Organizations face increasing complexity in managing third-party vendor risk, including cybersecurity threats, regulatory compliance, and operational disruptions. Traditional methods often lack automation, leading to inefficiencies and potential oversights in vendor due diligence and monitoring. This can result in security breaches, financial instability, performance failures, and compliance gaps.

Vendifi is a third-party risk management (TPRM) platform built on Microsoft SharePoint and Azure that automates vendor compliance, monitors cybersecurity risks, and secures supply chains. The platform streamlines the entire vendor lifecycle, from onboarding to off-boarding, by automating due diligence, centralizing documentation, and providing real-time security insights. Vendifi helps organizations manage inherent and residual vendor risk through automated risk assessments, performance monitoring, and control management. The platform's AI-powered Vendi-Auto feature automates the completion of due diligence questionnaires by extracting relevant information from uploaded documentation.

Automated vendor risk assessments with customizable templates and scoring

AI-powered automation of due diligence questionnaires using Vendi-Auto

Real-time monitoring of vendor cybersecurity posture

Centralized repository for vendor contracts, risk assessments, and compliance documentation

Automated reminders for contract renewals, risk reassessments, and compliance reviews

Customizable reporting and dashboards for insights into vendor risk landscape

Integration with Microsoft SharePoint and Azure for secure data management

Vendor performance monitoring against defined KPIs and SLAs

Support for compliance with regulations such as DORA, SOX, and GDPR

Vendifi is designed for organizations that need automated third-party risk management and compliance monitoring, want to keep vendor data within their secure Microsoft environment, and manage multiple branches or subsidiaries requiring consistent cybersecurity standards.