TRUSTED. SECURE. SCALABLE.
Corporater Third-Party Risk Management (TPRM) solution is an enterprise-grade digital tool that enables organizations to establish a solid third-party risk management program. It empowers organizations to gain greater visibility into their third-party relationships and reduce threats related to the use of third parties (vendors, suppliers, partners, contractors, business channels, etc.).
With Corporater, identify, assess, mitigate, control, and continuously monitor risk on customized risk and compliance management dashboards. Corporater supports organizations in meeting various compliance standards including ISO best-practices, GDPR, and others.
Create custom risk and compliance dashboards to have a holistic overview of third-party risks.
Provide your organization with shared standards and processes for third-party risk management.
Generate and distribute audit-ready reports. Specify report recipients and set automated deployment frequency.
Create a role-based risk dashboards to have a complete overview of risks, their potential impact, options for risk mitigation, and more.
Assess, evaluate, respond, treat, and report your risks. Corporater supports quantitative and qualitative risk assessments.
Establish and automate incident management processes to minimize adverse impacts on your organization. Monitor, report, and resolve incidents.
Keep your organization prepared for the unexpected with Corporater risk planning and early risk identification.
Risks can be continuously identified in various ways – from forms, data integrations, or inserted by users directly into the system. In a similar fashion, opportunities can also be identified.
Generate custom risk reports and submit them through review/approval process. Include visual elements such as graphs and risk heat maps.
Monitor identified, residual and secondary risks, take a corrective action, and measure effectiveness of your response.
Build and maintain a centralized risk register (risk inventory) to have a complete and current overview of risks across your organization
Create custom alerts to notify key stakeholders when a KPI moves above or below a specified threshold, when a goal is reached, or when a new issue arises.
Establish effective governance over third-party risks with the Corporater Third-Party Risk Management (TPRM) solution.