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What is RiskRate?

RiskRate, developed by NAVEX, serves as a comprehensive solution for managing compliance and risk associated with third-party vendors. This innovative tool enables users to keep track of vendor due diligence and mitigate risks effectively. As an integral component of the NAVEX One GRC platform, RiskRate facilitates thorough background checks on third-party entities. Additionally, it offers a robust risk management system that encompasses centralized screening processes, efficient onboarding, and ongoing monitoring of third-party relationships, ensuring a proactive approach to risk management. By utilizing RiskRate, organizations can enhance their overall compliance efforts while safeguarding against potential threats.

What is Creative Vendor Management?

Groundbreaking Vendor Management Software equips organizations with a powerful means to oversee their vendor relationships while providing a thorough understanding of potential vendor risks. Its capabilities include vendor due diligence, comprehensive risk assessments, contract evaluations, and ongoing monitoring. In contrast, social intranets exhibit two key characteristics; firstly, they allow every employee to engage by contributing content, from simple comments on news articles to input on company blogs. Secondly, the emphasis of social intranets lies on fostering connections among people rather than solely focusing on the content they generate. Companies that excel in their sectors did not achieve success by chance; they strategically built teams that excel. Employee engagement is pivotal in this regard. By centralizing all vendor-related information in a single, easily accessible platform, organizations can swiftly retrieve crucial data, which not only simplifies the decision-making process but also significantly improves its quality. As a result, businesses are empowered to make well-informed decisions that propel their growth and success even further. Engaging employees effectively while managing vendors creates a sustainable competitive advantage in today's dynamic market environment.

Media

Media

Integrations Supported

Moody's Analytics
NAVEX One

Integrations Supported

Moody's Analytics
NAVEX One

API Availability

Has API

API Availability

Has API

Pricing Information

$5000.00/year
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

NAVEX

Date Founded

2004

Company Location

United States

Company Website

www.navex.com/en-us/products/navex-ethics-compliance/riskrate-third-party-screening-monitoring/

Company Facts

Organization Name

Creative Web Solutions

Date Founded

2006

Company Location

India

Company Website

www.creativesocialintranet.com

Categories and Features

Vendor Management

Audit Management
Contact Management
Customer Database
Self Service Portal
Supplier Master Data
Transaction History
Vendor Maintained Profiles
Vendor Managed Inventory
Vendor Performance Rating
Vendor Qualification Tracking

Categories and Features

Vendor Management

Audit Management
Contact Management
Customer Database
Self Service Portal
Supplier Master Data
Transaction History
Vendor Maintained Profiles
Vendor Managed Inventory
Vendor Performance Rating
Vendor Qualification Tracking

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