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Operations · 11 vendors ranked

Best Third-Party Risk Management Software in 2026

The short answer

  1. #1 Prewave: AI supply chain risk platform spanning resilience, ESG and multi-tier mapping. Best for: Organizations wanting resilience, ESG and multi-tier supplier risk in one platform.
  2. #2 IntegrityNext: Supply chain compliance platform built for LkSG, CSDDD and CSRD. Best for: Companies whose first priority is LkSG, CSDDD or CSRD due diligence.
  3. #3 Osapiens: Compliance hub covering LkSG, CSRD, EUDR and CSDDD from one shared data layer. Best for: Enterprises juggling several EU compliance regimes at once.

Visibility in this ranking can be paid for. Payment moves a vendor's position within the shortlist; it never adds a vendor, and it never changes a word of the review. The largest vendors in Third-party risk management software cannot hold places 1 to 3. Places 1 to 3 go to challengers, vendors outside the best-known brands in a category, wherever the category has them; the established names follow from place 4 in their ranked order. How it works: placement disclosure · editorial process.

Compared at a glance

#ToolBest forPricing modelHeadquarters
1Prewave Organizations wanting resilience, ESG and multi-tier supplier risk in one platformQuote onlyAustria
2IntegrityNext Companies whose first priority is LkSG, CSDDD or CSRD due diligenceQuote onlyGermany
3Osapiens Enterprises juggling several EU compliance regimes at onceQuote onlyGermany
4UpGuard Ratings, questionnaires and attack surface management in one productPublished tiersAustralia
5EcoVadis Suppliers whose customers already require an EcoVadis scorecardTiered by company sizeFrance
6Panorays Mapping risk beyond direct vendors into their own sub-vendorsQuote onlyIsrael
7CyberVadis Analyst-validated cyber assessments rather than a passive outside-in scoreQuote onlyFrance
8Kodiak Hub Procurement teams wanting risk inside a full SRM workspaceQuote onlySweden
9OneTrust Buyers wanting third-party risk inside a broader privacy/AI-governance suiteQuote onlyUnited States
10Bitsight Fast, passive cyber ratings across a very large vendor listQuote onlyUnited States
11SecurityScorecard Simple A-F ratings a board can read at a glanceQuote onlyUnited States

The 11 tools, reviewed

#1 Prewave

AI supply chain risk platform spanning resilience, ESG and multi-tier mapping · Austria · prewave.com

Gartner Magic Quadrant Leader Multi-tier mapping EU-headquartered

Prewave, founded in Vienna in 2017 by Harald Nitschinger and Lisa Smith, covers more ground per vendor than most products in this category: operational resilience, ESG/regulatory due diligence and deep-tier supplier visibility share one platform rather than three separate tools.

  • Pricing: Quote only. Not published; sold through a demo and a sales conversation, standard for this category. Free plan: not stated by the vendor.
  • Best for: Organizations wanting resilience, ESG and multi-tier supplier risk in one platform
  • Strengths: Resilience track: disruption monitoring and predictive risk scoring; Sustainability track: ESG compliance and regulatory reporting; Multi-tier management: deep-tier supplier mapping and monitoring.

Where it falls short

No pricing is published, so every buyer starts with a sales call before seeing a number.

Wrong for

A buyer who only wants a passive cyber security rating across a huge vendor list at minimal onboarding effort.

Visit Prewave →

#2 IntegrityNext

Supply chain compliance platform built for LkSG, CSDDD and CSRD · Germany · integritynext.com

EU due-diligence law focus EQT Growth-backed 2M+ supplier network

IntegrityNext, founded in Munich in 2016 and backed by EQT Growth, is built specifically around the wave of EU due-diligence law that has landed since 2023: LkSG, CSDDD, CSRD, deforestation and forced-labor screening.

  • Pricing: Quote only. Not published; sold through a sales conversation. Free plan: not stated by the vendor.
  • Best for: Companies whose first priority is LkSG, CSDDD or CSRD due diligence
  • Strengths: German Supply Chain Due Diligence Act (LkSG) compliance workflows; CSDDD and CSRD reporting support; Deforestation and forced-labor screening.

Where it falls short

The company's own site cites a Verdantix-measured 180% ROI figure, which is worth reading as vendor-commissioned research rather than fully independent benchmarking. Pricing is not published, and the product's regulatory focus is narrower than a general operational or cyber risk platform.

Wrong for

A company whose main exposure is cybersecurity posture rather than EU supply chain regulation; CyberVadis, Bitsight or SecurityScorecard fit that need more directly.

