My Analysis of 6 Greatest Third-Occasion Threat Administration Software program

A vendor will get breached. You discover out two weeks later. Now you are caught answering to management with nothing however an outdated spreadsheet and a half-finished danger rating.No person desires that. That’s why I evaluated over 15 platforms to search out the finest third-party danger administration (TPRM) software program for 2025: instruments that detect points early, automate assessments, and maintain vendor danger underneath management with out chasing paperwork.

And the information backs its use case. In accordance with the 2025 Venminder State of Third-Occasion Threat Administration Survey, 87% of organizations imagine there’s worth in investing in TPRM actions. Moreover, 64% are already utilizing devoted platforms to do it. That type of consensus reveals how crucial these instruments have turn into for danger, compliance, and procurement groups alike.

The six platforms that made this checklist stood out for his or her automation, versatile frameworks, and skill to help the whole lot from safety audits to procurement-led evaluations. Whether or not you’re dealing with 20 distributors or 200, these instruments are constructed that can assist you keep compliant with out slowing the enterprise down.

What makes third-party danger administration software program value it?

Threat doesn’t cease after onboarding. A vendor would possibly move the preliminary checks however fall out of compliance six months later, and for those who don’t catch it, your crew is on the hook.

That’s what makes third-party danger administration software program well worth the funding. It’s not nearly organizing vendor knowledge; it’s about staying knowledgeable. The best platform helps you see modifications in vendor danger early, automate follow-ups, and keep away from surprises throughout audits or board evaluations.

It additionally saves time. As a substitute of chasing standing updates throughout departments, TPRM software program offers you a shared system for assessments, scoring, and approvals. Which means fewer delays, clearer accountability, and fewer room for issues to slide by the cracks.

What I prioritized when evaluating third-party vendor danger administration software program 

Not each platform that claims to handle vendor danger is constructed for the real-world strain that comes with it. I thought-about the next components when evaluating the perfect third-party danger administration software program.

• Steady danger monitoring: It’s not sufficient to evaluate a vendor as soon as and transfer on. I seemed for TPRM platforms that provide ongoing visibility. Instruments that monitor modifications in a vendor’s safety posture, monetary well being, or compliance standing and set off alerts when one thing shifts had been excessive on my checklist.
• Automated assessments and follow-ups: Questionnaires are unavoidable, however they shouldn’t be a bottleneck. I prioritized platforms that allow you to automate preliminary assessments, ship reminders, and rating distributors based mostly on pre-set standards. This helps groups transfer quicker whereas nonetheless documenting the whole lot for audit readiness.
• Integration with compliance frameworks: Whether or not you are managing GDPR, HIPAA, SOC 2, or ISO 27001, mapping vendor knowledge to compliance controls is vital. I seemed for instruments that provide native help for widespread frameworks or make it straightforward to construct your individual mapping system.
• Threat scoring and tiering flexibility: Not all distributors carry the identical danger, and your software program ought to replicate that. I gave choice to TPRM instruments that enable for configurable scoring fashions, tiering logic, and conditional workflows based mostly on vendor sort, geography, or service criticality.
• Collaboration and possession monitoring: Vendor danger isn’t owned by one crew. I seemed for platforms that help cross-functional collaboration between procurement, safety, authorized, and compliance, with clear activity possession and standing visibility inbuilt.
• Scalability and value: One of the best third-party danger administration platforms include clear interfaces, customizable dashboards, and versatile deployment fashions that may help small groups or scale with rising vendor ecosystems.

The checklist beneath comprises real person evaluations from the Third-party & Provider Threat Administration Software program class web page. To be included on this class, an answer should:

• Embody normal workflows and templates to evaluate and consider a variety of third-party dangers, together with monetary, authorized, strategic, reputational, moral, info safety, operational, cybersecurity, environmental, and geopolitical dangers
• Embody normal experiences on third-party danger publicity
• Remediate third-party dangers in alignment with inner insurance policies
• Monitor ongoing vendor efficiency and any third-party danger modifications

*This knowledge was pulled from G2 in 2025. Some evaluations could have been edited for readability.

UpGuard is a third-party danger administration platform that helps organizations monitor and consider vendor safety posture at scale. In accordance with G2 Information, it’s mostly utilized in monetary companies, IT companies, and software program, with nearly all of customers coming from mid-market (37%) and enterprise (55%) corporations.

