Find out what your peers are saying about OneTrust, SecurityScorecard, BitSight and others in IT Vendor Risk Management.
| Product | Market Share (%) |
|---|---|
| Panorays | 1.7% |
| ServiceNow Vendor Risk Management | 3.7% |
| Other | 94.6% |
Panorays is dedicated to eliminating third-party cyber risk so that companies worldwide can quickly and securely do business together. We automate, accelerate and scale the third-party security evaluation and management process so you can quickly and easily manage, mitigate and remediate risk, reduce breaches, ensure vendor compliance and improve your security across the board.
Panorays offers an automated, comprehensive and easy-to-use third-party security platform that manages the whole process from inherent to residual risk, remediation and ongoing monitoring. Unlike other solution providers, Panorays combines automated, dynamic security questionnaires with external attack surface assessments and business context to provide organizations with a rapid, accurate view of supplier cyber risk. It is the only such platform that automates, accelerates and scales customers’ third-party security evaluation and management process, enabling easy collaboration and communication between companies and suppliers, resulting in efficient and effective risk remediation in alignment with a company’s security policies and risk appetite. Visit us at www.panorays.com.
ServiceNow Vendor Risk Management helps organizations assess and monitor vendor risks efficiently. It streamlines third-party risk management to ensure compliance and protect data integrity.
Delivering comprehensive risk assessments and ongoing monitoring, ServiceNow Vendor Risk Management allows businesses to mitigate risks associated with third-party vendors. By automating the risk management process, it reduces manual effort and enhances visibility into vendor performance. Users appreciate its capability to integrate with existing workflows, providing a centralized platform for managing vendor risks. Some users suggest improvements in reporting features to further enhance data analysis and insights.
What are the most valuable features?In industries like finance and healthcare, where vendor risk is a critical concern, ServiceNow Vendor Risk Management is frequently implemented to ensure compliance and manage risks effectively. Its ability to automate and streamline processes supports these sectors in achieving their risk management goals while adapting to industry-specific requirements.
We monitor all IT Vendor Risk Management reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.
