Manage and track issues from creation to remediation

A comprehensive third-party risk management process involves identifying and mitigating issues. Issues or gaps can be found through audits, assessments or monitoring processes. In some cases, public news or events may provide a reason to record an issue. Remediating issues in a timely manner is important to mitigate risks. Most organizations though have no defined processes to document or remediate issues. This increases exposure and risks in the vendor management program.

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CENTRL's Vendor360 can help manage vendor issues from creation to remediation. It includes intuitive workflows to assign issues to owners, collaborate with vendors and track completions.

  • Identify and create issues: Issues can be tied to vendor assessment questions or can be standalone
  • Capture important details about specific issue severity, resolution recommendations, and issue status
  • Route issues and their related updates to relevant internal users within the organization
  • Collaborate with vendors and request updates on issue remediation

Learn How CENTRL Can Help with your
Vendor Risk Management Program

Related Vendor Risk Management Links

Initial Evaluation and Vendor Onboarding


Third-Party Assessments


Vendor Audits