Best Vendor Risk Management Software with a Free Trial
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Compare the Top Vendor Risk Management Software with a Free Trial as of February 2026
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What is Vendor Risk Management Software with a Free Trial?
Vendor risk management software is software used by organizations to assess and mitigate potential risks associated with their vendors and suppliers. It allows businesses to track and monitor all vendor-related activities, contracts, and relationships in one centralized platform. This software provides features such as vendor performance tracking, risk assessment templates, and compliance monitoring to help companies make informed decisions when selecting or working with vendors. It can also generate reports and alerts for any potential red flags or non-compliance issues. Overall, this software helps businesses streamline their vendor management process and minimize the overall risk exposure from working with external parties. Compare and read user reviews of the best Vendor Risk Management software with a Free Trial currently available using the table below. This list is updated regularly.
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1
Intelex
Intelex Technologies
Intelex is an integrated software solution for managing Environmental, Health, Safety and Quality (EHSQ) programs. Intelex’s scalable platform is designed to store, manage and analyze EHS and Quality data in one place. The solution works on any device to meet the realities of your workplace. With Intelex, your organization can: - Drive better results in your EHSQ program by monitoring workflows to achieve top performance and gain control. - Identify trends and tendencies by setting goals to gain greater insight into your EHSQ program to enhance judgement. - Reduce incidents and administrative work by easily monitoring, managing, optimizing and drawing insights from your safety data with our user-friendly safety software solution. - Streamline air, water and waste emissions management and reporting, and track and manage environmental outputs to achieve sustainability goals. - Drive continuous quality improvement activities across multiple departments, sites or locations. -
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eBuyerAssist
Eyvo eProcurement
eBuyerAssist by Eyvo is an AI-powered, cloud-based eProcurement platform designed to help organizations of all sizes transform the way they manage procurement. Fully modular and scalable, it intelligently automates the entire procurement lifecycle — from requisition to fulfillment — reducing manual work, improving accuracy, and accelerating decision-making. Powered by embedded artificial intelligence, eBuyerAssist doesn’t just digitize procurement — it optimizes it. Key AI-Driven Capabilities Include: 1. AI-Enhanced Strategic Sourcing 2. Smart Supplier & Contract Management 3. Intelligent Inventory & Warehouse Management 4. Automated Approval Workflows & Purchase Orders 5. AI-Assisted Invoice Matching & Vendor Credit Checks 6. Proactive Risk Analysis & Compliance Monitoring Organizations gain greater visibility, tighter control, and smarter procurement decisions powered by AI. eBuyerAssist helps you move from reactive procurement to data-driven procurement.Starting Price: $39.00/month/user -
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procurence meercat
Procurence
Procurence Meercat seamlessly connects Procurement, Quality Management and Compliance / HSE departments. We help companies create transparency in their supplier base, decrease supply chain risk and streamline internal supplier management and communication processes to lower the overall cost of procurement. Our award-winning software is perfect for fast-growing manufacturing companies with multiple ERP systems and a growing product range, as well as project-based companies (renewables/wind/construction). Procurement-oriented functions. Supplier Management and Development. Supply Chain Compliance / Audits. Supplier Risk Management. Savings Management. Compensation Claims, contracts, etc. Commodity Management. Production Tool Mgt. Supplier Portal. Part Profiles, New Product Introduction & Target Costing. Quality-oriented functions. Non-Compliance Reports / 8D. Global Part Approval Process (PPAP/APQP). Total Quality Score.Starting Price: $500/month/business unit -
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Vendifi
Vendifi
Vendifi is a cutting-edge third-party risk management (TPRM) platform built for regulated industries like healthcare, finance, and government. Designed to simplify vendor compliance, Vendifi automates the entire due diligence process—from creating regulatory-compliant questionnaires to distributing them, chasing third parties for documentation, and validating responses. Alongside automated due diligence, Vendifi provides advanced cybersecurity monitoring, including real-time threat detection, vulnerability assessments, and ransomware alerts. Built on Microsoft SharePoint and Azure, Vendifi integrates seamlessly with your existing ecosystem, ensuring data security and compliance within your Office 365 environment. Whether you're managing 10 vendors or 10,000, Vendifi scales with your needs, offering a centralized solution for third-party risk management, compliance tracking, and vendor lifecycle management.Starting Price: $11499/annual -
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StandardFusion
StandardFusion
A GRC solution for technology-focused SMB and Enterprise Information Security teams. StandardFusion eliminates spreadsheet pain by using a single system of record. Identify, assess, treat, track and report on risks with confidence. Turn audit-based activities into a standardized process. Conduct audits with certainty and direct access to evidence. Manage compliance to multiple standards; ISO, SOC, NIST, HIPAA, GDPR, PCI-DSS, FedRAMP and more. Manage vendor and 3rd party risk, and security questionnaires easily in one place. StandardFusion is a Cloud-Based SaaS or on-premise GRC platform designed to make InfoSec compliance simple, approachable and scalable. Connect what your organization does, with what your organization needs to do.Starting Price: $1800 per month -
