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Add-On
Third-Party Risk Management
Identify, assess, and mitigate vendor risks throughout the entire lifecycle, giving you real-time risk intelligence.
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Pivot to Pivot
Here's why.
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Engage stakeholders early
Involve the right people early to make sure vendor requirements are clear and duplicate requests are caught before they happen.
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Keep one source of truth
One place for vendor data, security certifications, and compliance documents so your team meets internal requirements.
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Streamline risk assessments
Embed security and compliance checks into procurement workflows to keep reviews consistent, efficient, and on schedule.
Native Integrations with Risk Databases
Seamlessly integrate with leading risk databases like EcoVadis, Dun & Bradstreet, or OneTrust. Pivot automatically extracts real-time data, ensuring your risk assessments are based on the latest information.
Customized Risk Scoring
Automatically apply an in-house risk scoring system to all your vendors, allowing you to rate and categorize them according to your specific criteria.
Vendor Onboarding Workflows
Streamline vendor onboarding by involving the right stakeholders in the approval flow, based on risk scoring. This ensures collaboration and compliance across your entire vendor database.
Native Integrations with Risk Databases
Seamlessly integrate with leading risk databases like EcoVadis, Dun & Bradstreet, or OneTrust. Pivot automatically extracts real-time data, ensuring your risk assessments are based on the latest information.
Customized Risk Scoring
Automatically apply an in-house risk scoring system to all your vendors, allowing you to rate and categorize them according to your specific criteria.
Vendor Onboarding Workflows
Streamline vendor onboarding by involving the right stakeholders in the approval flow, based on risk scoring. This ensures collaboration and compliance across your entire vendor database.
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Power up with integrations
No-code integrations that help you make life easier for your team.
Discover all integrations
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Get the support your team needs
A diverse, multilingual team ready to support finance teams across the globe.
Discover the team
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Frequently asked questions
What's the difference between Third-Party Risk Management (TPRM) and Governance, Risk, and Compliance (GRC)?
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TPRM focuses specifically on managing risks from external suppliers and vendors throughout the relationship lifecycle, from onboarding through ongoing monitoring.
GRC (Governance, Risk, and Compliance) is broader, covering internal and external risk management, regulatory compliance, and governance frameworks across the entire organization. Pivot's platform supports TPRM capabilities with vendor-specific risk assessments, compliance tracking, and automated workflows, while also integrating with enterprise GRC systems for unified risk visibility.
What are different types of third-party risk assessment?
Common types include financial risk (evaluating vendor financial health), compliance risk (checking regulatory adherence like GDPR or ISO certifications), cybersecurity risk (assessing data security practices), operational risk (supply chain disruptions), geopolitical risk (political or regulatory changes), and reputational risk (negative publicity or ethical concerns). Pivot supports assessments across all these domains through conditional questionnaires that adapt based on vendor category, country, or risk profile.
What is a third-party risk assessment?
It's the process of evaluating potential risks that suppliers and vendors pose to your organization, covering financial stability, cybersecurity, compliance, operational reliability, and reputational factors. Pivot enables this through customizable risk questionnaires, integration with third-party data sources like D&B and OneTrust, and automated scoring that categorizes suppliers into risk levels for better oversight.
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Not Problems.
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See for yourself inside Pivot.