One in every of UpGuard’s mostly talked about advantages is the visibility it supplies into vendor safety. Reviewers stated the platform helped them keep forward of vulnerabilities by highlighting expired certificates, DNS points, and different potential exposures throughout their provide chain. This made it simpler to evaluate which distributors posed probably the most danger and required rapid consideration.

UpGuard’s automated danger scoring was one other standout. A number of customers appreciated that the software might rapidly consider and rank distributors based mostly on exterior danger alerts, making it simpler to prioritize their evaluation course of. Groups managing a big quantity of distributors discovered this particularly beneficial throughout onboarding and periodic reassessments.

Buyer help additionally earned constant reward. Many G2 customers described the help crew as responsive, educated, and simple to work with. A number of highlighted onboarding experiences the place UpGuard’s crew helped information them by implementation and supplied tailor-made recommendation for setup and finest practices.

The interface itself was usually described as intuitive and simple to navigate. Reviewers famous that even crew members and not using a technical background might rapidly perceive the best way to view vendor danger scores and drill into particular points. The readability of the dashboard was regularly highlighted as one of many platform’s prime usability strengths.

That stated, just a few areas stood out as limitations for some groups. Whereas the built-in questionnaire software helped simplify elements of the evaluation course of, a number of reviewers discovered it restrictive when attempting to tailor inquiries to particular distributors or compliance necessities. The shortage of flexibility created further work in circumstances the place customized inputs had been wanted, although groups working standardized assessments appeared much less affected.

Customization additionally got here up as a typical request. Some customers needed extra management over how danger scores had been calculated or how notifications had been configured for various danger occasions. The built-in scoring logic labored nicely for common vendor evaluations, however groups in extremely regulated industries or with distinctive danger fashions discovered themselves wishing for extra flexibility. Nonetheless, most agreed that the default setup offered a stable basis for monitoring exterior danger throughout a rising vendor base.

UpGuard is a robust match for mid-market and enterprise groups that need exterior danger monitoring and clear visibility into third-party safety posture, with out sacrificing ease of use or help high quality.

What I dislike about UpGuard:

• Whereas the software was useful for standardized workflows, some G2 customers felt the questionnaire module didn’t supply sufficient flexibility when attempting to customise assessments for various vendor tiers.
• With customization, reviewers needed extra flexibility in configuring alerts, scoring logic, and workflows. That stated, most felt the out-of-the-box setup nonetheless gave them a stable basis to scale vendor danger applications successfully.

What G2 customers dislike about UpGuard:

“What we dislike at the moment with UpGuard is the limitation to have a number of relationship questionnaires. As a company that has a number of enterprise items, we considered an alternate for now to proceed with the implementation.”

– UpGuard Evaluation, Ghel E.

Vanta is extensively identified for its governance, safety, and compliance (GRC) automation capabilities. Whereas it isn’t constructed solely for vendor danger administration, many G2 customers depend on it to carry third-party visibility into their compliance applications. In accordance with G2 Information, Vanta is mostly utilized by small companies (50%) and mid-market corporations (48%), with adoption concentrated in software program, IT companies, and monetary companies.

Reviewers regularly highlighted Vanta’s automation capabilities. Duties like vendor discovery, proof assortment, doc evaluation, and danger scoring might all be dealt with with minimal handbook enter. Vanta AI performed an enormous position right here, serving to groups save time by responding to safety questions and triggering follow-ups routinely.

The questionnaire builder additionally earned reward for dashing up assessments. Some groups used the built-in templates, whereas others most popular crafting their very own varieties. In both case, reviewers felt the software made it simpler to get the suitable solutions rapidly when evaluating distributors throughout completely different danger tiers.

Usability stood out as one other sturdy level. Many reviewers described the interface as clear and intuitive, permitting each technical and non-technical stakeholders to collaborate on duties like vendor evaluations, compliance checks, and audit prep without having fixed help.

Moreover, Vanta’s rising community of Belief Facilities helped customers confirm first-party knowledge instantly from their distributors, making it simpler to validate safety claims, minimize down on back-and-forth, and preserve a extra correct, up-to-date view of third-party danger.

Most reviewers felt Vanta supplied stable worth out of the field, particularly for core compliance wants. That stated, pricing got here up as a sticking level for some. A couple of customers famous that superior options, like enhanced vendor workflows or added automation, required higher-tier plans, which might stretch budgets for smaller groups. Even so, the truth that half of Vanta’s G2 reviewers come from small companies means that many groups nonetheless discover the platform accessible and well worth the funding.

