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What is OneTrust Third-Party Management?

OneTrust's Third-Party Management solution transforms the oversight of your third-party lifecycle by shifting from a questionnaire-centric approach to a risk-focused model, leveraging data-driven automation that bolsters both security and efficiency within your third-party ecosystem. This cutting-edge methodology streamlines what were once manual tasks and tailors assessments to align with the unique needs of each third-party relationship, leading to marked improvements in evaluation efficiency. Users often experience an impressive average decrease of over 70% in the time and costs associated with third-party risk assessments, which effectively accelerates the onboarding phase. The platform harnesses premier data sources to continuously track the risk profiles of third parties and proactively manages new risks as they emerge. By aligning workflows and bringing teams together through common objectives, data objects, and inventories, it promotes enhanced consistency and operational efficiency. In addition, the solution strengthens internal capabilities by automating critical processes and enabling centralized oversight of third-party inventories, which cultivates a more agile and resilient risk management framework. This seamless integration not only fortifies risk management but also enhances strategic decision-making throughout the organization, ultimately leading to more informed and effective business practices. As organizations navigate an increasingly complex landscape, adopting such innovative solutions becomes crucial for maintaining compliance and fostering collaborative partnerships.

What is Ethixbase360?

To streamline the digitization of your internal onboarding processes and risk assessments, you can incorporate external information sources during the onboarding phase. This approach facilitates a uniform, automated procedure accompanied by an easily retrievable audit trail. All relevant documentation and data from third-party sources can be centralized for convenient access. As third-party ecosystems grow increasingly intricate and varied, organizations face heightened risks concerning their reputation and regulatory adherence. Many professionals in compliance, law, and procurement may find the challenge of overseeing numerous third-party relationships across their global ecosystems daunting. Each business tends to adopt its own unique methods for managing these relationships. This notion forms the foundational idea behind our third-party compliance platform, ethiXbase360, which is designed to simplify and enhance the management of third-party compliance. By leveraging our platform, organizations can effectively navigate the complexities of third-party interactions while reducing potential risks.

Media

Media

Integrations Supported

AdaptiveGRC
Adobe Analytics
BitSight
Bureau van Dijk Review
Databricks
Docusign
Jira
Ketch
LexisNexis Risk Solutions
Microsoft 365
OneTrust Tech Risk and Compliance
Recorded Future
RiskRecon
SAP Cloud Platform
SQL Server
Salesforce
SecurityScorecard
Supply Wisdom
Tableau
UpGuard

Integrations Supported

API Availability

Has API

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training

Company Facts

Organization Name

OneTrust

Date Founded

2016

Company Location

United States

Company Website

www.onetrust.com/solutions/third-party-management/

Company Facts

Organization Name

Ethixbase360

Date Founded

2011

Company Location

Singapore

Company Website

ethixbase.com

Categories and Features

Categories and Features

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