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Fusion Framework System
Fusion Risk Management
Fusion Risk Management's software, the Fusion Framework System, enables you to understand how your business works, how it breaks, and how to put it together again. Our platform provides easy, visual, and interactive ways to explore every aspect of your business so you can identify single points of failure and key risks. Achieve resilience with greater speed and efficiency with Fusion’s flexible and integrated suite of platform capabilities that can be tailored to best fit the needs of your organization. We meet you wherever you are on your journey for more resilient operations. - Map critical service and product delivery processes as they actually are - Leverage objective risk insights that help you audit, analyze, and improve your business operations - Plan, orchestrate, and measure risk management and resilience activities with confidence - Leverage automation to reduce the burden of manual, time-consuming, repetitive tasks, freeing teams for higher value activities -
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Responsive
Responsive
Responsive (formerly RFPIO) is the global leader in strategic response management software, transforming how organizations share and exchange critical information. Our commitment to product innovation and customer success empowers companies to accelerate growth, mitigate risk and improve the employee experience by leveraging intelligent technologies to quickly and accurately manage RFPs, RFIs, security questionnaires (VSQs), due diligence questionnaires (DDQs), risk assessments and all other complex information requests (RFXs). With Responsive, frontline teams deliver superior responses by automating the completion of questionnaires, documents and spreadsheets while collaborating with stakeholders, improving processes with data insights, and quickly accessing approved content across popular business applications. -
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Z2Data
Z2Data
Get instant access to 1 Billion+ components' data ranging from lifecycle status, lifecycle forecast, regulatory compliance, market availability, cross references and more. Easily upload your Bill of Materials and Approved Vendor Lists to run detailed reports and risk analyses. Exporting data to a variety of formats is simple and you can even automatically integrate with leading PLM tools. Monitor your supply chain instantly by mapping your components to suppliers' manufacturing sites such as FABs, factories and assemblies. Compare location site risk and conduct disaster mitigation planning easily with Z2Data's Risk Scores for supply chain. What-if analysis for supplier sites enable you to prepare for disaster recovery and comply with business continuity goals. Manage supplier selection risk by accessing data on over 20,000+ suppliers.Starting Price: Custom Options Available -
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Onspring
Onspring GRC Software
Onspring is an award-winning GRC automation and reporting software. Our SaaS platform is known for flexibility and ease of use for end-users and administrators. Simple, no-code, drag-and-drop functionality makes it easy to create new applications, workflows, and reports independently without IT or developers. - Manage a centralized risk register with multiple hierarchies - Keep tabs on financial impacts & probabilities based on risk tolerance - Capture & relate financial, operational, reputational & third-party risks - Map controls to regulations, frameworks, incidents & risks - Remediate findings through workflows or the POA&M process Ready-made products get you started in as quickly as 30 days: - Governance, Risk & Compliance Suite - Risk Management - Third-party Risk - Controls & Compliance - Audit & Assurance - Policy Lifecycles - CMMC - BC/DR FedRAMP moderate environment available.Starting Price: $20,000/year -
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ThirdPartyTrust
ThirdPartyTrust
TPRM by ThirdPartyTrust is your one pane of glass risk dashboard: An end-to-end document repository and workflow automation tool to scale your vendor risk management program. Leverage a network of 17,000+ existing vendor profiles to fast forward your reviews and stay proactive with continuous monitoring. Beacon is the one source of truth for third party vendors: A centralized security profile comprising all your questionnaires, certifications, and attestations. Answer them once and easily share the latest versions any time your team receives a security assessment request. The tool will help you manage your end-to-end process, reducing the time spent on requesting and reviewing security documents.Starting Price: $120000.00/year -
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CanQualify
CanQualify
A better way to qualify and manage suppliers, contractors, sub-contractors, and vendors. CanQualify is a cloud-based service that provides supplier risk management and compliance through pre-qualification, data collection, employee assessments, and audits. Our goal is to collaborate with our clients to build an evergreen platform that provides the necessary qualification tools that can be modified when needed to meet current and future needs. A well-informed supply chain builds teamwork, lays the groundwork for improved culture, and is one of the keys to reducing and eliminating incidents. We challenge the status quo of supplier management and provide a simpler, customizable, adaptable, and cost-effective alternative. With CanQualify, hiring clients can rest easy knowing their contractors, vendors, and suppliers comply with safety and sustainability requirements.Starting Price: $99 annually -
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RiskRate
NAVEX
Effectively reduce risks with RiskRate by NAVEX, third-party risk management and compliance solution. RiskRate, a part of the NAVEX One platform, enables users to monitor vendor due diligence to avoid and reduce high risks. With RiskRate, users are able to conduct third-party background checks. RiskRate also provides users with a risk management program with centralized onboarding, screening, and third-party monitoring features.Starting Price: $5000.00/year -