Integrations drew some combined reactions. Whereas customers appreciated the variety of out there connectors, just a few talked about that setup wasn’t at all times plug-and-play and typically wanted further help. As soon as configured, although, most discovered the integrations reliable for syncing audit and vendor knowledge.

Regardless of these gaps, most agreed that Vanta supplied a robust basis for scaling vendor compliance, significantly for corporations rising their GRC capabilities alongside third-party oversight.

What I dislike about Vanta:

• Whereas many customers discovered long-term worth in Vanta’s automation, some felt the pricing was a bit steep for smaller groups simply getting began.
• The vary of integrations was appreciated, however just a few reviewers stated the preliminary setup wasn’t as easy as they anticipated and infrequently wanted further help.

What G2 customers dislike about Vanta:

“Whereas Vanta simplifies core compliance duties, we’d wish to see deeper remediation steerage, extra intuitive help for vendor danger monitoring, and expanded metrics for govt reporting. Enhancing cross-framework mapping and providing higher controls for AI coverage governance would additionally improve its long-term worth.”

– Vanta Evaluation, Rajat R.

Descartes Denied Occasion Screening helps organizations display suppliers, companions, and different third events towards world watchlists to remain compliant with commerce rules. Based mostly on G2 Information, it’s most generally utilized in extremely regulated industries like aviation, aerospace, and protection, with 32% of reviewers from mid-market corporations and 52% from enterprise organizations.

Probably the most constant strengths reviewers talked about is the platform’s screening accuracy. Many customers stated Descartes made it simpler to vet suppliers towards denied celebration lists and world sanctions databases, serving to them reduce danger throughout onboarding or ongoing due diligence.

This accuracy was additional amplified by automation. As a substitute of manually monitoring entries throughout a number of lists, customers described how Descartes runs steady background checks that flag potential dangers with out disrupting workflows. For groups managing giant vendor volumes, this automated screening helped scale back errors whereas saving important time.

Actual-time alerts had been one other recurring spotlight. A number of customers famous how rapidly the system flagged dangers, giving compliance and commerce groups sufficient time to reply earlier than a transaction progressed. And with built-in ERP and commerce system integrations, Descartes was in a position to ship these alerts as a part of customers’ current workflows.

Help additionally earned reward. Many famous that the crew was fast to help with configuration questions and helped customers confidently navigate the extra advanced features of denied celebration screening.

Having stated that, just a few reviewers identified that false positives had been a recurring problem. In some circumstances, overly delicate matching logic triggered pointless investigations, particularly when working with world entities that had related names. Nonetheless, customers appreciated that match rule thresholds could possibly be fine-tuned with assist from help to scale back these occurrences.

A couple of others talked about that the interface felt dated and could possibly be extra intuitive for first-time customers, although they acknowledged that when the system was configured, it ran easily with minimal intervention.

Descartes Denied Occasion Screening is a robust match for compliance and danger groups in regulated industries who want dependable watchlist protection, responsive help, and automatic screening workflows to attenuate third-party publicity.

What I dislike about Descartes Denied Occasion Screening:

• Some G2 reviewers famous that the software often returned false positives, which added just a few further steps to their evaluation course of.
• Others talked about that whereas the interface bought the job executed, it felt barely dated in comparison with newer platforms.

What G2 customers dislike about Descartes Denied Occasion Screening:

“The convenience of use is the place it nonetheless lags. The interface feels outdated, and it’s not at all times clear the place to go for sure features until you’re utilizing it every day. Since our crew makes use of it just a few instances per week moderately than every day, we regularly discover ourselves re-learning steps or referring again to inner notes. Whereas implementation help was first rate, the onboarding documentation might’ve been clearer. Buyer help is mostly useful and responsive, although it typically takes a follow-up to get an in depth reply.”

– Descartes Denied Occasion Screening Evaluation, Shane D.

Secureframe is finest identified for serving to groups keep audit-ready, however G2 customers additionally depend on it to handle vendor danger extra confidently. In accordance with G2 Information, Secureframe is primarily adopted by small companies (65%) and mid-market corporations (31%), mostly in pc science, IT companies, and monetary companies.

