Third-Party Risk And Compliance Management Software
Simpliance’s third-party risk and compliance management tool facilitates organisations to monitor, assets and manage third-party risks and compliance enabling effectual business risk management. The framework provides the third parties access to the system to update or upload relevant information.
The platform helps organizations to effectively and efficiently manage the risk, cost and complexity of critical vendors throughout the entire relationship – onboarding, contracts, due diligence, performance monitoring, quality and service level management. With a single system for vendor-risk information and powerful automation, organizations streamline end-to-end third-party risk management processes for enterprises, vendors and assessors. Management-level reporting reduces operational exposures, surprises and losses while ensuring results stand up to regulatory scrutiny.