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OneTrust Third-Party Management description
OneTrust Third-Party Management helps businesses manage the risks associated with vendors, suppliers, and other third parties. This software offers tools for risk assessment, due diligence, contract management, and ongoing monitoring. OneTrust helps companies of all sizes meet compliance requirements and reduce their exposure to data breaches, financial penalties, and reputational damage.
Who is OneTrust Third-Party Management best for
OneTrust Third-Party Management helps businesses of all sizes manage vendor risks. It offers tools for risk assessment, due diligence, contract management, and ongoing monitoring. This software is suitable for organizations needing to ensure data privacy and meet compliance requirements while mitigating potential data breaches and financial penalties.
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Ideal for small, medium, and large businesses seeking robust third-party risk management.
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Suitable for businesses across all industries concerned with vendor risk and compliance.
OneTrust Third-Party Management features
| Supported OneTrust supports creating and sending due diligence questionnaires to vendors. |
| Supported OneTrust Third-Party Management identifies, assesses, and mitigates third-party risks. |
| Supported OneTrust Third-Party Management supports tracking and reporting on vendor performance. |
| Supported OneTrust supports a centralized risk register focused on third-party risks. |
| Supported OneTrust supports assigning and conducting risk assessments, including automated workflows and risk scoring. |
OneTrust Third-Party Management alternatives
OneTrust GRC and Security Assurance CloudBetter fit for mid-sized companies needing broader risk management, including IT security and compliance. Focuses on centralizing risk information and streamlining risk management processes.Read more
CertaBetter for automation of compliance and onboarding processes. More user-friendly but has slower support and fewer reporting features. OneTrust Third-Party Management alternative. OneTrust competitor.Read more
AuditBoardBetter for larger enterprises needing SOX compliance. More focus on audits, compliance, and integrated risk management. Has more momentum based on employee growth. Users love its centralized platform and automated workflows. However, some users dislike the reporting customization and learning curve. Negative pricing sentiment.Read more
OneTrust Tech Risk & ComplianceMore focused on IT and security risks. Better for Healthcare, Finance, and Tech.Read more
OneTrust Third-Party Management FAQ
What is OneTrust Third-Party Management and what does OneTrust Third-Party Management do?
OneTrust Third-Party Management helps businesses manage vendor risks through tools for risk assessment, due diligence, contract management, and ongoing monitoring. It streamlines compliance and reduces exposure to data breaches and financial penalties for businesses of all sizes.
How does OneTrust Third-Party Management integrate with other tools?
OneTrust Third-Party Management integrates with existing business systems through APIs and pre-built connectors. It supports data imports and exports, enabling efficient data flow between OneTrust and other tools for streamlined risk management.
What the main competitors of OneTrust Third-Party Management?
Top alternatives to OneTrust Third-Party Management include OneTrust GRC and Security Assurance Cloud, Certa, AuditBoard, and OneTrust Tech Risk & Compliance. These competitors offer similar functionalities such as vendor risk assessment, compliance management, and streamlined workflows.
Is OneTrust Third-Party Management legit?
Yes, OneTrust Third-Party Management is a legitimate software solution for third-party risk management. It helps businesses manage vendor risks, ensuring compliance and reducing data breach risks. G2 rates it 4.5/5 based on user reviews.
How much does OneTrust Third-Party Management cost?
I couldn't find pricing details for OneTrust Third-Party Management. Contact OneTrust directly to discuss pricing and determine if the product is worth it for your needs. They can offer tailored pricing information based on your specific requirements.
Is OneTrust Third-Party Management customer service good?
There is no information available about OneTrust Third-Party Management's customer service quality.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.