Third Party Risk Management - Consultancy, Assessment & Advisory

ProcessUnity Expands Vendor Risk Management Software with New Best Practices Configuration

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New Out-of-the-Box Configuration Provides Quick-to-Deploy, Comprehensive Solution for Third-Party Risk Management

DVV Solutions automation partner ProcessUnity has launched a new pre-built configuration of its award-winning Vendor Risk Management solution. Best Practices Configuration for ProcessUnity Vendor Risk Management (VRM) is a pre-configured Third-Party Risk Management program with turn-key workflows, assessments, calculations, risk analysis and reporting, allowing small to midsize organisations to successfully launch and maintain a third-party risk program from day one.

“More and more companies are looking to introduce Vendor Risk Management into their organisation and need help in getting started with a proven process that works. With our Best Practices Configuration, we’ve built a prescriptive approach to help those companies accelerate their projects and get to compliance faster,” said Todd Boehler, Senior Vice President of Strategy at ProcessUnity. “This turn-key offering, built using our best-of-breed software, provides companies with a complete baseline program that can mature at their pace without the large time and cost investments that we see other technologies require. Whether you are new to Third-Party Risk Management or looking to reset your program, we can help by providing the necessary building blocks to stand up a systematic, repeatable program out of the box.”

Developed by Third-Party Risk Management subject matter experts leveraging knowledge from hundreds of successful customer implementations, ProcessUnity’s Best Practices Configuration delivers a complete program with high-quality, repeatable vendor assessment processes.

The low-touch, low-cost implementation gets customer programs up and running in a few short weeks, and includes the following:

ProcessUnity Vendor Risk Management is a software-as-a-service (SaaS) application that helps companies identify and remediate risks posed by third-party service providers. Combining a powerful vendor services catalog with risk process automation and dynamic reporting, ProcessUnity VRM streamlines third-party risk activities while capturing key supporting documentation that ensures compliance and fulfills regulatory requirements. ProcessUnity VRM provides powerful capabilities that automate tedious tasks and free risk managers to focus on higher-value mitigation strategies.

You’re Only As Strong As Your Weakest Link

There’s never been a more vital time to ensure the security of your organisation and the cyber supply chain you rely on. DVV Solutions are here to help with a range of managed services and solutions proven to improve your ability to assess, analyse and manage more cybersecurity and third-party risk domains.

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