VendorControls by CTM360 is a comprehensive Governance, Risk, and Compliance (GRC) tool designed to enhance and simplify the vendor risk assessment process across an organization's third parties, including the supply chain. It streamlines the evaluation of potential risks associated with external vendors and employs automation for the security questionnaire process. VendorControls integrates with over 200 global compliance frameworks to ensure regulatory compliance and reduce the time and effort in managing the third-party risk management (TPRM) process. It provides a comprehensive compliance score to gain insights into vendor performance across critical domains for informed decision-making. The platform allows for secure evidence sharing and real-time communication with assessors while answering the security questionnaire, saving time and eliminating delays. Users can create new custom questionnaires by leveraging the control question library to create a tailored questionnaire.
