# Third Party Risk Management Software Pricing, Alternatives & More 2026 | Capterra

> With the help of Capterra, learn about Third Party Risk Management Software - reviews, pricing plans, popular comparisons to other Risk Management products and more.

Source: https://www.capterra.com/p/194844/Third-Party-Risk-Management

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# 

 Third Party Risk Management Software Review 2026: Features, Reviews, Integrations, Pros & Cons

Last updated on February 13, 2026

Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team.

[Description](#description)[Use cases](#use-cases)[Alternatives](#alternatives)[FAQs](#faqs)[Features](#features)[Pricing](#pricing)[Support](#support)

Third Party Risk Management

## What is Third Party Risk Management?

Risk 365 is a SaaS platform to perform automated, paperless Vendor Assessments using pre-built or Custom standards / checklists. It helps to focus attention on risky vendors and minimise Data Breaches. Save time and improve security with our secure, paperless system. Risk 365 can be used for Third Party Risk Management, Vendor Risk Management, performing assessments and more. 30 days free trial and thereafter prices starting at $750 per annum - unlimited users.

## What is Third Party Risk Management used for?

[Risk Management](https://www.capterra.com/risk-management-software/)[Governance, Risk and Compliance (GRC)](https://www.capterra.com/grc-software/)[Vendor Management](https://www.capterra.com/vendor-management-software/)

Top alternative

Featured

Overall rating

Based on 0 user reviews

Reviews sentiment

Positive

\-

Neutral

\-

Negative

\-

Starting price

₹750

Per User, Per Year

Free trial  
available

Includes Free Version

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Our "Best of" badge program showcases products with the highest ratings...

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Do you work for Third Party Risk Management?[Manage this product listing](https://digitalmarkets.gartner.com/get-listed/claim-bx?url=http://www.riskpro.in&name=Third Party Risk Management)

## Compare with a popular alternative

Capterra selects software alternatives based on relevant features, verified user reviews and user interactions. Placement may be influenced by client status.

### Third Party Risk Management

0.0

VS.

[4.4 (3,023)](https://www.capterra.com/p/76113/Wrike/reviews/)

Starting Price

₹750

Per User, Per Year

Starting Price

$10

Per User, Per Month

Free Trial

Free Version

Pricing Options

Free Trial

Free Version

Ease Of Use

0.0 (0)

Ease Of Use

4.2 (212)

Value For Money

0.0 (0)

Value For Money

4.2 (198)

Customer Service

0.0 (0)

Customer Service

4.3 (206)

## Third Party Risk Management alternatives

[4.5 (535)](https://www.capterra.com/p/148577/MasterControl/reviews/)

Starting price

$25000.00

Per User, Per Month

Pricing Options

Free Trial

Free Version

User Rating

93%

of reviewers

rated it above 4 stars

Highest Rated

[4.7 (414)](https://www.capterra.com/p/148230/SOXHUB/reviews/)

Starting price

Contact vendor for pricing

Pricing Options

Free Trial

Free Version

User Rating

98%

of reviewers

rated it above 4 stars

[4.6 (354)](https://www.capterra.com/p/141080/iAuditor/reviews/)

Starting price

$29.00

Per User, Per Month

Pricing Options

Free Trial

Free Version

User Rating

95%

of reviewers

rated it above 4 stars

[4.4 (79)](https://www.capterra.com/p/147599/Resolver/reviews/)

Starting price

$10000.00

Per User, Per Month

Pricing Options

Free Trial

Free Version

User Rating

92%

of reviewers

rated it above 4 stars

## FAQs about Third Party Risk Management

Overview

### What company size and specific industries is Third Party Risk Management built for?

Third Party Risk Management is designed for companies of all sizes across all industries, and it also supports global customers. It is a fit for organizations that need third-party risk oversight regardless of sector, making it suitable for broad business use rather than a single industry or company segment.

Features and Usability

### What are the key features of Third Party Risk Management?

Third Party Risk Management offers risk assessment, risk analysis, and risk scoring for evaluating third-party exposure, plus compliance management, audit management, and audit trail tools for oversight. It also includes alerts/notifications, incident management, corrective and preventive actions (CAPA), dashboard reporting, and vendor master data management.

Getting Started and Support

### What training and onboarding options does Third Party Risk Management offer?

Third Party Risk Management provides live online sessions, webinars, and documentation. Live online sessions and webinars support guided instruction and product walkthroughs, while documentation offers written reference material for self-paced learning and review of key steps.

Getting Started and Support

### What customer support options does Third Party Risk Management offer?

Third Party Risk Management provides chat support. No reviewer feedback about support quality, response times, or helpfulness is available in the catalog data, so the support experience cannot be characterized beyond the listed channel.

## Features

Features with the highest number of reviews are displayed first. Those that have no reviews appear next, sorted alphabetically.

Alerts/Notifications

Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges

Audit Management

Plan, schedule, and execute organization's accounts and assets to ensure compliance with policies and laws

Audit Trail

A record of all activities within the system, including user access, changes made, etc.

Compliance Management

Track and manage adherence to policies for any service, product, process, or supplier

Corrective and Preventive Actions (CAPA)

Investigate and take action at root cause or error in processes to prevent recurring issues

Dashboard

Assembly of graphs and charts for visualizing and tracking statistics/metrics

Third Party Risk Management 22 features

Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges

Plan, schedule, and execute organization's accounts and assets to ensure compliance with policies and laws

A record of all activities within the system, including user access, changes made, etc.

Track and manage adherence to policies for any service, product, process, or supplier

Investigate and take action at root cause or error in processes to prevent recurring issues

Assembly of graphs and charts for visualizing and tracking statistics/metrics

Guidelines for conforming to environmental laws, regulations and requirements

Manage and track all disruptions and incidents

Ensure internal objectives and compliance with policies are met

Manage risks related to IT systems

Closing out contracts by reviewing contract/project completion, finalizing payments, and ensuring terms and compliance as been achieved

Process of familiarizing new clients, stakeholders or employees with the company, a new location, or a service

Manage risk that occurs from systems failure or inadequate processes

Identify, monitor, and assess risks to brands

Planning and managing of resources and procedures to mitigate the impact of events and incidents

Analyze potential risks across the organization

Initiate collection and analysis of known risks

Process of identifying, evaluating, mitigating, addressing and reporting on potential risks or uncertainties

Reporting of risks associated with specific actions, events, or entities

Assess and score risks using risk matrices

Negotiate best prices and choose the right vendor for various purchases

Create and maintain quality vendor data through data validation, maintenance, and audit trails to ensure proper compliance and sourcing

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## Pricing

Free Trial

Free Version

Basic

₹750.00

Per User,Per Year

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## Support, customer service and training options

Support

-   Email/Help Desk
-   FAQs/Forum
-   Knowledge Base
-   Phone Support
-   24/7 (Live rep)
-   Chat

Training

-   In Person
-   Live Online
-   Webinars
-   Documentation
-   Videos

Deployment

-   Web
-   Android
-   iPhone/iPad

Typical users

-   Freelancers
-   Small businesses
-   Mid size businesses
-   Enterprises

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