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Riskpro
Riskpro India
Third party risk management (TPRM) is a structured approach to analyze and control risks arising to the organization from third parties. Mainly third parties are: Vendors Customers Joint ventures Counterparties Fourth Parties Third-party relationships can be a significant source of enterprise risk. The propagation of third-party partners, regulatory pressure, and the complexity of cyber-related risks has led companies to dedicate more time and attention to the potential risks by third parties. They enable companies to be flexible and competitive in a global business environment. These relationships often allow companies to delegate important tasks so that they can focus on their core competencies. With the benefits gained from third parties comes related risks that pose significant threats to a business, such as cyber breaches, business continuity challenges, or reputational damage.Starting Price: $750 per year -
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Blue Umbrella GRC
Blue Umbrella
Identify and manage third-party risk. A modular, best-in-class, plug & play compliance platform to effectively manage multiple areas of third-party risk. Buy Only What You Need. Blue Umbrella GRC is designed to scale as your third-party risk management program matures and expands. Get started today with one module or create a bundle and build from there. Streamline your data. Forget using multiple tools and systems to manage third-party risk. Blue umbrella grc centralizes it all. Get started today. Sign up online and get started within minutes with a hassle-free setup and friendly user interface. Trusted expertise. Tap into the gold standard of third-party risk management questionnaires, including anti-bribery and corruption, data privacy, ccpa, it security and more. Automate the process Each module is built so you can easily identify risk in your vendor relationships and take actionable steps to remediate.Starting Price: $325 per month -
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RiskProfiler
RiskProfiler
RiskProfiler offers a comprehensive suite of products for Continuous Threat Exposure Management, addressing an organization's external attack surface. These include the Cyber RiskProfiler for cyber risk ratings, Recon RiskProfiler for External Attack Surface Management (EASM) capabilities, Cloud RiskProfiler for Cloud Attack Surface Management (CASM) that identifies actually exposed cloud resources and prioritizes risks, and Brand RiskProfiler for brand protection. Recon RiskProfiler is an advanced EASM and CASM solution with robust integrations across major cloud providers like AWS, Azure, and Google Cloud. It delivers comprehensive visibility into external cloud resources, enabling efficient identification, assessment, and management of vulnerabilities and risks. Vendor RiskProfiler is a comprehensive Cyber Risk and Vendor Risk Management solution that delivers company cyber risk ratings while enabling efficient sending, receiving, and validation of third-party vendor security.Starting Price: $4999 -
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Enzuzo
Enzuzo
Build customizable cookie banners, record user consent, inform visitors of their privacy rights, and manage data deletion requests with a simple, low-code solution. Affordable privacy compliance solutions, even for businesses with dozens of domains and advanced needs. Sub-1-hour response time for all support tickets with privacy engineers on hand to manage technical questions. Enzuzo’s core legal policies update automatically in parallel with new regulatory guidelines, saving you from compliance headaches. Enzuzo’s data privacy platform streamlines your most challenging requirements. Minimize regulatory risks, avoid fines, and free your team from non-revenue tasks. Built-in data privacy compliance dashboards for risk assessment, data access requests, and consent management. The in-house team of privacy engineers and compliance experts as your privacy co-pilots. Data mapping and data governance workflows.Starting Price: $9 per month -
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UpGuard
UpGuard
The new standard in third-party risk and attack surface management. UpGuard is the best platform for securing your organization’s sensitive data. Our security ratings engine monitors millions of companies and billions of data points every day. Continuously monitor your vendors, automate security questionnaires, and reduce third and fourth-party risk. Monitor your attack surface, prevent data breaches, discover leaked credentials, and protect customer data. Scale your third-party risk program with UpGuard analysts, and let us monitor your organization and vendors for data leaks. UpGuard builds the most powerful and flexible tools for cybersecurity. Whether you’re looking to prevent third-party data breaches, continuously monitor your vendors, or understand your attack surface, UpGuard’s meticulously designed platform, and unmatched functionality helps you protect your most sensitive data. Hundreds of the world’s most data-conscious companies are scaling faster and more securely.Starting Price: $5,249 per year -
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Sphera Supply Chain Risk Management helps you proactively identify, assess and mitigate supply chain risk. You need to master supply chain risk management—we can help. The Sphera Supply Chain Risk Management Solution helps you proactively identify, analyze and mitigate all types of supply chain risk. You can turn risk into opportunity to rise above the competition—and we can help. Prevent risk from costing you by strengthening your categories with Impact Analyzer. Assess supplier criticality and detect vulnerabilities at the category. Save valuable time by making the right moves with Action Planner. Collaborate across your organization and with your suppliers to proactively mitigate risk. For certain areas of your risk exposure, your suppliers themselves are the only ones who can provide the answers. This is where you need a professional. Establish a new level of collaboration by inviting your suppliers to join you in the next frontier of supply chain risk visibility.
