Third Party Risk Management Made Easy

Managing third-party risks isn’t just about ticking boxes—it’s about protecting your data, reputation, and customers. With GDPR and other regulations tightening the rules around vendor accountability, privacy teams can’t afford to overlook their suppliers.

Responsum’s platform takes the guesswork out of third party risk management. From onboarding new processors to tracking risk over time, we help you assess, monitor, and collaborate with your vendors—efficiently and securely.

Why Third Party Risk Management Matters

When you trust vendors with sensitive data, you’re also inheriting their risks. Responsum ensures you can manage those risks proactively—not reactively.

Protect Your Organization From Data Breaches

A weak link in your vendor chain can quickly lead to security incidents. Responsum helps you stay a step ahead by identifying risky vendors before issues arise.

Assess third parties during onboarding and periodically thereafter
Link vendors to their associated risks, processing activities, and systems
Use risk scoring to prioritize remediation

Stay Compliant With GDPR and Other Frameworks

Article 28 of the GDPR requires organizations to vet and manage data processors. Responsum simplifies compliance by embedding these steps into your workflow.

Automatically collect and manage Data Processing Agreements (DPAs)
Keep audit trails and documentation ready for inspections
Align with ISO 27001, NIST, and more via built-in templates

Try Responsum for free

Ready to experience the power of Responsum? Take the first step towards streamlined privacy management and data protection by trying Responsum for free today.

Get hands-on with our user-friendly platform and see how it can help you navigate compliance, protect sensitive data, and grow your business securely.

How Responsum Simplifies Third Party Risk Management

With Responsum, you don’t need a separate tool—or spreadsheet—to manage vendor risk. It’s built into your privacy platform from day one.

Centralize All Vendor Information in One Platform

Say goodbye to scattered files and emails. With Responsum, you get one source of truth for all vendor-related data.

Maintain a live vendor inventory with customizable fields
Assign vendor owners and track key contacts
Link vendors to processing activities, risks, and contracts

Automate Risk Assessments and Reviews

Manually following up with vendors? Not anymore. Responsum automates the process so you can focus on strategy—not admin.

Send out security questionnaires and follow-ups with ease
Set periodic review cycles and get notified when vendors need attention
Score vendor risks based on probability, impact, and category

Build a Stronger Third-Party Risk Strategy

Responsum isn’t just about identifying risks—it helps you treat and report on them, too. So you always know what’s done, what’s pending, and what needs escalation.

Turn Risks Into Actionable Treatment Plans

For each vendor risk identified, Responsum lets you create, assign, and monitor treatment steps until resolution.

Track status and deadlines in a centralized dashboard
Collaborate across legal, IT, and privacy teams
Gain accountability with task owners and progress logs

Deliver Insights With Custom Reports

From internal briefings to DPA inspections, you need to show your work. Responsum’s real-time reporting features let you demonstrate progress and compliance clearly.

Generate reports tailored to C-level and regulatory needs
Visualize vendor risk distribution and treatment outcomes
Export audit-ready logs in a click

Check out our blogpost

What is Vendor Risk Management?

A strategic process for identifying, assessing, and mitigating risks associated with third-party vendors who process data, provide services, or access internal systems.

Why Teams Trust Responsum for Third Party Risk Management

When it comes to managing vendor risks, privacy teams need more than just a checklist—they need a platform they can rely on. Responsum brings clarity, efficiency, and control to your third party risk management process, all within a tool that privacy professionals actually enjoy using.

Kalle Nummelin - Group DPO & Legal Counsel, Fintraffic

“After a year of use, Responsum feels like a once-a-week part-time law student doing the administrative work for our privacy team.”

Built for Privacy Teams, Not Just Procurement

Many risk tools focus solely on IT or procurement needs, leaving privacy out of the picture. Responsum puts privacy and compliance front and center—connecting vendor risks directly to your DPIAs, RoPA, and data processing workflows.

Designed by privacy professionals, for privacy professionals
Built-in support for GDPR, ISO 27001, NIST, and more
Seamless integration with other Responsum modules

Proven Results That Save Time and Reduce Risk

Responsum helps organizations cut down time spent on manual vendor follow-ups, document gathering, and risk tracking—freeing up resources for what really matters.

Up to 45% increase in efficiency through automation
Audit-ready logs and real-time visibility into vendor risk
Easy collaboration across legal, IT, and data protection teams

Ready to Take Control of Third Party Risk?

Don’t let vendor risks fly under the radar. Discover how Responsum helps privacy teams like yours manage third-party relationships with confidence.