RiskRate by Navex Global is a third-party risk management solution 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.