Product TPRM

Third-Party Risk Management

Vendor lifecycle & AI-driven assessments

Vendor risk management, reimagined

Manage your entire vendor lifecycle — from onboarding to offboarding — with AI-powered risk assessments, automated scoring, and a self-service vendor portal.

VeriGRC handles the full lifecycle from a single interface — onboarding questionnaires, recurrence scheduling, AI-generated assessments with plain-English findings, and a self-service vendor portal where suppliers submit evidence directly. Certification bypass rules skip the queue for pre-qualified vendors, so your team focuses effort where it matters.

Key capabilities

  • Full vendor lifecycle management (onboarding → offboarding)
  • AI-driven risk assessments with plain-English findings
  • Configurable multi-vector risk scoring
  • Self-service vendor portal for evidence submission
  • Certification bypass for pre-qualified vendors
  • Automated recurrence scheduler for ongoing due diligence

How it works

01

Onboard a vendor

Invite your vendor to the self-service portal. They submit evidence, respond to assessment questions, and upload certificates.

02

AI assesses the risk

VeriGRC's AI reads the vendor's responses and evidence, scores them across your configured risk vectors, and surfaces plain-English findings with supporting rationale.

03

Act on findings

Accept the AI's scoring, request remediation, or apply a certification bypass for pre-approved vendors. The recurrence scheduler prompts re-assessment on your chosen cadence.

Modernise your third-party risk programme.