Audience
Compliance officers wanting a solution to automate and enhance their organization's third-party risk management processes
About OneTrust Third-Party Management
OneTrust's Third-Party Management solution transforms your third-party lifecycle with data-driven automation, shifting from a questionnaire-first to a risk-based approach by integrating data to streamline and secure your third-party ecosystem. It automates manual processes and tailors assessments to the unique needs of each third-party engagement, improving assessment efficiency. Customers experience, on average, more than a 70% reduction in time and cost associated with completing a third-party risk assessment, reducing onboarding time and cost. The platform leverages industry-leading data sources to continuously monitor third-party risk postures and automatically respond as new risks surface. It increases consistency and efficiency by aligning workstreams, band ringing teams together across common workflows, data objects, inventories, and objectives. The solution scales internal capacity by automating key processes, and enabling centralized management of third-party inventories.