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KCM GRC Platform
KnowBe4
You have challenging compliance requirements, not enough time to get audits done, and keeping up with risk assessments is a continuous problem. The KCM GRC platform helps you get audits done in half the time, is easy to use, and is surprisingly affordable. Reduce the time you need to satisfy requirements to meet compliance goals with pre-built requirements templates for the most widely used regulations. Save time when you manage distribution of policies and track attestation through campaigns. Simplify risk initiatives with an easy-to-use wizard with risk workflow based on the well-recognized NIST 800-30. Easily prequalify, assess, and conduct remediation to continually monitor and keep track of your vendors’ risk requirements. KCM effectively reduces the time you need to satisfy all of the requirements necessary to meet risk and compliance goals. Spend significantly less time and money when dealing with your compliance and audit initiatives. -
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SecurityScorecard
SecurityScorecard
SecurityScorecard has been recognized as a leader in cybersecurity risk ratings. Download now to see the new cybersecurity risk rating landscape. Understand the principles, methodologies, and processes behind how our cybersecurity ratings work. Download the data sheet to learn more about our security ratings. Claim, improve, and monitor your scorecard for free. Understand your vulnerabilities and make a plan to improve over time. Get started with a free account and suggested improvements. Gain a holistic view of any organization's cybersecurity posture with security ratings. Leverage security ratings for a variety of use cases, including risk and compliance monitoring, M&A due diligence, cyber insurance underwriting, data enrichment, and executive-level reporting. -
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Allgress
Allgress
Allgress strives to provide the best Risk Management solutions and your feedback can help us be better. We invite you to add your voice to the mix by creating a new or updating an existing review. Evaluate our IT Risk Management and/or IT Vendor Risk Management Tools solutions on Gartner Peer Insights. In 15 minutes or less, help your peers find the best Risk Management Solutions. -
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Panorays
Panorays
The fastest way to securely do business together. Automating Third Party Security Lifecycle Management. Gain a 360° view of the supplier through a combination of the hacker’s view and internal policy. The hacker’s view tests the posture just like a hacker would evaluate a company. The internal policy ensures that the supplier complies with security policies and practices. The most seamless end-to-end third party security workflow solution. Panorays’ rapid security ratings are based on an “outside-in” simulated hacker’s view of assets, combined with an “inside-out” view that checks that the supplier adheres to your internal company security policies. Panorays’ automated customized security questionnaires include only the questions that are relevant for each supplier, and you can track progress with a click. Choose from a built-in template or create your own. -
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Beroe LiVE.Ai
Beroe
Beroe LiVE.Ai is an AI-Powered Procurement Intelligence Platform that helps companies minimize risk and maximize opportunities with intelligence, data, and alerts across 1,600+ sourcing categories. Beroe LiVE.Ai can help companies: 1) Discover Market Information: Get market data for 1,600+ categories (more than 95% of NAICS spend codes are covered globally). 2) Manage Supply Risk: Determine the impact of event-led disruptions on supply chains along with multi-tier supplier mapping and associated risks. 3) Measure Category Performance 4) Track Category Cost & Prices: Monitor and forecast real-time price changes across products, services, and commodities on a real-time basis. 5) Discover Suppliers: Identify suppliers from our database of more than 4.2 million suppliers. 6) Get Category Alerts 7) Improve Your Supply Chain Visibility 8) Monitor Supplier Carbon Footprint 9) Build Skills 10) Ask Abi Anything (AI-powered digital market analyst) -
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Nexis Entity Insight
LexisNexis
Upload and monitor your suppliers, customers, vendors and other business partners to gain a holistic view of your third-partner networks. Set your risk scoring to quickly identify potential issues or areas of concern that are specific to your organization’s needs. Use the dashboard to capture a snapshot view of potential third-party risks you may face and identify any emerging risk trends from the business partners and entities you depend on. Integrate risk monitoring into your CRM, SCM or other internal business systems using risk-focused RSS feeds to gain actionable business intelligence. Stay ahead of the most pressing concerns for your organization with custom-tailored monitoring reports and alerts. Build resilience and protect your business from third-party risk with customized risk monitoring. -
25
Triplicity
Phinity Risk Solutions
