Best Third-Party Risk Management Software in 2026
Updated
In short: SecurityScorecard Third-Party Risk Management is ranked #1 of 32 as of 7 October 2026, ahead of Drata and RiskWatch Vendor Risk Management. The lowest first paid tier on this page is RiskXchange at £1241.67/mo.
When outside vendors handle services or data, third-party risk management software can help organize their assessment and oversight. Compared on assessment method, continuous monitoring, evidence collection, framework mapping, and questionnaire library, the entries show different ways to structure reviews and track risk. Vendor limit and workflow automation add operational considerations; free-plan availability and paid-from pricing help you weigh access and cost. SecurityScorecard Third-Party Risk Management, Drata, and Diligent Audit are among the named options to compare. Consider which review methods, monitoring practices, and workflow features suit the way your organization manages vendor relationships.
32 third-party risk management software ranked on what their makers publish — plans and prices, free tiers, platforms and the facts on their own pages.
32ranked
1free plans on this page
£1241.67/molowest paid tier
7 Oct 2026last checked
Input list Third-Party Risk Management Software 25 channels on this page · 140 of 200 spec lines stated by the makers
Ch Tool Free planPaid fromAssessment methodContinuous monitoringQuestionnaire libraryFramework mappingEvidence collectionWorkflow automation Spec sheet Score
01 SecurityScorecard Third-Party Risk Management Free planYesPaid fromnot statedAssessment methodhybridContinuous monitoringYesQuestionnaire libraryYesFramework mappingYesEvidence collectionYesWorkflow automationYes 7/8spec lines stated 7.4
02 Drata Free planNoPaid fromnot statedAssessment methodnot statedContinuous monitoringnot statedQuestionnaire librarynot statedFramework mappingnot statedEvidence collectionYesWorkflow automationnot stated 2/8spec lines stated 7.3
03 RiskWatch Vendor Risk Management Free planNoPaid fromnot statedAssessment methodquestionnaireContinuous monitoringYesQuestionnaire libraryYesFramework mappingYesEvidence collectionYesWorkflow automationYes 7/8spec lines stated 7.2
04 Diligent Audit Free planNoPaid fromnot statedAssessment methodquestionnaireContinuous monitoringYesQuestionnaire libraryYesFramework mappingYesEvidence collectionYesWorkflow automationYes 7/8spec lines stated 6.9
05 nBoardPortal Free plannot statedPaid fromnot statedAssessment methodhybridContinuous monitoringYesQuestionnaire libraryYesFramework mappingnot statedEvidence collectionYesWorkflow automationYes 5/8spec lines stated 6.9
06 Panorays Free plannot statedPaid fromnot statedAssessment methodhybridContinuous monitoringYesQuestionnaire libraryYesFramework mappingYesEvidence collectionYesWorkflow automationYes 6/8spec lines stated 6.9
07 UpGuard Free planYesPaid fromnot statedAssessment methodnot statedContinuous monitoringnot statedQuestionnaire librarynot statedFramework mappingnot statedEvidence collectionnot statedWorkflow automationnot stated 1/8spec lines stated 6.9
08 Riskonnect Free plannot statedPaid fromnot statedAssessment methodnot statedContinuous monitoringnot statedQuestionnaire librarynot statedFramework mappingnot statedEvidence collectionYesWorkflow automationnot stated 1/8spec lines stated 6.8
09 Whistic Free planYesPaid fromnot statedAssessment methodhybridContinuous monitoringYesQuestionnaire libraryYesFramework mappingYesEvidence collectionYesWorkflow automationYes 7/8spec lines stated 6.7
10 Black Kite Third-Party Cyber Risk Free plannot statedPaid fromnot statedAssessment methodhybridContinuous monitoringYesQuestionnaire libraryYesFramework mappingYesEvidence collectionYesWorkflow automationYes 6/8spec lines stated 6.6
11 Deepinfo TPRM Free planNoPaid fromnot statedAssessment methodratingsContinuous monitoringYesQuestionnaire libraryNoFramework mappingYesEvidence collectionYesWorkflow automationYes 7/8spec lines stated 6.6
12 Athereon GRC Supplier Risk Management Free planNoPaid fromnot statedAssessment methodquestionnaireContinuous monitoringYesQuestionnaire libraryYesFramework mappingYesEvidence collectionYesWorkflow automationYes 7/8spec lines stated 6.5
13 Bitsight External Attack Surface Management Free planNoPaid fromnot statedAssessment methodhybridContinuous monitoringYesQuestionnaire libraryYesFramework mappingYesEvidence collectionYesWorkflow automationYes 7/8spec lines stated 6.5
14 FortaRisks Third-Party Risk Free planNoPaid from$15,000/yrAssessment methodhybridContinuous monitoringYesQuestionnaire libraryYesFramework mappingYesEvidence collectionYesWorkflow automationYes 8/8spec lines stated 6.5
15 ProcessUnity Third-Party Risk Management Free plannot statedPaid fromnot statedAssessment methodhybridContinuous monitoringYesQuestionnaire libraryYesFramework mappingYesEvidence collectionYesWorkflow automationYes 6/8spec lines stated 6.5
