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Vendor Management Software
Third Party Risk Management reviews and summary
Risk 365 is a SaaS-based Third Party Risk Management (TPRM) platform designed to automate and streamline vendor assessments. It enables organizations to perform paperless evaluations using either pre-built standards/checklists or fully customized ones, helping to focus attention on the most risky vendors and minimize the potential for data breaches. The secure, online system saves significant time over manual processes and improves security oversight. The platform is versatile, usable for third-party risk, vendor risk management, and various other assessment types. It offers a 30-day free trial, with annual pricing starting at $750 for unlimited users. This platform is designed for procurement officers, vendor managers, information security teams, an...
Best for
This platform is designed for procurement officers, vendor managers, information security teams, and compliance professionals in any organization that relies on third-party vendors. It is particularly valuable for businesses in regulated industries or those handling sensitive data who need a scalable, affordable way to manage supplier risk.
Starting price
$750.00 Per-Year
Category
Vendor Management Software
Vendor
Riskpro India
Key takeaways
Our verdict
Our verdict is that Risk 365 offers a practical and accessible entry into structured TPRM. Its paperless automation, focus on risk prioritization, and transparent, user-based pricing model make it an attractive option for small to mid-sized enterprises looking to implement or improve their vendor risk management processes without excessive cost.
Quick facts
Third Party Risk Management at a glance
Starting price
$750.00 Per-Year
Vendor
Riskpro India
Founded
2011
Location
India
Category
Vendor Management Software
Ratings
Third Party Risk Management ratings
There is not enough rating data for this software yet. Rating details will appear when reviews or reliable aggregate rating data are available.
Decision notes
Third Party Risk Management pros and cons
Potential strengths
- Clear buyer-fit positioning is available in the profile data.
- Starting price 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 Third Party Risk Management?
This platform is designed for procurement officers, vendor managers, information security teams, and compliance professionals in any organization that relies on third-party vendors. It is particularly valuable for businesses in regulated industries or those handling sensitive data who need a scalable, affordable way to manage supplier risk.
Feature research
Third Party Risk Management 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
Third Party Risk Management pricing
Starting price
$750.00 Per-Year
Visit Website
Pricing model: Per User
Pricing can change. Confirm current plans and terms with the vendor.
Compare
Third Party Risk Management alternatives
Compare Third Party Risk Management with other Vendor Management Software tools that buyers often evaluate.
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Venminder by Venminder
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LogicManager by LogicManager
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DataServ SaaS AP Automation by DataServ
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Software reviews
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FAQ
Third Party Risk Management FAQs
Risk 365 is a SaaS-based Third Party Risk Management (TPRM) platform designed to automate and streamline vendor assessments. It enables organizations to perform paperless evaluations using either pre-built standards/checklists or fully customized ones, helping to focus attention on the most risky vendors and minimize the potential for data breaches. The secure, online system saves significant time over manual processes and improves security oversight. The platform is versatile, usable for third-party risk, vendor risk management, and various other assessment types. It offers a 30-day free trial, with annual pricing starting at $750 for unlimited users.
This platform is designed for procurement officers, vendor managers, information security teams, and compliance professionals in any organization that relies on third-party vendors. It is particularly valuable for businesses in regulated industries or those handling sensitive data who need a scalable, affordable way to manage supplier risk.
Third Party Risk Management pricing is listed from $750.00 Per-Year. Pricing can change. Confirm current plans and terms with the vendor.
Third Party Risk Management is listed in Vendor Management Software.
Third Party Risk Management is listed with Riskpro India as the vendor.
Buyers often compare Third Party Risk Management 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 Third Party Risk Management.
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