlide, Proqura. Review ratings, pricing, and fit before choosing.
Yes. Use the Write a review button on this page to submit a software review for 3rdRisk.
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