Vendors
Understand how Sprinto’s Vendors module helps streamline third-party risk management with automated assessments, due diligence, breach alerts, and security questionnaires.
Introduction
Third-party vendors often have access to sensitive systems and data. From a security compliance standpoint, it’s critical to evaluate and monitor the risks associated with these external relationships. Sprinto’s Vendors module offers a unified, audit-ready platform to manage vendor information, assess risk, conduct due diligence, and respond to compliance requirements effectively.
Why It’s Important
Compliance frameworks such as SOC 2, ISO 27001, HIPAA, and GDPR mandate regular evaluation and documentation of third-party risks. Without centralised oversight, tracking vendor assessments, documents, and breach incidents becomes operationally challenging and non-compliant.
Sprinto’s vendor management workflow enables you to stay ahead of these challenges with structured processes, automation, and built-in templates—eliminating the need for ad-hoc tools and spreadsheets.
How Sprinto Manages Vendor Risk
The Vendors module is part of Sprinto’s broader Risk and Compliance suite. It enables you to:
Add and organise vendors through discovery, library search, or bulk uploads.
Evaluate risk levels using Sprinto’s scoring rubric or your own risk parameters.
Assign due diligence tasks, upload or request documents, and validate security posture.
Send and track questionnaires, including custom or preloaded templates.
Monitor breach events tied to your vendors, sourced from verified public feeds.
Customise scoring models, add custom fields, and manage vendor-specific documents centrally.
All vendor-related data is tracked and visualised for auditability, including version history, due diligence outcomes, and assessment cycles.
Key Modules
All vendors
Central directory for viewing, filtering, and updating vendor records.
Monitoring
Track pending due diligence, checks, and alerts in real time.
Vendor risk assessment
Conduct periodic assessments and classify risk based on current vendor posture.
Vendor discovery
Automatically identify apps used by staff through SSO logs.
Breach monitoring
View and respond to breach incidents related to vendors.
Vendor security questionnaire
Upload, assign, and review security questionnaires.
Configuration
Customise risk rubrics, due diligence logic, document templates, and metadata fields.
Use Cases
New Vendor Onboarding
Add a vendor and assign a default risk score and admin for oversight.
Annual Risk Reviews
Reassess risk profiles and complete management reviews.
Due Diligence Automation
Use Sprinto AI to analyse documents and generate findings.
Audit Preparation
Export vendor activity, questionnaire results, and breach history for auditors.
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