RiskRate by Navex Global is a third party risk management software that monitors vendor due diligence. The system helps users conduct third party background checks.
RiskRate offers continuous monitoring of third party risk to ensure that they are screened against the right criteria. Users can make data driven decisions with the automated system that looks at all third parties against a standard set of data.
The system offers a centralized platform, custom risk scoring, drive training and policy attestations, an automated survey and workflow questionnaire, in depth screening, reduced false positives, and more.