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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 Medata?

Medata distinguishes itself as a premier provider of extensive cost management software and service solutions customized for insurance carriers, self-insured entities, third-party administrators, state funds, and public organizations operating in the workers' compensation and auto liability fields. Established in 1975, the company originally concentrated on medical cost management for the workers' compensation sector. Its software amalgamates diverse functionalities such as content management, utilization review, bill review, fee negotiation, payment processing, and state reporting, all available via a unified platform. By developing and owning its software, Medata maintains complete control over its products and sidesteps potential obstacles from third parties. The organization is committed to in-house development, refusing to outsource or offshore any part of its product design, development, quality assurance, or implementation processes. In addition to its software offerings, Medata continuously invests in research and has developed a reasonableness database that aids in determining reimbursement rates when standard fee schedules do not apply. This innovative strategy not only enhances Medata's capabilities but also empowers its clients to navigate the complexities of a rapidly evolving industry landscape, ensuring they remain competitive and well-supported. Ultimately, Medata's dedication to excellence and client service positions it as a trusted partner in the field.

Media

Media

Integrations Supported

AdaptiveGRC
Adobe Analytics
BitSight
Black Kite
Bureau van Dijk Review
Databricks Data Intelligence Platform
Docusign
Google Drive
Jira
LexisNexis Risk Solutions
Microsoft 365
Microsoft Exchange
OneTrust Tech Risk and Compliance
RiskRecon
SAP Cloud Platform
Salesforce
SecurityScorecard
Supply Wisdom
UpGuard
Valence

Integrations Supported

AdaptiveGRC
Adobe Analytics
BitSight
Black Kite
Bureau van Dijk Review
Databricks Data Intelligence Platform
Docusign
Google Drive
Jira
LexisNexis Risk Solutions
Microsoft 365
Microsoft Exchange
OneTrust Tech Risk and Compliance
RiskRecon
SAP Cloud Platform
Salesforce
SecurityScorecard
Supply Wisdom
UpGuard
Valence

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site 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

Medata

Date Founded

1975

Company Location

United States

Company Website

www.medata.com

Categories and Features

Categories and Features

Document Management

Access Controls
Archiving & Retention
Collaboration Tools
Compliance Tracking
Document Archiving
Document Assembly
Document Capture
Document Conversion
Document Delivery
Document Indexing
Document Retention
Electronic Signature
Email Management
File Recovery
File Type Conversion
Forms Management
Full Text Search
Offline Access
Optical Character Recognition
Print Management
Version Control

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