--- description: Review of ThirdPartyTrust Software: system overview, features, price and cost information. Get free demos and compare to similar programs. image: https://gdm-localsites-assets-gfprod.imgix.net/images/software_advice/og_logo-55146305bbe7b450bea05c18e9be9c9a.png title: ThirdPartyTrust | Reviews, Pricing & Demos - SoftwareAdvice AU --- Breadcrumb: [Home](/) > [Supply Chain Management Software](/directory/4250/scm/software) > [ThirdPartyTrust](/software/325099/thirdpartytrust) # ThirdPartyTrust Canonical: https://www.softwareadvice.com.au/software/325099/thirdpartytrust > ThirdPartyTrust is a cloud-based vendor management platform that helps automate and streamline the risk assessment process for both enterprises and third-party vendors. It provides an end-to-end document repository and workflow automation tool that enables organizations to enhance visibility and manage vendor risks efficiently. ThirdPartyTrust also offers Beacon, a centralized profile for vendors to share their security posture, facilitating streamlined assessments with customers. Additionally, its in-built APIs facilitate integration with various business applications for expanded risk management capabilities. > > Verdict: Rated **5.0/5** by 3 users. Top-rated for **Likelihood to recommend**. ----- ## Quick Stats & Ratings | Metric | Rating | Detail | | **Overall** | **5.0/5** | 3 Reviews | | Ease of Use | 5.0/5 | Based on overall reviews | | Customer Support | 5.0/5 | Based on overall reviews | | Value for Money | 5.0/5 | Based on overall reviews | | Features | 4.3/5 | Based on overall reviews | | Recommendation percentage | 90% | (9/10 Likelihood to recommend) | ## About the vendor - **Company**: ThirdPartyTrust - **Location**: Chicago, US - **Founded**: 2015 ## Commercial Context - **Starting Price**: USD 7,000.00 - **Pricing model**: Other (Free Trial) - **Pricing Details**: Pricing is dependent on number of vendors. Contact ThirdPartyTrust for detailed pricing information. - **Target Audience**: 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+ - **Deployment & Platforms**: Cloud, SaaS, Web-based - **Supported Languages**: English - **Available Countries**: Canada, United Kingdom, United States ## Features - API - Access Controls/Permissions - Activity Dashboard - Approval Process Control - Audit Management - Audit Trail - Collaboration Tools - Data Visualization - Document Management - EDI - Import/Export Management - Performance Metrics - Risk Assessment - Self Service Portal - Single Sign On - Sourcing Management - Supplier Management - User Management - Vendor Master Data Management ## Support Options - Email/Help Desk - Phone Support - 24/7 (Live rep) - Chat ## Category - [Supply Chain Management Software](https://www.softwareadvice.com.au/directory/4250/scm/software) ## Related Categories - [Supply Chain Management Software](https://www.softwareadvice.com.au/directory/4250/scm/software) - [Vendor Management Software](https://www.softwareadvice.com.au/directory/3361/vendor-management-system/software) ## Alternatives 1. 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Every issue we have had with the platform we have raised with ThirdPartyTrust, they have made the necessary changes to address. ----- ### "ThirdPartyTrust has helped us to streamline our vendor security reviews and risk assessment process." — 5.0/5 > **Chris** | *18 January 2018* | Insurance | Recommendation rating: 10.0/10 > > **Pros**: This solution provides a one stop shop for all vendor related security assessments. All responses are recorded within the online application, and all documentation is organized based on category and type of document. It has eliminated the need for us to constantly email or call vendors with specific questions related to their responses (this can now be done inline using the discussion feature). We receive breach notifications, a security scorecard for the vendor and also notifications regarding any documentation that might be expiring. We can easily setup the vendor for defined review cycles. By utilizing the Risk Impact section, we are able to cater our assessment based on the risk to our organization, and drive certain requirements as part of the review. There are multiple ways to enforce requirements (including labels, breaches, etc...) We currently do not use those options as of yet, but the ability to do so is there. All in all, it has helped to streamline our security review and assessment process. In addition, new features are always being added, and the vendor is willing to listen and enhance their product, as necessary, to help create a better product. Their support department is very responsive and quick to resolve any issues or address any questions. > > **Cons**: As of this writing and the changes implemented by the vendor throughout their release schedule, the pros definitely outweigh the cons. Originally, there was a lot of back and forth using email and calling to have vendors clarify some of their responses. Now that this gap is filled, I can say that our biggest hurdle has been addressed. > > A more streamlined and efficient security review and assessment process. Less paperwork and back and forth between us and our vendors was a significant benefit as well. A centralized one stop shop for all vendor related material and documentation. Also, a nice dashboard showing us at a glance, our vendors and their risk posture throughout our organization. ----- ### "Simplified next generation vendor management solution" — 5.0/5 > **Deepu** | *18 January 2018* | Food & Beverages | Recommendation rating: 8.0/10 > > **Pros**: Ease of use. Quantify risk appropriately in real-time for Vendors. Reduce time spent on Vendor management. > > Its a growing platform. ## Links - [View on SoftwareAdvice](https://www.softwareadvice.com.au/software/325099/thirdpartytrust) ## This page is available in the following languages | Locale | URL | | en | | | en-AU | | | en-GB | | | en-IE | | | en-NZ | | ----- ## Structured Data