VendorRisk beyond financial services
Vendor risk management for insurers, healthcare and other industries
VendorRisk was built for financial institutions, and the same platform runs vendor programs for insurers, healthcare organizations, investment firms, universities, nonprofits and public agencies. You define the questionnaires, risk levels and review schedule, and the software keeps the record.
- Plans from $8,000 per year
- Unlimited users
- No long-term contract
The same program, whoever you answer to
One register of every vendor
Every vendor in one place, each with a risk level, an internal owner, contacts and documents, plus up to 50 custom fields for what your organization tracks.
Questionnaires you write
Build as many questionnaires as you need with your own questions. Vendors complete them in a secure portal, and the answers are scored and routed for approval.
Risk levels you define
Risk assessment templates score responses and tie each vendor's risk level to how often it is reviewed.
Contracts, notice dates and provisions
Track every vendor agreement under the contract types you set up, with a library of 40+ provisions and email reminders ahead of notice and end dates.
Sanctions and watchlist screening
Search watchlists such as OFAC and SAM from the vendor record.
Sign-off on the record
Route reviews through a committee for documented approval, and export program reports to Excel or PDF for your board or leadership.
Between reviews, nothing lapses
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Security reports and insurance certificates stay current
Request documents from vendors through the portal and get alerted before they expire. Document requests → -
Critical vendors are monitored daily
With an Argos Risk subscription, financial health and cybersecurity scores appear on the vendor record. Argos Risk integration → -
Incidents and findings are followed to closure
Log incidents, raise remediation items on flagged review answers, and track each one until it is resolved. Remediation tracking →
Common questions
- Is VendorRisk only for financial institutions?
- No. Most of our customers are banks, credit unions and mortgage lenders, and we also work with insurers, healthcare organizations, investment firms, universities, nonprofits and public agencies. Nothing in the software is tied to banking rules: the questionnaires, risk levels, review schedules and custom fields are yours to define.
- We're a healthcare organization. Do you sign business associate agreements?
- No. VendorRisk holds records about your vendors, such as contracts, questionnaires and documents. It is not meant to hold patient data, and we do not sign business associate agreements.
- What does VendorRisk cost?
- Pricing is published and based on the modules you choose and the number of vendors you manage, not on your size or number of users. Plans start at $8,000 per year for four core modules and up to 50 vendors.
- Where is our data hosted?
- On AWS in the United States. Our security page covers hosting, access controls, backups and testing in detail.
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