ProcessUnity Recognized in 2021 Gartner® Critical Capabilities for IT Vendor Risk Management Tools
ProcessUnity Receives Highest Score in the Vendor Risk Management Solution Use Case for the Fourth Consecutive Year
ProcessUnity, a leading provider of cloud-based applications for risk and compliance management, announced that it received the highest scores (4.21/5.0) in the Gartner Critical Capabilities for IT Vendor Risk Management Tools report for the fourth consecutive year. The report, written by Gartner analysts Joanne Spencer, Luke Ellery and Edward Weinstein, evaluates the capabilities of IT Vendor Risk Management software providers and delivers product ratings and scores of key capabilities across critical differentiating usage scenarios.
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Download a complimentary copy of the 2021 Gartner Critical Capabilities for IT Vendor Risk Management Tools and learn why ProcessUnity received the highest score in the “Vendor Risk Management Solution” Use Case.
“We are excited to announce that Gartner has recognized ProcessUnity VRM as one of the top IT Vendor Risk Management Tools for the fourth year in a row,” said Sean Cronin, Chief Executive Officer, ProcessUnity. “Our strategy to combine a best-in-class Vendor Risk Management platform with best-in-class content is paying off. Our customers are onboarding vendors faster, completing due diligence on more vendors and efficiently monitoring vendors between periodic assessments.”
Gartner’s research examines the ability of Vendor Risk Management software solutions to address three Use Cases that are based on the delivery requirements most often expressed by Gartner clients.
ProcessUnity Vendor Risk Management is a software-as-a-service (SaaS) application that helps companies identify and remediate risks posed by third-party service providers. Combining a powerful vendor services catalog with risk process automation and dynamic reporting, ProcessUnity VRM streamlines third-party risk activities while capturing key supporting documentation that helps ensure compliance and fulfills regulatory requirements. ProcessUnity VRM provides powerful capabilities that automate tedious tasks and free up third-party risk managers to focus on higher-value mitigation strategies.