Vendor Risk Management Solution
Bring structure to how you select, approve, and monitor third parties.
Vendors and other third parties extend your capabilities and your risk. The Vendor Risk Management Solution from Syntrove aligns onboarding, due diligence, and ongoing monitoring so you can demonstrate control over who you work with and why.
The Challenge
Problems We Solve
Unclear ownership of vendor onboarding and reviews
Inconsistent due diligence by category, region, or spend
Little or no ongoing monitoring beyond contract signing
Difficult, manual preparation for audits and regulatory reviews
What's Included
Syntrove products that cover the vendor lifecycle — from first contact through ongoing oversight
Syntrove ONBOARD
Vendor onboarding coordination
Syntrove CHECK
Background and risk screening for vendors and principals
Syntrove COMPLY
Higher‑risk vendor reviews and issue management
Syntrove BRANDWATCH
External monitoring for key or higher‑risk vendors
Syntrove CORE
Unified vendor and principal profiles
Outcomes
Outcomes You Can Expect
Standardized vendor onboarding steps and approvals
Risk‑tiered due diligence with clear documentation
Ongoing monitoring that's visible, not just 'in theory'
Stronger vendor story for auditors, regulators, and banks
Deployment
How Deployment Works
1
2
3
Segment vendors
Segment vendors by type, spend, and risk.
Configure ONBOARD templates
Configure ONBOARD templates for each segment.
Embed risk-based checks
Embed CHECK / COMPLY / BRANDWATCH based on risk level.
4
Roll out to teams
Roll out to procurement, business owners, and compliance teams.