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Frustration-Free Risk Management

Simplify cybersecurity risk management and tackle your cybersecurity challenges with ease. TRAC is a powerful GRC tool that automates the tedious risk assessment process and delivers customized results aligned with regulations, best practices, and your strategic goals.

Vendor Management as a Service (VMaaS)

Engaging with vendors can have many benefits, such as providing solutions that your organization may not have otherwise, increasing efficiency, speeding up service delivery, and cost control. However, it also comes with risks. As your organization grows and incorporates more vendor relationships, the need for a strong vendor management program also grows.

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Get the Help You Need

Icons_ChecklistG Customized Assistance

Just as not all vendors are equal, not all organizations need the same level of help with vendor management. Whether it’s individual vendor reviews or more comprehensive, ongoing support, our team of experts will work with you to ensure you get exactly what you need. 

 
Icon_LockP Cyber-Focused Approach

Working with multiple vendors can increase the risk of a data breach as your organization’s information gets spread out. Our VMaaS offering tackles this issue by approaching vendor management from a cybersecurity perspective. We help you assess the risks associated with each vendor, enabling you to make informed decisions and minimize potential threats.

 
Icons_DocumentT Rest Easier

Vendor management is important, but it’s certainly not easy. Delegate some (or most – depending on what you need!) of the most tedious work, while also getting the expertise you need to ensure you're working with the right vendors and keeping information safe.

 

START MY JOURNEY!

You’ve heard it before, but it bears repeating: you can outsource the product, service, or solution, but you cannot outsource the risk.

Book a meeting to learn more about partnering with SBS.

What to Expect from Vendor Management as a Service

Partner with SBS to develop a tailored Vendor Management as a Service engagement to ensure your organization and customers are protected from vendor risks. Your consultant will assist with tasks such as:

Standard Tasks

Create and manage an annual vendor management work plan.
Complete scheduled vendor reviews, which include due diligence and contract review.
Manage a Watch List to track problematic vendor risk findings, providing valuable insight into making decisions about continuing relationships with vendors on the Watch List.
Host regular meetings to provide comprehensive updates on ongoing activities, work plan progress, Watch List items, and challenges encountered during the vendor management process.

Optional Tasks

Vendor Management Oversight
Vendor Management Consulting
Vendor Management Mentoring
Risk Rating
Policy Creation
Policy Maintenance
Due Diligence Documentation Gathering
Financial Trend Reports
Annual Vendor Management Report 
IT Committee Meeting Attendance
Audit/Exam Vendor Management Preparation
New Vendor Selection
 

REQUEST A QUOTE!

We are excited to have the opportunity to help you find the perfect solution that meets all of your needs.

Simplify vendor management with

TRAC Vendor Management Module

 TRAC is backed by a team of cybersecurity experts, consultants, and in-house developers who work together to make it your all-inclusive solution for security decisions, document organization, meeting compliance goals, and creating board-ready reports.

No one likes doing vendor management, but it’s critically important. Use TRAC to build the rules of your program, go through a selection process to make sure you are picking the right partner, and easily perform ongoing monitoring of your existing third parties.

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