ThirdPartyTrust

5 / 5 3 reviews

Who Uses This Software?

Our technology best serves information security teams performing vendor risk assessments on a lot of vendors and needing to do it faster and more accurately.


Average Ratings

3 Reviews
  • 5 / 5
    Overall
  • 5 / 5
    Ease of Use
  • 5 / 5
    Customer Service

Product Details

  • Starting Price
    $18,000.00/year
  • Pricing Details
    We charge the enterprise based number of connections.
  • Free Trial
  • Deployment
    Cloud, SaaS, Web
  • Training
    Documentation
    Webinars
  • Support
    Online
    Business Hours

Vendor Details

  • ThirdPartyTrust
  • thirdpartytrust.com/
  • Founded 2014
  • United States

About ThirdPartyTrust

ThirdPartyTrust is the vendor risk management platform for companies to connect, assess and share relevant security documentation. Our solution helps information security teams perform vendor risk assessments faster and more accurately via automation and eliminating redundancies in the VRM process. You can collaborate on risk assessment questionnaires, collect SOC reports, and more. Using the ThirdPartyTrust solution you can scale your vendor risk management across all your vendors and simply.


ThirdPartyTrust Features

  • Audit Management
  • Contact Management
  • Customer Database
  • Self Service Portal
  • Supplier Master Data
  • Transaction History
  • Vendor Maintained Profiles
  • Vendor Managed Inventory
  • Vendor Performance Rating
  • Vendor Qualification Tracking

ThirdPartyTrust Reviews Recently Reviewed!


Capterra-loader

Seamlessly and easily evaluate vendors

Jan 23, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Extremely
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Pros: The overall process to integrate vendors is simple.
Very responsive to feature requests and suggestions.
Review questionnaire answers easily.
Overall makes a monotonous process much easier.

Overall: Made a monotonous process that no one wanted to do easier and more manageable.
Every issue we have had with the platform we have raised with ThirdPartyTrust, they have made the necessary changes to address.

Vendor Response

by ThirdPartyTrust on January 24, 2018

Thank you, Anthony. We're always open to more suggestions on how to improve the product!

ThirdPartyTrust has helped us to streamline our vendor security reviews and risk assessment process.

Jan 18, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Extremely
Likely

Pros: This solution provides a one stop shop for all vendor related security assessments. All responses are recorded within the online application, and all documentation is organized based on category and type of document.

It has eliminated the need for us to constantly email or call vendors with specific questions related to their responses (this can now be done inline using the discussion feature). We receive breach notifications, a security scorecard for the vendor and also notifications regarding any documentation that might be expiring. We can easily setup the vendor for defined review cycles.

By utilizing the Risk Impact section, we are able to cater our assessment based on the risk to our organization, and drive certain requirements as part of the review. There are multiple ways to enforce requirements (including labels, breaches, etc...) We currently do not use those options as of yet, but the ability to do so is there.

All in all, it has helped to streamline our security review and assessment process. In addition, new features are always being added, and the vendor is willing to listen and enhance their product, as necessary, to help create a better product. Their support department is very responsive and quick to resolve any issues or address any questions.

Cons: As of this writing and the changes implemented by the vendor throughout their release schedule, the pros definitely outweigh the cons. Originally, there was a lot of back and forth using email and calling to have vendors clarify some of their responses. Now that this gap is filled, I can say that our biggest hurdle has been addressed.

Overall: A more streamlined and efficient security review and assessment process. Less paperwork and back and forth between us and our vendors was a significant benefit as well. A centralized one stop shop for all vendor related material and documentation. Also, a nice dashboard showing us at a glance, our vendors and their risk posture throughout our organization.

Vendor Response

by ThirdPartyTrust on January 24, 2018

Thanks, Chris! We're very happy to have you and Trustmark team on-board.

Simplified next generation vendor management solution

Jan 18, 2018
5/5
Overall
5 / 5
Ease of Use
3 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
Likely
Extremely
Likely

Pros: Ease of use.
Quantify risk appropriately in real-time for Vendors.
Reduce time spent on Vendor management.

Overall: Its a growing platform.

Vendor Response

by ThirdPartyTrust on January 24, 2018

Thank you, Deepu! Happy to have you and the US Foods team on-board!