The Role of Software in Vendor Risk Management Products | UpGuard

This article explains the importance of Vendor Risk Management (VRM) as organizations expand their third-party ecosystems and outlines what to look for in TPRM software, including continuous security monitoring, security ratings, real-time risk intelligence, governance/compliance support, customizable dashboards, automation, APIs, and dedicated account management. It emphasizes ongoing assessment across the vendor lifecycle to improve visibility, prioritize remediation, and maintain acceptable security postures among vendors, highlighting how modern VRM platforms help operationalize these practices.