Visit IntegrityNext →

#3 Osapiens

Compliance hub covering LkSG, CSRD, EUDR and CSDDD from one shared data layer · Germany · osapiens.com

Shared compliance data layer 2,500+ customers Covers newer EU regulations

Osapiens, headquartered in Mannheim, sells the osapiens HUB around an architectural pitch rather than a feature checklist: seven solution suites, Supplier Intelligence, Product Compliance, Carbon Management, Disclosures & Reporting, Audit & Quality Assurance, Distribution and Maintenance & Repairs, share one underlying data layer, so a supplier certificate or a carbon figure collected once is reused across the EU Deforestation Regulation, CSRD, LkSG, CSDDD, PPWR and Digital Product Passport requirements instead of being re-collected per regulation.

  • Pricing: Quote only. Not published; sold through a sales conversation. Free plan: not stated by the vendor.
  • Best for: Enterprises juggling several EU compliance regimes at once
  • Strengths: Seven solution suites sharing one data layer; EU Deforestation Regulation (EUDR) support; CSRD, LkSG, CSDDD coverage.

Where it falls short

Pricing is not published, so a buyer starts with a sales conversation before seeing any number. The breadth across seven suites is wasted spend for a buyer facing only a single regulatory filing rather than several at once.

Wrong for

A smaller company facing exactly one compliance requirement rather than several; a narrower, cheaper specialist may fit that single need better.

Visit Osapiens →

#4 UpGuard

Third-party risk platform with ratings, questionnaires and attack surface management · Australia · upguard.com

IDC MarketScape Leader Attack surface management included Australia and US offices

UpGuard, founded in 2012 and run as a distributed team with its US HQ in Mountain View, California and offices in Hobart and Sydney, Australia, was named a Leader in the IDC MarketScape: Worldwide Third-Party Risk Management Software 2026.

  • Pricing: Published tiers. Standard plan $1,750/month billed annually for 50 monitored vendors, extra vendors $79/month each; Professional, Corporate and Enterprise+ are quoted. Free plan: free trial.
  • Best for: Ratings, questionnaires and attack surface management in one product
  • Strengths: Third-party security ratings; Security assessment questionnaires; External attack surface management.

Where it falls short

Only the entry Standard tier has a published price; anything past 150 vendors, fourth-party coverage or audit logs means a sales quote. Its outside-in rating carries the same proxy limit as any passive score, saying nothing about internal controls a vendor's public footprint doesn't reveal.

Wrong for

A compliance team whose driver is LkSG, CSDDD or another supply chain due-diligence law rather than vendor cyber exposure.

Visit UpGuard →

#5 EcoVadis

Sustainability ratings agency with 175,000+ rated companies · France · ecovadis.com

Largest supplier network Standards-based methodology Widely contractually required

EcoVadis, founded in Paris in 2007, functions less like a conventional software platform and more like a ratings agency that a large share of enterprise procurement teams already contractually require their supply base to hold.

  • Pricing: Tiered by company size. Supplier-side ratings plans (Basic, Premium, Select, Corporate) are listed with annual prices that vary by company size and country; buyer-side subscriptions are quoted, with fees that scale with company size. Free plan: none.
  • Best for: Suppliers whose customers already require an EcoVadis scorecard
  • Strengths: 21 indicators across environment, labor, ethics and sustainable procurement; Methodology built on GRI, UN Global Compact, ISO 26000; 175,000+ rated companies across 180+ countries.

Where it falls short

Buyer-side pricing is not published, only the supplier plans. It scores ESG specifically, not cybersecurity or operational risk, and the core product is a periodic, typically annual rating; continuous news monitoring sits alongside it rather than re-scoring a supplier in real time.

Wrong for

A company whose main driver is cyber risk or operational disruption rather than ESG; CyberVadis or Prewave cover those angles instead.

Visit EcoVadis →

#6 Panorays

Third-party cyber risk platform mapping risk through 3rd, 4th and Nth parties · Israel · panorays.com

Nth-party risk mapping AI-powered questionnaires Continuous monitoring

Panorays, an Israeli company (Panorays Ltd.) with a US entity in New York, is built around continuously mapping risk beyond an organization's direct vendors into those vendors' own sub-vendors, 3rd, 4th and Nth parties, rather than stopping at the first tier, though Bitsight and UpGuard now offer fourth- and nth-party visibility too.

  • Pricing: Quote only. Not published; quoted per organization, built from Inventory, Assessment and Monitoring bundles. A free account covers 5 questionnaires and 5 third parties. Free plan: free plan.
  • Best for: Mapping risk beyond direct vendors into their own sub-vendors
  • Strengths: AI-powered questionnaires capturing vendor controls and compliance; External attack surface assessments; Inherent risk scoring by vendor business/technology profile.

Where it falls short

Pricing is not published beyond the free account's five-vendor limit, so a full program starts with a quote built from Inventory, Assessment and Monitoring bundles. Its Nth-party mapping, once its clearest distinction, is now matched by Bitsight and by UpGuard's higher tiers.

