Protect your organization with third party risk screening software

Your success relies on business relationships as solid as your principles. Easily identify third parties that share your vision and safeguard your most valuable partnerships with NAVEX One RiskRate.

Detailed

In-depth third-party screening and monitoring

Dynamic

Dynamic, risk-based workflows

Automated

Automated risk scoring and flagging

Find third-party risks before risks reach you

Could a promising new business partner secretly cause major compliance risks down the line? If you’re tired of sifting through endless data to find red flags, we’ve got the solution. With NAVEX One screening and monitoring software, RiskRate, you can:

• Automate onboarding with assessment distribution, documentation intake and approval
• Create individual profiles with risk scoring rules oriented to your needs
• Uncover risks from 50+ categories, including ESG, regulatory and ownership risks
• Gain additional insight into risks with enhanced due diligence to make informed decisions
• Get real-time alerts for new risk updates
• Close risk loopholes and establish stronger, more reliable third-party relationships.

Smart vetting leads to safer partnerships

With a single platform overview, automating your third-party screening and monitoring admin means no chasing paperwork.

Boost new partnerships from the start

Get third parties onboarded faster than you can say “risk assessment” with NAVEX One’s screening and monitoring software.

• Self-service portal – Speeds up processes by allowing third parties to self-register their information
• Detailed scoring – Adjusts automated workflows and processes to fit your strategy through customizable weighting and scoring
• In-app translation – Removes language hurdles when working with global third parties

Keep risks at bay behind the scenes

Stay ahead of potential pitfalls with automated workflows and attentive monitoring processes.

• Real-time alerts – You stay informed with updates that matter if third-party statuses change
• Enhanced due diligence – Dive deeper into risks for a full understanding to make informed decisions
• Ownership uncovered – Quickly figure out who owns what for full transparency over third-party operations

Your all-in-one risk detection overview

Turn insights into actions with dashboards that make sense of your third-party risk landscape.

• Audit-ready – Pass audits with flying colors using detailed reports, with filters for risk rating, country, type and more
• Trend tracking – Make your decision-making proactive using risk data intelligence to predict and identify patterns
• Risk mapping – Helps you understand exactly where major risks lie and what actions to take