Mitratech Vendor Risk Assessment Software Capabilities

Mitratech Vendor Risk Assessment Software Capabilities

Features That Safeguard Your Company: Mitratech Vendor Risk Assessment Sofware Capabilities

Mitratech’s SaaS-based TPRM Solution delivers comprehensive capabilities to automate the entire vendor risk assessment lifecycle.

  • Vendor Risk Assessment Library

    Vendor Risk Assessment Library

    Leverage 800+ pre-defined assessment templates, including SIG and H-ISAC standardized vendor risk assessment questionnaires, as well as GDPR, FCA, PCI-DSS, ISO 27001, CMMC, NIST, Modern Slavery, Anti-Bribery, Health & Safety, Management & Ethics and more with the Prevalent Compliance Framework (PCF). Import offline assessments or build custom questionnaires with risk and control elements relevant to your business.

  • AI Assessment Completion

    AI Assessment Completion

    Use AI to transfer data from any completed assessment in an Excel spreadsheet or PDF document (like a SOC2 report) to a new assessment, regardless of formatting. After populating the new assessment, the Platform analyzes which questions were completed by AI, highlights any unanswered questions, and allows for a manual review to accept or reject the AI-generated answers.

  • Unified Risk & Compliance Registers

    Unified Risk & Compliance Registers

    Generate risk registers upon survey completion. The solution normalizes, correlates, and analyzes information across risk assessment questionnaires and cyber, business, reputational, and financial monitoring from the Vendor Threat Monitor. This provides context and remediation support while automating risk reviews, reporting, and response.

  • Virtual Third-Party Risk Advisor

    Virtual Third-Party Risk Advisor

    Leverage conversational AI trained on billions of events and more than 20 years of experience to deliver expert risk management insights in the context of industry guidelines such as NIST, ISO, SOC 2, and others. Quickly navigate to risk registers, contracts, or survey submissions; change a vendor’s status; or inquire about the services of a specific third party.

  • Automate Workflows with Playbooks

    Automate Workflows with Playbooks

    Leverage a pre-packaged library of ActiveRules to automate a range of tasks normally performed as part of the onboarding, assessment, and review processes (like updating vendor profiles and risk attributes, sending notifications, or activating workflow) – all utilizing if-this, then-that logic.

  • Built-in Remediation Guidance

    Built-in Remediation Guidance

    Use built-in remediation guidance for every risk to efficiently communicate with vendors and coordinate remediation efforts in-platform. Capture and audit conversations; record estimated completion dates; accept or reject submissions on an answer-by-answer basis; and assign tasks.

  • Reporting & Analytics with Machine Learning

    Reporting & Analytics with Machine Learning

    Reveal risk trends, status, and exceptions to common behavior for individual vendors or groups with embedded machine learning insights. Quickly identify outliers across assessments, tasks, risks, etc. that could warrant further investigation.

  • Compliance Reporting

    Compliance Reporting

    Automatically map information gathered from control-based assessments to regulatory frameworks, including ISO 27001, NIST, CMMC, GDPR, CoBiT 5, SSAE 18, SIG, SIG Lite, SOX, NYDFS, and more to quickly visualize and address important compliance requirements.

  • Relationship Mapping

    Relationship Mapping

    Identify relationships between your organization and third and Nth parties to discover dependencies and visualize information paths.

  • Document & Evidence Management

    Document & Evidence Management

    Centralize agreements, contracts, and supporting evidence. This feature includes built-in, AI-based automated document analysis — based on AWS natural language processing and machine learning analytics — to confirm evidence suitability.

  • Vendor Management Dashboards

    Vendor Management Dashboards

    Simplify vendor management with custom dashboards that can include calendar views of actions, survey schedules, tasks, audit trails, and requirements tracking. Build vendor profiles that include location, ownership, revenue, SIC code, fiscal year end, technologies in use, mapping of fourth parties, and other information for managing the full vendor lifecycle.

  • Connector Marketplace

    Connector Marketplace

    Access dozens of pre-built connectors that use a low-code approach to integrate the solution with other tools.