Third-Party Risk Management

WolfPAC Third-Party Risk Management Software

Third parties play a vital role in the success, stability, and continuity of a business—but keeping track of all of your vendor information (and the risks associated with each) can be a challenge. WolfPAC’s Third-Party Management solution provides a centralized view of your vendor relationships. This allows your organization to efficiently access, review, edit, and manage risks and strategies.

Relying solely on vendors to maintain compliance and monitor contracts can put your organization at risk. Our streamlined solution provides easy access to contracts and allows for vendor due diligence, lets you manage the entire lifecycle of all vendors, and gives clear visibility into vendor performance and stability. It also integrates with our Enterprise Risk Management solution for a holistic view into both business and vendor risks, pinpointing which key areas to focus on and improve.

Our innovative third-party risk management software solution:

• Creates risk ratings for vendors
• Provides easy access to contracts for review and updating
• Allows for vendor due diligence and vendor monitoring
• Optional integration with SecurityScorecard to receive detailed cybersecurity scoring and vendor
  questionnaires.

Vendor and internal processes are important. But without an integrated and automated solution, your organization could overlook or improperly review pertinent information. With WolfPAC, you’ll be able to streamline your vendor experience, manage relationships, and minimize negative business impacts.