Bring due diligence, screening, monitoring and third-party review into one connected platform with NAVEX One Third-Party Risk Management software. From onboarding to renewal, your team can manage third-party risk with clearer oversight over the full partnership lifecycle and data intelligence from across your organization.
See third-party compliance, operational and IT risk more clearly and make higher-risk partners easier to identify
Keep due diligence, screening, follow-up and ongoing monitoring moving with less manual effort
Support oversight across third-party relationships with clearer accountability and stronger governance
With third-party risk management software on the NAVEX One platform, third-party data, workflows and oversight stay connected to your broader risk and compliance picture.
With our third-party risk management solutions on the NAVEX One platform, you benefit from:
If your business relies on third-parties, you need a system for understanding their risks and potential impact. Once that system needs to work at scale, third-party risk management software is the easiest way to reliably review, track and oversee the role third parties play in your operations.
| Scenario | Where the pressure builds up |
|---|---|
| No consistent onboarding | New third-parties come in, but there’s no standard way to collect the same details or apply the same checks |
| More to document | The business needs a clearer record of what was checked, what was found and why a decision was made |
| Supply chain visibility | Third-parties support different parts of the business, but dependencies and exposure are hard to trace |
| Cross-team input | Procurement, compliance, legal, IT and security all hold part of the picture, leaving gaps and duplicated work |
| Regulatory requirements | Third-parties need to be checked against regulatory, ESG or internal requirements, but there’s no clear standard for doing that each time |
| Changes after onboarding | New screening flags, ownership updates and other risk signals come in, but you can’t easily compare them to what was known before |
| Higher-risk relationships | Some third-parties need deeper checks than a standard intake can support, especially where information security, compliance or operational risk is involved |
| Repeat work | The same third-parties need to be checked again later, but the original information and decisions are hard to find or compare |
Carry your risk data and decisions through the third-party lifecycle, from first contact to renewing contracts and offboarding. When you use NAVEX One Third-Party Risk Management software, each stage of a partnership builds on the last instead of starting from scratch.
Here’s what the full third-party risk lifecycle looks like with NAVEX.
A more repeatable screening and monitoring intake process gives teams a shared starting point. Early reviews become easier to manage and less dependent on emails, spreadsheets or disconnected records.
Consistent questionnaires, scoring and review criteria help teams work from information that lines up. Your team regains time spent reconciling uneven answers or incomplete records.
Ongoing monitoring helps surface new concerns earlier, so teams can focus attention where it matters instead of repeatedly checking whether anything has changed.
When prior decisions, records and context stay accessible, reassessments become easier to manage and less time-consuming to revisit.
History, current picture and follow-up actions live together, making it easier to support decisions and track what work is still outstanding.
Third parties extend the reach of your business – and the risks that come with it. The strongest outcomes come from ongoing third-party risk management, not one-time due diligence. Here’s why.
Reduce the manual work that slows your risk and compliance program down. Our third-party risk automation software helps you clear the operational work behind your program – helping you act faster as new information about vendors and third parties comes into the NAVEX One platform.
Dig deeper into higher-risk relationships and keep reviews aligned to the global regulatory frameworks relevant to your business.
Here’s what NAVEX One Third-Party Risk Management Software delivers:
Weave compliance into the fabric of your team’s day-to-day. With NAVEX services, compliance becomes more than a requirement – it’s a natural, empowering part of your workplace culture.
Embarking on your governance, risk and compliance journey? We’re right beside you. Together, we’ll dive into your specific needs and chart a path that’s just right for your team – and that doesn’t end with software setup. We’re committed to ensuring you’re comfortable and confident navigating the NAVEX One GRC platform.
At the heart of every success story is a supportive team – and that’s exactly what you get with NAVEX. Whether it’s a quick query or in-depth support, we’re here for you.
Whether you need to integrate multiple systems or kick off an organization-wide process improvement project, we’re here to help. Together, we’ll map out these complexities, ask the right questions, rally key stakeholders and prepare for challenges ahead of time. Whatever your starting point, we can help you make the most of your investment.
Third parties introduce the risk of data breaches, operational delays, and legal trouble because you cannot directly control their daily actions. If an outside vendor gets hacked or breaks a regulation, your company often takes the blame and the financial hit. These relationships expose your business to hidden vulnerabilities that can seriously damage your reputation.
Third-party risk management software reduces risk by helping teams gather the right information, screen for warning signs, apply the same criteria across relationships and revisit third parties when something changes. That makes it easier to spot higher-risk relationships earlier and avoid gaps between onboarding, due diligence and ongoing oversight.
Vendor risk management usually refers to risk from direct suppliers and service providers, but third-party risk management is broader. It includes vendors, but it can also cover partners, distributors, contractors, agents and other outside parties that could influence your operations, compliance exposure or reputation. Vendor risk management is often one part of a wider third-party risk management program.
Third-party risk management software supports compliance by making due diligence easier to apply, track and repeat. It helps teams collect the right information, screen third parties against defined criteria, record what was checked and keep an audit trail of findings and decisions. It also makes it easier to rerun those checks when regulations change, new risks appear or a relationship comes up for renewal.
Check out our resources for fresh perspectives and practical tips on strengthening your third-party risk management strategy.
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Estimate the ROI of your third-party risk management program. See how TPRM software reduces fines, improves efficiency and drives measurable savings.
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Guides
Our most comprehensive resource on the subject – full of insight, advice, and examples to help you recognize and address all aspects of third-party risk.
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Reports
Risk management and compliance statistics based on surveys from nearly 1,000 professionals globally, expertly curated to help you improve your compliance program benchmarks and risk management practices.
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Guides
This guide makes systematic risk management achievable, breaking it down into clear, practical steps for staying resilient as the risk landscape shifts.
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Hear from risk and governance leaders using NAVEX One to centralize risk visibility, align accountability and strengthen oversight. These reviews reflect real-world impact in action – helping organizations connect risk data, prioritize effectively and make informed decisions with confidence.
Build and maintain secure, compliant third-party relationships and bring clarity to risks in your third-party network.