With Triplicity’s powerful cloud software, you can easily automate your third-party risk management. Our third-party risk manager helps ensure that your company’s risks are fully understood and well managed, applying a risk-based approach to your third-party vendors. Triplicity automates all your processes, dramatically reducing your risk and improving strategic relationships with your key third-party vendors. Compare and rate your third parties by risk, category, business unit, or even the application of their agreed service. Improve reliability and reduce your risk by ensuring you continue to work only with parties that comply with industry best practices. Improve your performance by running several thousand third-party assessments simultaneously, and ensure all parties are assessed. Triplicity is an IT Vendor Risk Management (IVRM) solution with a difference. We first profile each third party to provide their inherent risk specific to your business. -
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DoubleCheck
DoubleCheck Software
DoubleCheck Risk Management system is a powerful, cloud-based platform for managing enterprise risks independently or in an integrated governance, compliance, and audit suite. Highly flexible and fully configurable, DoubleCheck’s Enterprise Risk Management software enables all stakeholders to identify, manage, and rate diverse risks that arise from various sources. Some key benefits of DoubleCheck Risk Management system include policy and document management, testing, issue creation, and the ability to carry out risk surveys to establish status. Record, monitor and review vendors or partners that interact with a firm. Vendors and suppliers are critical to your business’s success. It is important that we know everything about them and can also be prepared in case these third parties are not up to expectations or fail to perform, which can have a negative effect on your operations, profitability, and good reputation. -
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Whistic
Whistic
The best way to assess, publish, and share vendor security information. Automate vendor assessments, share security documentation, and create trusted connections—all from the Whistic Vendor Security Network. Once companies start using Whistic, they can’t imagine how they managed vendor security assessments or responded to questionnaire requests before. Avoid the black box security reviews of the past by openly sharing vendor security requirements and publishing profiles. Focus on establishing trust rather than chasing down spreadsheets. Initiate assessments, assign inherent risk, engage vendors, calculate risk scores and trigger reassessments—automatically. In the fast-paced business environment we’re living in, no one has time for the slow, outdated security review processes of the past. Access the security posture of thousands of businesses immediately with Whistic. -
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Venminder
Venminder
Venminder is loaded with all the features you need for effective third-party risk management. Complete inherent risk assessments to determine which of your vendors require attention. Streamline the onboarding, ongoing management and offboarding of your vendors with dedicated workspaces. Manage each stage in our purpose-built configurable software platform. Risk assessments are an extremely important activity to complete on your vendor's products as they provide you with the level of risk a product will or is posing to your organization. The Venminder platform enables you to create custom risk assessment questions, invite unlimited internal users to contribute answers, apply scoring preferences, create clear and concise risk rating reports and more. Features also include template creation, progress monitoring and residual risk capabilities. -
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Proof&Trust
Proof&Believe LLC
We’ve dedicated 6 years to crafting the perfect algorithm for vendor risk assessment. This algorithm has been meticulously refined and enhanced with cutting-edge AI technologies, ensuring unparalleled accuracy and efficiency. Vendors provide evidence and answer 32 straightforward questions covering various aspects of their operations, compliance, and security measures. With our user-friendly interface, 95% of vendors complete the assessment in under 30 minutes, minimizing disruption to their operations. Our algorithm thoroughly analyzes vendor-provided evidence and responses, leveraging AI to identify risks, vulnerabilities, and compliance issues. Businesses receive a comprehensive report with actionable insights and recommendations, enabling informed decision-making and proactive risk management. -
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Veriforce
Veriforce
Veriforce® is a recognized leader in delivering comprehensive, integrated supply chain risk management solutions that help bring workers home safely and optimize business performance. The company’s SaaS safety and compliance platform, data integrity and verification practices, and standardized safety training programs empower leading organizations to drive safety and compliance into their supply chains and down to the worker level. As the world’s largest supply chain risk management network, Veriforce partners with over 3,200 hiring companies in over 130 countries, serving more than 80,000 contractors, over 7,000 authorized instructors and evaluators, and millions of individual workers. This network makes Veriforce the preferred partner for companies that strive to ensure a safe, qualified third-party workforce. Company offices are in the U.S., Canada, South Africa, and the United Kingdom. For more information, visit veriforce.com.
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