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Standardized Information Gathering Questionnaire (SIG) description
The Standardized Information Gathering Questionnaire (SIG) helps businesses evaluate the risks associated with third-party vendors. This configurable tool provides a comprehensive set of questions, updated annually to reflect the latest risk trends, allowing your company to conduct standardized risk assessments. SIG was developed with input from risk management experts and offers a consistent approach to vendor risk management.
Who is Standardized Information Gathering Questionnaire (SIG) best for
Standardized Information Gathering Questionnaire (SIG) streamlines third-party vendor risk assessments. Its comprehensive, annually updated questionnaire, developed with risk management experts, helps identify and mitigate risks. SIG offers a consistent approach to vendor risk management, benefiting large businesses, particularly in finance, banking, and insurance.
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Ideal for medium to large businesses (101+ employees), especially in finance, banking, and insurance.
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Best fit for finance, banking, and insurance companies seeking streamlined vendor risk assessments.
Standardized Information Gathering Questionnaire (SIG) features
| Supported SIG supports creating and sending questionnaires for due diligence. |
| Supported SIG facilitates risk assessment by evaluating vendors' risk management practices. |
| Supported SIG questionnaire helps identify, assess, and mitigate vendor risks. |
Standardized Information Gathering Questionnaire (SIG) pricing
Users sentiment
See the Standardized Information Gathering Questionnaire (SIG) pricing page.
Corporate License (1 Year)
The SIG product itself (includes the SIG Manager). The SIG User Guide provides a summary of the action steps to create, analyze and manage SIG questionnaires. The SIG Manager Enhancement Document covers the changes and revisions to the most recent version of the SIG. A workbook listing versions of the SIG from 2008 onward displaying the associations between question numbers, serial numbers, and identifying if a question is new or has been retired. A 2-hour basic training on how to use the SIG to create questionnaires is included with SIG subscriptions and Shared Assessments memberships.
Corporate License (2 Years)
The SIG product itself (includes the SIG Manager). The SIG User Guide provides a summary of the action steps to create, analyze and manage SIG questionnaires. The SIG Manager Enhancement Document covers the changes and revisions to the most recent version of the SIG. A workbook listing versions of the SIG from 2008 onward displaying the associations between question numbers, serial numbers, and identifying if a question is new or has been retired. A 2-hour basic training on how to use the SIG to create questionnaires is included with SIG subscriptions and Shared Assessments memberships.
Standardized Information Gathering Questionnaire (SIG) alternatives
VenminderBetter suited for organizations of all sizes needing vendor risk management, particularly in finance, insurance, and IT. Offers vendor lifecycle management, contract management, and continuous vendor risk monitoring. Note that user reviews mention a difficult interface and high cost.Read more
Diligent Third-Party Risk ManagementBetter fit for mid-sized companies in the USA focused on security risks.Read more
Supply WisdomBetter for real-time risk monitoring across locations and supply chains. Focuses on a broader range of risks, including financial, cyber, and environmental. Caters to larger enterprises, including Fortune 100 and Global 2000 companies. Has more momentum in terms of website traffic and employee growth. Offers more flexible, tiered subscription pricing.Read more
AuditBoardBetter for managing audits, compliance, and various risks. Geared towards larger enterprises across numerous industries. Has more momentum. Users praise automated workflows and centralized platform but note a steeper learning curve. More negative pricing sentiment.Read more
FortiCNPMore focused on cloud security posture management. Better for identifying and mitigating security risks in cloud environments. Has more momentum. Broader industry application.Read more
CRISAM Risk ManagementBetter for internal controls management and compliance with IDW PS 982. Focuses on mid-sized businesses.Read more
Standardized Information Gathering Questionnaire (SIG) FAQ
What is Standardized Information Gathering Questionnaire (SIG) and what does Standardized Information Gathering Questionnaire (SIG) do?
Standardized Information Gathering Questionnaire (SIG) helps businesses assess third-party vendor risks. It offers a comprehensive, annually updated questionnaire reflecting current risk trends. Developed by risk experts, SIG provides a consistent approach to vendor risk management, available standalone or with Shared Assessments membership.
How does Standardized Information Gathering Questionnaire (SIG) integrate with other tools?
There is no information available regarding Standardized Information Gathering Questionnaire (SIG) integrations with other tools. It's primarily used as a standalone product or with Shared Assessments membership.
What the main competitors of Standardized Information Gathering Questionnaire (SIG)?
Alternatives to Standardized Information Gathering Questionnaire (SIG) include Venminder, Diligent Third-Party Risk Management, and Supply Wisdom. These platforms offer similar vendor risk management capabilities, including assessments, monitoring, and reporting. They cater to various business sizes and industries.
Is Standardized Information Gathering Questionnaire (SIG) legit?
Standardized Information Gathering Questionnaire (SIG) appears legitimate, offering a standardized approach to vendor risk assessments. It's designed for large businesses, especially in finance, with positive G2 reviews. However, limited information is available regarding website traffic, employee growth, and user reviews beyond G2.
How much does Standardized Information Gathering Questionnaire (SIG) cost?
Standardized Information Gathering (SIG) Questionnaire corporate license costs between 6150 USD and 6500 USD. For detailed pricing or information on whether it's worth the product investment, contact the vendor directly. It is available as a standalone product or bundled with Shared Assessments membership.
Is Standardized Information Gathering Questionnaire (SIG) customer service good?
There are no customer service reviews available for Standardized Information Gathering Questionnaire (SIG) to determine if their customer service is good.
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.