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RiskRate
Third party risk management & due diligence
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RiskRate - 2026 Pricing, Features, Reviews & Alternatives
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Last updated: June 2021
RiskRate overview
What is RiskRate?
RiskRate is an enterprise third party risk management and vendor due diligence solution enabling organizations to on-board, screen, and monitor third parties. The centralized, configurable platform aims to assist businesses with deploying and managing an effective risk-based program to reduce third party bribery, corruption, and other risk concerns.
In order to aid users with reducing third party risks, RiskRate creates profiles for each third party vendor and generates a risk rating, either red, yellow, or green, to indicate the level of alert based on predefined rating criteria. Third parties can be screened and monitored continuously to allow users to stay informed of any changes in risk status, and detailed audit reports can be carried out and archived within the RiskRate system. Real-time alerts can be setup to inform users when one of their third parties status changes.
Onboarding tools are provided to help businesses with onboarding and screening their third parties through vetting processes such as custom questionnaires, shared communications, attestation, policy training, and more. Third parties can be screened for adverse media, political exposure, sanctions, and more, and RiskRate provides the tools to carry out a deeper analysis when needed.
Key benefits of using RiskRate
Starting price
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RiskRate’s user interface
RiskRate reviews
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- Customer support
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RiskRate's features
RiskRate alternatives
RiskRate
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No pricing info
Pirani
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Wrike
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AuditBoard
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RiskRate support options
Typical customers
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RiskRate FAQs
RiskRate has the following typical customers:
Large Enterprises, Mid Size Business, Small Business
These products have better value for money
Q. What languages does RiskRate support?
RiskRate supports the following languages:
English
Q. Does RiskRate offer an API?
No, RiskRate does not have an API available.
Q. What level of support does RiskRate offer?
RiskRate offers the following support options:
Knowledge Base, Email/Help Desk, Chat, Phone Support