Third-party Screening & Monitoring Software
Go beyond the name on the contract
Trusted by organizations managing third-party risk
Faster
Apply the right level of due diligence with risk-based screening
Not every third party requires the same level of scrutiny. NAVEX helps teams establish a consistent risk profile, identify concerns early and apply deeper investigation where risk warrants it – so appropriate relationships can move forward without sacrificing diligence.
- Know where to focus attention: Build a centralized, consistent view of each third party so lower-risk relationships can move faster and higher-risk ones receive the scrutiny they need.
- Catch issues before they become exposure: Screen across ownership, sanctions, watchlists and other risk indicators so teams can identify concerns early enough to act.
- Resolve uncertainty with more context: Use Ultimate Beneficial Ownership (UBO) intelligence, open-source research and enhanced due diligence to understand what is really behind a concerning relationship.
- Spend time where judgment matters most: Move routine reviews efficiently and escalate relationships that require deeper investigation, additional controls or approval.
Continuous
Screen and monitor continuously. Investigate confidently.
Third-party risk changes over time. Stay alert to new concerns and investigate higher-risk relationships with deeper intelligence when needed.
- Continuous screening and monitoring help identify changes across your third-party network
- Automated alerts surface new information that may require review or escalation
- Ultimate Beneficial Ownership intelligence helps reveal the individuals and ownership structures behind an organization
- Open-source intelligence adds context when standard screening does not tell the whole story
- Enhanced due diligence supports deeper investigation of higher-risk relationships
Defensible
Give Legal the evidence to guide the business forward
Bring intelligence, review history and decisions together so Legal and Compliance can confidently clear, mitigate or escalate third-party relationships – and explain why.
- See the full risk picture: Bring third-party profiles, screening results, ownership data and due diligence findings together so teams can make decisions with more complete context.
- Apply consistent judgment: Use standardized assessments, questionnaires, scoring and workflows so similar risks receive consistent scrutiny and treatment.
- Defend every decision: Document what was reviewed, what risks were identified and why a relationship was cleared, mitigated, escalated or declined.
- Focus resources where they matter most: Use alerts and dashboards to prioritize attention and help Legal guide the business without creating unnecessary friction.
Risk-based workflow from onboarding to ongoing monitoring
Bring each stage of third-party due diligence into a connected process so legal and compliance teams can guide the business from initial review through ongoing oversight.
Assess and prioritize
Build a consistent third-party profile with information collection, configurable assessments, screening and ownership checks to determine the appropriate level of review.
Investigate deeper
Use Ultimate Beneficial Ownership intelligence, open-source research and enhanced due diligence when standard review does not provide enough context.
Monitor and respond
Continuously monitor approved third parties, surface changes through alerts and keep the evidence and decision history connected to the relationship.
Customer Reviews for NAVEX One Screening & Monitoring (RiskRate)
What does better third-party screening and monitoring look like in practice? Hear from customers using NAVEX One to tighten due diligence, spot risk earlier and actively monitor for change after onboarding.
"Holistic Risk Management with Powerful Data Insights"
"Excellent Platform for Managing Risk"
"Most easy to use Risk and Compliance management software for businesses."
"Fantastic GRC Platform"
"Navex One is one of the best Risk and Compliance softwares available in the GRC Softwares market"
"Easy to use GRC software"
Resources for third-party due diligence and monitoring
Explore resources on third-party onboarding, screening, beneficial ownership, monitoring and due diligence.
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Third-Party Risk Management ROI Calculator
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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Product
Third-Party Risk Management Software & TPRM Platform
Risks don’t pause on your company’s doorstep. Face them head-on and ensure the integrity of your organization isn’t threatened by risks in your network.
Learn more
White Paper
UBO Compliance in a Changing Regulatory Landscape
Explore the risks, regulations and best practices shaping modern UBO compliance – and learn how stronger due diligence supports global compliance efforts.
Get the white paper
Guide
Definitive Guide to Third-Party Risk Management
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.
Get the guide
Turn third-party due diligence into a business enabler
Move the right partners forward faster, respond as risk changes and keep every decision defensible.
Your third-party due diligence and monitoring questions, answered
What is third-party due diligence?
Third-party due diligence is the process of gathering and evaluating information about external organizations and individuals to understand the risks of doing business with them. It can include onboarding information, ownership checks, screening, risk assessments, deeper investigation and ongoing monitoring.
How is third-party due diligence different from screening?
Screening checks third parties against defined risk categories and data sources to identify potential concerns. Due diligence goes further by evaluating those findings, ownership information and other relevant context to support a business decision.
Why is ongoing third-party monitoring important?
Third-party risk can change after onboarding. New sanctions, ownership changes, adverse information or other developments may alter the risk associated with an existing relationship.
Continuous monitoring helps teams identify those changes and determine when additional review is required.
NAVEX helps teams keep approved third parties under ongoing screening and monitoring, with alerts when new information may require attention.
What is Ultimate Beneficial Ownership?
Ultimate Beneficial Ownership information helps organizations understand the individuals who ultimately own or control an entity. This can provide important context when evaluating sanctions, corruption and other third-party risks.
When is enhanced due diligence needed?
Enhanced due diligence can provide additional research and context when a third party presents elevated risk, screening produces concerning findings or standard information is insufficient to support a decision.
What types of third-party risk can NAVEX help screen for?
NAVEX supports screening across 50+ risk categories to help Legal and Compliance teams identify relevant risk signals. Specific categories and data sources should be confirmed in the final product detail review before publication.
How does NAVEX help apply the right level of due diligence?
NAVEX combines information collection, configurable assessments and scoring, ownership checks, screening and risk-based workflows to establish a consistent risk profile. This helps teams move routine reviews efficiently while escalating higher-risk relationships for deeper investigation, additional controls or approval.
How does NAVEX help accelerate third-party onboarding?
NAVEX combines automated self-onboarding, configurable assessments and scoring, ownership checks, screening and risk-based workflows. This helps teams apply consistent criteria and move appropriate third parties forward without giving every relationship the same level of review.
How does NAVEX support defensible due diligence decisions?
NAVEX centralizes third-party information, screening results, assessments, research and decisions so teams can retain a record of what was reviewed, what risks were identified and why an approval, escalation or rejection was made.
How does continuous monitoring work?
NAVEX applies ongoing screening and monitoring to help identify changes in third-party risk over time. Alerts can help teams focus attention on relationships where new information warrants review.
How does NAVEX Third Party Screening & Monitoring fit with NAVEX One?
NAVEX Third Party Screening & Monitoring supports the broader NAVEX One third-party risk story by connecting onboarding, screening, monitoring and deeper due diligence with a wider governance, risk and compliance program.