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What is Trustpair?

Trustpair is recognized as a leading platform for overseeing third-party risks and preventing payment fraud in the finance departments of medium-sized to large enterprises. It provides secure options for updating or adding third-party entities, guaranteeing prompt validation of banking information on a global scale, and monitoring both individuals and corporate entities. Users have the flexibility to import data either one by one or in bulk, which helps minimize entry errors and keeps a detailed log of all verifications performed. Trustpair partners with reputable firms that support financial teams in mid-cap and large companies as they address wire transfer fraud and streamline their processes. With Trustpair, organizations can reliably verify that payments are directed to the correct third party and the appropriate bank account, simplifying the overall procedure. Moreover, Trustpair’s cutting-edge solution optimizes the confirmation of third-party banking information throughout the entire procure-to-pay cycle, from the moment data is entered into the third-party register to the successful completion of payment operations. This all-encompassing strategy not only bolsters security but also enhances the efficiency of financial transactions, ultimately contributing to a more robust financial environment. By leveraging Trustpair, companies can navigate the complexities of financial management with greater ease and assurance.

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.

Media

Media

Integrations Supported

Datalog TMS
Moody's Analytics
NAVEX One
Rayven
SAP Cloud Platform
SAP Store

Integrations Supported

Datalog TMS
Moody's Analytics
NAVEX One
Rayven
SAP Cloud Platform
SAP Store

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$5000.00/year
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

Trustpair

Date Founded

2017

Company Location

France

Company Website

trustpair.com

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/

Categories and Features

Fraud Detection

Access Security Management
Check Fraud Monitoring
Custom Fraud Parameters
For Banking
For Crypto
For Insurance Industry
For eCommerce
Internal Fraud Monitoring
Investigator Notes
Pattern Recognition
Transaction Approval

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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