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What is Riskpro?
Third-party risk management (TPRM) establishes a comprehensive framework to assess and reduce the risks organizations encounter through their relationships with external entities. These external entities typically encompass vendors, clients, joint ventures, counterparties, and other related parties. Partnering with third parties can lead to significant enterprise risks, particularly as the number of collaborations grows, regulatory oversight intensifies, and the complexity of cyber threats increases. Consequently, organizations are placing greater emphasis and resources on understanding and addressing the potential dangers linked to these third-party connections. Although such affiliations can foster agility and competitiveness in the global marketplace, they also allow companies to delegate essential functions, enabling them to focus on their primary competencies. Nonetheless, the benefits associated with third parties are accompanied by substantial risks, including the threat of cyberattacks, interruptions to business continuity, and potential harm to reputation, all of which can critically affect a company's overall viability. Therefore, it has become vital for businesses to strike a careful balance between the advantages and hazards of third-party relationships to ensure effective enterprise risk management. In this evolving landscape, organizations must remain vigilant and proactive in their risk assessments to safeguard their interests and sustain long-term success.
What is Contingent?
Improve your global due diligence practices by either integrating your existing database or easily sifting through millions of entities to access verified and compliant ownership details, financial data, certifications, and a plethora of other relevant information. This strategy enables your team to spot potential risks across your entire supply chain or network of third-party partners while maintaining compliance with regulatory standards. Streamline your operations with real-time alerts that notify you when any supplier or third party encounters risks. By defining specific tolerance levels, disruption events, or key metrics for tracking, you can uncover vital data and receive updates through your chosen communication channels. Furthermore, you can gain valuable insights and identify efficiencies that result in cost savings, all while having detailed reporting readily available, thus speeding up your digital transformation journey in a financially savvy way. Additionally, implementing a systematic approach that aligns with your compliance requirements can further strengthen your organization’s adherence to regulations, ultimately fostering a more robust risk management framework. This comprehensive enhancement not only optimizes your due diligence but also empowers your team to make informed decisions with greater confidence.
Integrations Supported
Microsoft SharePoint
SAP CRM
Salesforce
API Availability
Has API
API Availability
Has API
Pricing Information
$750 per 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
Riskpro India
Date Founded
2011
Company Location
India
Company Website
www.riskpro.in
Company Facts
Organization Name
Contingent
Company Location
United Kingdom
Company Website
www.contingent.ai/
Categories and Features
GRC
Auditing
Disaster Recovery
Environmental Compliance
IT Risk Management
Incident Management
Internal Controls Management
Operational Risk Management
Policy Management
Risk Management
Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment
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
Compliance
Archiving & Retention
Artificial Intelligence (AI)
Audit Management
Compliance Tracking
Controls Testing
Environmental Compliance
FDA Compliance
HIPAA Compliance
ISO Compliance
Incident Management
OSHA Compliance
Risk Management
Sarbanes-Oxley Compliance
Surveys & Feedback
Version Control
Workflow / Process Automation
Procurement
Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management