From what I gathered in evaluations, considered one of Secureframe’s most appreciated options is its centralized vendor dashboard. Customers talked about with the ability to entry the whole lot from vendor profiles and evaluation outcomes to connected paperwork and historical past logs in a single tab. For groups managing a number of distributors, this visibility appeared to make an enormous distinction.

I additionally noticed a number of reward for the platform’s steady monitoring capabilities. A number of customers highlighted how Secureframe helps flag unapproved companies accessed through SSO, catching shadow IT distributors earlier than they slip by the cracks. Many additionally talked about organising recurring vendor evaluations, tiered by danger stage, with duties and notifications routed by instruments like Slack and Jira. That automation felt significantly beneficial for fast-moving groups attempting to maintain up with coverage checks.

One other characteristic that stood out was Comply AI, which helps extract related responses instantly from vendor paperwork like SOC 2 experiences or safety insurance policies. The platform then pre-fills safety questionnaires with instructed solutions, giving groups a head begin on vendor evaluations whereas saving hours on handbook evaluations.

Ease of use got here up regularly as nicely. Reviewers throughout technical and non-technical roles stated Secureframe made it straightforward to navigate audits, assessments, and vendor workflows without having intensive onboarding. I additionally noticed a number of mentions of a useful and responsive help crew, which added to the general ease of adoption.

That stated, just a few G2 customers famous restricted flexibility in vendor administration workflows, significantly when attempting to tailor processes for various provider tiers. Others wished the questionnaire module supplied extra customization choices, like dynamic scoring or conditional logic, to raised match advanced danger necessities. Nonetheless, most reviewers felt Secureframe supplied a stable basis for vendor danger monitoring, particularly for groups earlier of their third-party governance journey.

In case you’re in search of an accessible but succesful TPRM answer that mixes automation, AI help, and ongoing monitoring, Secureframe is value contemplating.

What I dislike about Secureframe:

• Some G2 reviewers felt the questionnaire module was a bit inflexible, particularly when customizing assessments for various vendor varieties.
• A couple of G2 evaluations additionally talked about restricted flexibility in how vendor workflows had been structured and managed.

What G2 customers dislike about Secureframe:

“Though the platform addresses nearly all of our necessities, the sheer variety of options could be a bit daunting initially. It might be useful if there have been a better technique to prioritize or conceal options that are not wanted, as this might make it simpler for brand new customers to rise up to hurry extra rapidly.”

– Secureframe Evaluation, Bryan R.

IBM OpenPages is an enterprise-grade GRC platform that features sturdy help for third-party danger administration. In accordance with G2 Information, it’s mostly adopted in industries like pc software program, IT companies, and monetary companies, with most customers coming from small (37%) and mid-sized companies (43%).

A number of reviewers appreciated how configurable the platform was concerning vendor danger processes. I learn in evaluations that groups had been in a position to adapt workflows to match their very own inner insurance policies, regulatory wants, and most popular scoring methodologies. This flexibility prolonged into how customers tracked danger severity, mitigation plans, and associated points throughout vendor relationships, permitting for extra detailed danger modeling with out forcing a one-size-fits-all construction.

OpenPages helps groups handle your entire vendor questionnaire course of in a single place, from creating assessments to sending reminders and reviewing responses. A number of customers stated this diminished the handbook back-and-forth and made it simpler to remain constant throughout distributors. The flexibility to attain responses additionally offered groups with a clearer technique to consider third-party danger and determine who to work with.

One other key theme I observed was how helpful the reporting and dashboard options had been for large-scale visibility. Some customers stated they might group distributors by geography, tier, or enterprise unit, which made it simpler to identify patterns or examine particular points. This was useful for corporations dealing with many third events, the place having a centralized view of vendor hierarchies and danger metrics made oversight easier.

When it comes to technical functionality, OpenPages was additionally famous for its integrations. It will probably join with each enterprise and exterior programs to drag in vendor knowledge, serving to consolidate third-party info right into a unified repository. That consolidation gave customers a clearer image of their complete vendor panorama and improved effectivity in areas like onboarding and efficiency monitoring.

The educational curve did come up as a tradeoff in a number of evaluations. Whereas G2 customers valued the platform’s depth, they famous that it required some ramp-up time, particularly for these with out prior expertise in danger or compliance programs. Regardless of that, most agreed the hassle was worthwhile as soon as groups grew to become accustomed to the system.

Pricing was one other space the place opinions various barely. A couple of reviewers discovered the associated fee to be comparatively excessive for smaller groups. Even so, it appears many corporations continued to depend on OpenPages for its long-term scalability and the extent of management it presents for vendor danger administration.

