Vanta Third Party Risk Management review

Vanta ranks second because its TPRM product removes the most manual steps for teams that already run compliance in Vanta. The TPRM Agent discovers newly adopted vendors, requests and chases documents, retrieves evidence from vendor Trust Centers and pulls SLAs, DPAs and security terms out of SOC 2 reports. Your own risk tiers and scoring logic are applied to every assessment, and findings flow into the same risk register that holds your audit risks, so there is one view of risk instead of two tools. Vanta says customers see 62% faster vendor evidence collection, and its recent purchase of Riskey adds continuous third-party monitoring. You can buy it standalone or as an add-on. The trade-offs are cost visibility, since every Vanta plan is priced on quote, and depth for large regulated programs: there is no proprietary security rating, and procurement-heavy teams may want the lifecycle tooling of ProcessUnity or Prevalent. For SaaS companies with a Vanta subscription, it is the natural pick.

Who it is for

companies already using Vanta for SOC 2 or ISO 27001

Price

See vendor pricing (USD check pending).

US price check pending. See the vendor pricing page.

Key features

• TPRM Agent that runs the assessment lifecycle, from evidence requests to follow-ups
• Automatic vendor discovery to catch shadow IT and AI tools
• Pulls documents from first- and third-party Trust Centers
• Extracts SLAs, DPAs and security terms from SOC 2 reports
• Vendor findings feed the same risk register as your compliance program

Strengths and weaknesses

• Strength: Sold standalone or as an add-on to an existing Vanta plan
• Strength: Vendor findings land in the same risk register as compliance work
• Strength: Continuous monitoring for breaches and material vendor changes, extended by the Riskey acquisition
• Weakness: No public price for any plan
• Weakness: No security ratings scorecard of its own
• Weakness: Best value depends on already running Vanta for compliance

Key facts

• Purchase options: Standalone or add-on to a Vanta plan
• Core plans: Essentials, Plus, Professional, Enterprise
• Recent acquisition: Riskey, for continuous third-party monitoring
• Pricing: Quote based

Where it ranks

Vanta Third Party Risk Management is No. 2 in our Best Third-Party Risk Management Software verdict.