ProcessUnity Vendor Cloud is a software-as-a-service (SaaS) application that identifies and remediates risks posed by third-party service providers. The cloud-based solution automates key phases of the third-party risk management lifecycle, including:
- Vendor onboarding
- Vendor due diligence
- Vendor self-assessments
- On-site vendor control assessments
- Vendor performance reviews
- Vendor contract reviews
- Vendor SLA monitoring
- Vendor issue management
Combining powerful vendor management tools with automated assessments and dynamic reporting, Vendor Cloud eliminates unwieldy spreadsheets and simple surveys, streamlining the process for you, your vendors, and your regulators.
With third-party risk automation, you can easily and efficiently minimize the risk to your valuable intellectual property and sensitive customer data while also meeting the increasingly stringent regulatory requirements of your industry.
Watch the video demonstration to learn more about ProcessUnity Vendor Cloud.