In case you’re trying to construct a mature, centralized program for monitoring vendor danger, IBM OpenPages presents a excessive diploma of customization, sturdy technical integrations, and help for advanced third-party governance.

What I dislike about IBM OpenPages:

• Some evaluations famous that getting in control might take time, primarily for groups new to GRC platforms. That stated, most agreed the pliability and depth made the training worthwhile as soon as they bought going.
• A couple of customers famous that the pricing felt a bit excessive in comparison with how usually they used the platform. Nonetheless, many felt the worth aligned nicely with the capabilities supplied.

What G2 customers dislike about IBM OpenPages:

“The fee is excessive as in comparison with different GRC instruments, and there are some hurdles in person adoption.”

– IBM OpenPages Evaluation, Vishal D. 

D&B Threat Analytics permits groups to judge provider danger and make extra knowledgeable choices utilizing a mixture of proprietary knowledge and built-in workflows. In accordance with G2 Information, the platform is used most frequently by professionals in IT companies, accounting, and insurance coverage, spanning small companies (25%) to enterprise groups (36%), with the most important section coming from mid-market corporations (38%).

What stood out to me within the evaluations was how a lot customers valued the entry to deep provider intelligence. Many stated the platform gave them the type of monetary and operational perception they couldn’t simply discover elsewhere: AI-driven proprietary danger scores, UNSPSC, parent-child info, and environmental, social, and governance (ESG).

Talking of the platform’s capacity to determine provider dangers and AI-generated danger scores, the software additionally presents SER, SSI, and PAYDEX as key sources for detecting purple flags and rating distributors by publicity ranges. One of these intelligence is especially beneficial for groups managing giant provider networks.

One other usually praised characteristic is the platform’s automated screening workflows. As a substitute of counting on handbook processes, customers described a guided, five-step process that helps determine high-risk suppliers by checking sanctions lists, adversarial media, and extra. A couple of reviewers additionally highlighted enhanced screening choices like Final Useful Possession (UBO) knowledge, which supplies a further layer of element when vetting advanced provider relationships.

G2 customers additionally talked about how straightforward it was to get began with the platform. I got here throughout a number of mentions of quick implementation and minimal technical raise. It appeared like customers had been in a position to arrange monitoring, configure dashboards, and begin monitoring danger with little or no hand-holding. One thing I think about is a big plus for stretched procurement or danger groups.

I additionally noticed belief within the knowledge. Many reviewers stated the depth and accuracy of D&B’s world database made them really feel extra ready throughout provider evaluations and audits. Some talked about that having alerts and monitoring tied to real-time knowledge helped them catch points, like credit score dips or authorized purple flags, earlier than they grew to become actual issues.

That stated, some G2 customers identified challenges with knowledge protection in sure areas, significantly in rising markets. I learn that provider profiles for private or newer companies had been usually sparse or lacking altogether. In some circumstances, customers reported false positives or duplicate entries that made it more durable to belief the automated flags. These limitations didn’t outweigh the advantages for many groups, however they did spotlight the significance of cross-checking insights earlier than taking motion.

Some reviewers additionally stated that pricing felt a bit excessive, significantly for smaller groups. Even so, the platform nonetheless appears to strike steadiness, with customers throughout completely different firm sizes discovering worth in its capabilities.

D&B Threat Analytics is a robust possibility for corporations that need dependable provider knowledge, quick implementation, and a platform that scales with danger and procurement wants.

What I dislike about D&B Threat Analytics:

• Some customers famous that provider knowledge was extra restricted in sure areas, primarily for rising markets, however nonetheless discovered the platform dependable for almost all of their vendor base.
• A couple of reviewers talked about that the pricing could possibly be a stretch for smaller groups or occasional use circumstances, although many nonetheless felt the platform delivered sturdy worth total.

What G2 customers dislike about D&B Threat Analytics:

“Whereas I haven’t got private opinions, some customers might need issues with D&B Threat Analytics, equivalent to excessive prices, a steep studying curve resulting from its complexity, potential over-reliance on knowledge, restricted protection in sure industries or areas, and challenges with integration into current programs.”

– D&B Threat Analytics Evaluation, Abhishek Kumar Y.

In case you’re pondering past vendor danger, right here’s our information to the finest GRC instruments to finish the image.