16 ThirdSentry Free planNoPaid fromnot statedAssessment methodhybridContinuous monitoringYesQuestionnaire libraryYesFramework mappingYesEvidence collectionYesWorkflow automationYes 7/8spec lines stated 6.5
17 OneTrust Consent Management Platform Free planNoPaid fromnot statedAssessment methodhybridContinuous monitoringYesQuestionnaire libraryYesFramework mappingYesEvidence collectionnot statedWorkflow automationYes 6/8spec lines stated 6.4
18 Venminder Free planNoPaid fromnot statedAssessment methodhybridContinuous monitoringYesQuestionnaire libraryYesFramework mappingYesEvidence collectionYesWorkflow automationYes 7/8spec lines stated 6.4
19 Compyl Vendor Risk Management Free planNoPaid fromnot statedAssessment methodhybridContinuous monitoringYesQuestionnaire libraryYesFramework mappingYesEvidence collectionYesWorkflow automationYes 7/8spec lines stated 6.3
20 Gartner Third-Party Cybersecurity Insights Free plannot statedPaid fromnot statedAssessment methodhybridContinuous monitoringYesQuestionnaire libraryYesFramework mappingYesEvidence collectionnot statedWorkflow automationYes 5/8spec lines stated 6.0
21 Gatekeeper Free planNoPaid fromnot statedAssessment methodnot statedContinuous monitoringnot statedQuestionnaire librarynot statedFramework mappingnot statedEvidence collectionnot statedWorkflow automationnot stated 1/8spec lines stated 6.0
22 ShieldRisk AI Free plannot statedPaid fromnot statedAssessment methodhybridContinuous monitoringYesQuestionnaire libraryYesFramework mappingYesEvidence collectionYesWorkflow automationYes 6/8spec lines stated 6.0
23 Certa Third-Party Risk Management Free plannot statedPaid fromnot statedAssessment methodhybridContinuous monitoringYesQuestionnaire libraryYesFramework mappingYesEvidence collectionYesWorkflow automationYes 6/8spec lines stated 5.9
24 Guardial Third-Party Risk Free plannot statedPaid fromnot statedAssessment methodhybridContinuous monitoringYesQuestionnaire libraryYesFramework mappingnot statedEvidence collectionYesWorkflow automationYes 5/8spec lines stated 5.9
25 RiskXchange Free planNoPaid fromnot statedAssessment methodhybridContinuous monitoringYesQuestionnaire librarynot statedFramework mappingYesEvidence collectionYesWorkflow automationYes 6/8spec lines stated 5.9
Compare all 25 in a table
| # | Tool | Score | Free plan | From | Free plan | Paid from | Assessment method | Continuous monitoring |
|---|---|---|---|---|---|---|---|---|
| 1 | SecurityScorecard Third-Party Risk Management | 7.4 | Free plan | Free | Yes | — | hybrid | Yes |
| 2 | Drata | 7.3 | No | — | No | — | — | — |
| 3 | RiskWatch Vendor Risk Management | 7.2 | No | — | No | — | questionnaire | Yes |
| 4 | Diligent Audit | 6.9 | No | — | No | — | questionnaire | Yes |
| 5 | nBoardPortal | 6.9 | No | — | — | — | hybrid | Yes |
| 6 | Panorays | 6.9 | No | — | — | — | hybrid | Yes |
| 7 | UpGuard | 6.9 | No | $1,750/mo | Yes | — | — | — |
| 8 | Riskonnect | 6.8 | No | — | — | — | — | — |
| 9 | Whistic | 6.7 | No | — | Yes | — | hybrid | Yes |
| 10 | Black Kite Third-Party Cyber Risk | 6.6 | No | — | — | — | hybrid | Yes |
| 11 | Deepinfo TPRM | 6.6 | No | — | No | — | ratings | Yes |
| 12 | Athereon GRC Supplier Risk Management | 6.5 | No | — | No | — | questionnaire | Yes |
| 13 | Bitsight External Attack Surface Management | 6.5 | No | — | No | — | hybrid | Yes |
| 14 | FortaRisks Third-Party Risk | 6.5 | No | — | No | 15,000 /yr | hybrid | Yes |
| 15 | ProcessUnity Third-Party Risk Management | 6.5 | No | — | — | — | hybrid | Yes |
| 16 | ThirdSentry | 6.5 | No | — | No | — | hybrid | Yes |
| 17 | OneTrust Consent Management Platform | 6.4 | No | — | No | — | hybrid | Yes |
| 18 | Venminder | 6.4 | No | — | No | — | hybrid | Yes |
| 19 | Compyl Vendor Risk Management | 6.3 | No | — | No | — | hybrid | Yes |
| 20 | Gartner Third-Party Cybersecurity Insights | 6.0 | No | — | — | — | hybrid | Yes |
| 21 | Gatekeeper | 6.0 | No | — | No | — | — | — |
| 22 | ShieldRisk AI | 6.0 | No | — | — | — | hybrid | Yes |
| 23 | Certa Third-Party Risk Management | 5.9 | No | — | — | — | hybrid | Yes |
| 24 | Guardial Third-Party Risk | 5.9 | No | — | — | — | hybrid | Yes |
| 25 | RiskXchange | 5.9 | No | £1241.67/mo | No | — | hybrid | Yes |
Is your tool on this list?
Numbered spots on this list can be sponsored, and a sponsored row is labelled as paid.
Questions about this list
Which third-party risk management software is ranked first on Specifiction?
SecurityScorecard Third-Party Risk Management is ranked #1 of 32 with a score of 7.4. Drata is second and RiskWatch Vendor Risk Management third.
How many of these have a free plan?
1 of the 25 on this page publish a free plan on their own pricing pages.
Which is the cheapest paid option?
On this page, RiskXchange has the lowest first paid tier we found: £1241.67/mo.
How is this list ranked?
Ranked on what each maker publishes, the fullest spec sheet first: how deeply the product is documented, the platforms it runs on, a free tier or trial to test it, and its standing.
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