
What is Vendor Pulse?
Vendor Pulse is a central platform to track your third party vendor risks. You can onboard your vendors through our custom risk assessment questionnaire and monitor them through our Digital Risk Management Module
Problem
Businesses currently manage third-party vendor risks without a centralized platform; traditional methods like spreadsheets and emails can be inefficient and prone to errors.
lack of a centralized platform to manage vendor risks
Solution
A central platform that tracks third-party vendor risks, enabling users to onboard vendors using a custom risk assessment questionnaire and monitor them through a Digital Risk Management Module.
central platform that tracks third-party vendor risks
Customers
Risk managers, procurement officers, and compliance teams seeking to improve their risk management processes by centralizing vendor risk information and monitoring.
Unique Features
Customizable risk assessment questionnaires and the ability to monitor vendors through an advanced Digital Risk Management Module.
User Comments
Easy to use and implement.
Saves time in managing vendor risks.
Improves accuracy of risk assessments.
Great for compliance and governance.
Enhances decision-making with centralized data.
Traction
The website indicates the product is newly launched with ongoing user feedback and feature enhancements in development.
Market Size
The global vendor risk management market was valued at $3.29 billion in 2020, projected to grow at a CAGR of 15.8% from 2021 to 2028.