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What is Vetrail?

Vetrail is an innovative cloud solution aimed at managing operational and vendor risks, specifically tailored for teams that have advanced beyond basic spreadsheet usage but do not have a dedicated risk management system in place. It boasts an internal risk register that not only includes industry-specific risk entries but also standard baseline ratings, allowing teams to efficiently identify, assess, treat, assign, and monitor risks. Moreover, a control register is available to track protective measures, detailing their impact on risk ratings, responsible individuals, and scheduled tests. The vendor register organizes suppliers and sends out either 24-question or 54-question surveys to ensure uniform scoring of the answers, while also automating reminders for reassessment and flagging issues as needed. Teams can define their risk appetite and evaluate both internal and vendor risks accordingly. Records can be exported in CSV or PDF formats, and users have access to a full JSON backup of their data. The free tier supports up to 15 active vendors and five participants in the workspace, offering unlimited assessments to aid growing teams in their risk management processes. Additionally, Vetrail's intuitive interface streamlines the risk management workflow, making it user-friendly for individuals with varying levels of expertise in risk management, thus promoting better decision-making and collaboration among team members. This combination of features not only enhances risk visibility but also fosters a proactive approach to risk mitigation.

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.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

$0/month
The Free plan costs $0/month and includes up to 15 vendors, five workspace members, and unlimited assessments. Vetrail has no paid tier.
Free Version

Pricing Information

$750 per year
Free Version
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Webinars
Online Training

Company Facts

Organization Name

Vetrail

Date Founded

2026

Company Location

Canada

Company Website

vetrail.io

Company Facts

Organization Name

Riskpro India

Date Founded

2011

Company Location

India

Company Website

www.riskpro.in

Categories and Features

Risk Management

Not specified

Categories and Features

GRC

Environmental Compliance
IT Risk Management
Incident Management
Internal Controls Management
Operational Risk Management

Risk Management

Alerts/Notifications
Auditing
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Operational Risk Management
Reputation Risk Management
Response Management
Risk Assessment

Vendor Management

Audit Management

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