AI & Automation for Third-Party Risk Management
RegScale addresses third-party risk management (TPRM) through our Continuous Controls Monitoring (CCM) platform, enabling organizations to assess, monitor, and mitigate risks associated with vendors and partners. Flow down requirements to vendors and ensure compliance with our advanced questionnaire system, procurement system integrations, and assessment capabilities.
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Accelerate Third-Party Risk Management with AI and Automation
Third-party risk management relies on time consuming, inefficient, and manual processes. With RegScale’s Continuous Controls Monitoring (CCM) platform, organizations automate the process of collecting new vendor and partner onboarding questionnaires and paperwork and leverage AI to score vendor submissions. Adding automation and AI to manage vendor and partner compliance reduces errors, increases efficiency and consistency, and improves risk management.
Centralized Third-Party Risk Assessment
RegScale consolidates risk data from all third-party vendors into a single platform, allowing organizations to evaluate and track vendor compliance with security and regulatory standards.
Automated Evidence Collection and Validation
Our CCM platform automates the collection of evidence from vendors, reducing manual effort. It validates compliance with controls, policies, and frameworks to ensure alignment with organizational requirements.
Real-Time Risk Monitoring
RegScale enables continuous monitoring of third-party risks by integrating with external data feeds and systems, ensuring real-time visibility into vendor compliance and risk levels.
Streamlined Risk Scoring and Reporting
RegScale provides automated risk scoring for third parties, helping prioritize remediation efforts and decision-making. Customizable dashboards and reports offer actionable insights for stakeholders.
Compliance Mapping and Control Lifecycle Automation
Vendors’ compliance efforts are mapped to the organization’s control framework, automating the lifecycle of controls to streamline audits and certifications.
Integration with Existing Workflows
RegScale integrates with DevSecOps workflows, security tools, and GRC systems to create a seamless process for managing third-party risks within existing operational frameworks.
See what RegScale can streamline for you
Book a demo now for a quick walkthrough of how our Continuous Controls Monitoring platform can solve your security, risk, and compliance challenges.
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Reading can only get you so far. That’s why we’d like to give you a quick live walkthrough of RegScale to show you exactly what we can do for your organization.
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