Third Party Risk Management - Consultancy, Assessment & Advisory

ProcessUnity VRM Essential Edition Brings Full-Featured TPRM Automation to Small and Mid-Size Organisations

ProcessUnity has today introduced ProcessUnity VRM Essential Edition, a new version of its flagship vendor risk management software aimed at helping smaller organisations identify and remediate risks posed by third-party service providers. This newest offering combines ProcessUnity’s award-winning automation tools with a complete baseline program that automates vendor onboarding, due diligence and ongoing monitoring.

“Small and medium-sized businesses that want to move beyond simple ‘check-the-box compliance to a true, risk-reducing third-party management program have limited options when it comes to software – either it’s too expensive or the functionality is limited,” said Ed Thomas, Senior Vice President of Marketing and Sales Operations at ProcessUnity. “ProcessUnity VRM Essential Edition combines our best automation tools and an out-of-the-box best-practice program to instantly advance organisations’ programs at an easy-to-justify price point.”

ProcessUnity Vendor Cyber Intelligence BitSight TPRM Release

ProcessUnity VRM Essential Edition is a turnkey offering that provides small and mid-size organisations with unparalleled insight into their third-party risk posture. With it, organisations can replace spreadsheet-based third-party risk management or first-generation tools with a world-class program developed and perfected through hundreds of customer implementations. The ProcessUnity platform deploys in a few short weeks and allows organisations to efficiently address the entire third-party lifecycle with a wide array of cutting-edge capabilities that:

ProcessUnity VRM Essential Edition is available now for organisations under $250 million in annual revenue and financial institutions with under $1 billion in assets under management.

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About ProcessUnity Vendor Risk Management

ProcessUnity Vendor Risk Management protects companies and their brands by reducing risks from third-party vendors and suppliers. ProcessUnity helps customers effectively and efficiently assess and monitor both new and existing vendors – from initial due diligence and onboarding through termination.  Through automation and standardisation, ProcessUnity customers reduce busy work, streamline regulatory reporting and improve overall visibility into vendor performance.