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What is Vendorapp?

Vendorapp emerges as a powerful and fully automated solution designed for the management of vendor and supplier risks, integrating multiple functions such as vendor discovery, continuous risk assessment, contract lifecycle oversight, compliance onboarding, and strategic reporting into an intuitive and user-friendly interface. With its one-click vendor assessments, Vendorapp Intelligence conducts real-time evaluations based on diverse criteria, including sanctions, blacklists, ESG metrics, security posture, exposure risks, and contract availability, all supported by comprehensive global screening databases and a vast repository of 22 million vendor assets. Users can easily search using a name or URL, incorporate their preferred vendors, and receive timely alerts about critical deadlines such as expirations, cancellations, or breaches through an interactive contract calendar. This automated assessment mechanism adeptly combines risk management with operational effectiveness, while the smart contract management feature facilitates the extraction of essential details such as key terms, contract type, value, and renewal or cancellation deadlines from uploaded files. Additionally, the platform's sophisticated functionalities ensure organizations maintain compliance and stay well-informed, solidifying its position as an indispensable tool for contemporary risk management. By providing a seamless experience, Vendorapp not only enhances efficiency but also empowers businesses to make informed decisions regarding their vendor relationships.

What is Triplicity?

With Triplicity's innovative cloud platform, you can significantly enhance your third-party risk management workflows with ease. Our specialized tool for third-party risk management ensures that your organization not only identifies but also effectively addresses risks linked to external suppliers through a strategy centered on risk assessment. By automating a variety of processes, Triplicity greatly reduces your vulnerability to risks while fostering stronger partnerships with vital third-party collaborators. You have the ability to assess and categorize your third-party vendors based on multiple factors, including risk severity, type, business sector, or their compliance with contractual obligations. To maintain reliability and mitigate risks, it is crucial to engage only with partners who meet rigorous industry standards. Moreover, you can boost your operational efficiency by simultaneously conducting thousands of evaluations of third parties, guaranteeing comprehensive assessments of all vendors involved. Triplicity distinguishes itself as a unique IT Vendor Risk Management (IVRM) solution by starting the evaluation process with a detailed profiling of each third-party entity to determine their specific risk level in relation to your organization. This personalized method not only provides deeper insights into possible weaknesses but also promotes informed and strategic decision-making in managing third-party connections, ultimately leading to more secure and productive collaborations. Additionally, Triplicity empowers organizations to proactively adapt their vendor management strategies in response to the ever-evolving risk landscape.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

$149 per month
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

Vendorapp

Date Founded

2024

Company Location

United Kingdom

Company Website

www.vendorapp.co

Company Facts

Organization Name

Phinity Risk Solutions

Company Location

Ireland

Company Website

www.phinityrisk.com/triplicity/

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