The TrustArc Vendor Risk Management solution provides a centralized place and method to collect, maintain and track critical data for ongoing vendor management.
The solution enables companies to assess vendors, evaluate and monitor vendor risk, track ongoing vendor status and report on key compliance metrics.
Data Inventory Hub – A module of the TrustArc Platform that allows you to inventory, track and collect information on your vendors
Assessment Manager – A module of the TrustArc Platform that allows you to assess vendor risk and status; manage workflow and tasks; and conduct ongoing monitoring of vendors
Vendor Assessment – Created by TrustArc privacy experts and completed by your vendors in Assessment Manager, this customizable assessment helps you document critical vendor information and assess vendor risk
Consulting – Our experienced privacy consultants can help you understand your regulatory environment and risks; design your vendor management program; define your risk scoring model and vendor prioritization; and develop policies and procedures
Dashboard – Track vendor risk and trends – i.e. vendor location, number of assessments, aging assessments
Compliance reports support vendor management efforts with visibility into assessment outcomes, trends and metrics
Customizable vendor assessment, created by TrustArc privacy experts and completed by your vendors,
helps you document critical vendor information and assess vendor risk
Supports compliance with laws and regulations (CCPA, GDPR, etc.) that have vendor provisions
Helps companies avoid fines and other consequences of vendor non-compliance
Leverages the TrustArc customizable vendor assessment – no need to develop one from scratch
Easy to use for both companies and vendors