Wrong for

A buyer whose vendor list is small and low-risk enough that Nth-party mapping adds complexity without adding real value.

Visit Panorays →

#7 CyberVadis

Expert-validated third-party cyber risk assessment platform · France · cybervadis.com

Cybersecurity Made in Europe certified Analyst-validated EU-headquartered

CyberVadis, created by EcoVadis in Paris in 2018, is built specifically around third-party cybersecurity risk with a French parent company and EU hosting. It competes with Bitsight and SecurityScorecard, though the assessment model differs: questionnaires tailored to each vendor's profile are checked by in-house security analysts in a three-analyst review rather than scored purely from passive outside-in signals, with external attack surface scanning added on top.

  • Pricing: Quote only. Not published; sold through a sales conversation. Free plan: not stated by the vendor.
  • Best for: Analyst-validated cyber assessments rather than a passive outside-in score
  • Strengths: Questionnaires tailored to each vendor's profile; In-house analyst validation of submitted evidence; Maps to NIST, ISO 27001 and GDPR.

Where it falls short

Pricing is not published. The expert-validated, questionnaire-led model is more labor-intensive to scale across a very large vendor list than a purely automated outside-in rating.

Wrong for

A buyer wanting instant, fully automated scoring across a very large vendor list with no validation overhead.

Visit CyberVadis →

#8 Kodiak Hub

AI supplier relationship management platform with risk and audit modules built in · Sweden · kodiakhub.com

SRM-first, risk as a module 300,000+ suppliers tracked EU-headquartered

Kodiak Hub, headquartered in Stockholm and led by founder and CEO Malin Schmidt, with additional EU offices in Gdansk, Poland and Munich, Germany, is built first as an AI-powered supplier relationship management (SRM) platform. Risk assessment, compliance and audit management sit as modules inside that broader supplier lifecycle workspace, alongside onboarding and performance monitoring, rather than as a standalone risk product.

  • Pricing: Quote only. Not published; sold through a demo rather than listed tiers. Free plan: not stated by the vendor.
  • Best for: Procurement teams wanting risk inside a full SRM workspace
  • Strengths: Supplier onboarding and lifecycle management; Performance monitoring; Risk assessment module.

Where it falls short

Neither founding year nor pricing is published. A company wanting a dedicated, risk-only tool may be paying for broader procurement workflow capability it does not need.

Wrong for

A security team that wants risk management as a standalone product, not bundled with supplier relationship and procurement workflow.

Visit Kodiak Hub →

#9 OneTrust

GRC suite with a Third-Party Risk Management module spanning onboarding to offboarding · United States · onetrust.com

Broad GRC suite Privacy and AI governance included US major

OneTrust, headquartered in Atlanta, folds third-party risk into a much larger governance, risk and compliance suite that also covers privacy, security and AI governance under one login and one data model.

  • Pricing: Quote only. Not published; Third-Party Risk Management and Third-Party Management packages are quoted, priced on admin users and third-party inventory size. Free plan: not stated by the vendor.
  • Best for: Buyers wanting third-party risk inside a broader privacy/AI-governance suite
  • Strengths: Third-party risk lifecycle: onboarding through offboarding; Centralized third-party inventory; Automated due-diligence workflows.

Where it falls short

A team that wants vendor risk specifically, without buying into the wider suite, pays for and has to navigate more product than it needs.

Wrong for

A smaller company that wants a focused, vendor-risk-only tool without adopting a much larger GRC suite.

Visit OneTrust →

#10 Bitsight

Outside-in security ratings (300-820 scale) for vendor cyber risk · United States · bitsight.com

Passive security ratings Cyber insurance underwriting use case US major

Bitsight, headquartered in Boston, is one of the two dominant US security-ratings platforms in this category, used by more than 3,500 organizations including nearly 40% of the Global Fortune 500 by the company's own account.

  • Pricing: Quote only. Not published; third-party risk packages are quoted in vendor-count bands (1-50, 51-100, 101-500, unlimited). Free plan: not stated by the vendor.
  • Best for: Fast, passive cyber ratings across a very large vendor list
  • Strengths: Continuous security rating on a 300-820 scale; Third-party and vendor risk monitoring; Used in cyber insurance underwriting.

Where it falls short

A passive, outside-in rating is a proxy for security posture, not a validated assessment; it says nothing about internal controls a vendor's public footprint doesn't reveal. Pricing is not published, and Bitsight covers cybersecurity only, not ESG or broader operational third-party risk.

Wrong for

A compliance team whose driver is ESG or supply chain due diligence rather than cybersecurity; IntegrityNext, Osapiens or EcoVadis are built for that instead.

Visit Bitsight →

#11 SecurityScorecard

A-F letter-grade security ratings, 12M+ companies continuously rated · United States · securityscorecard.com

A-F grading Supply chain detection and response US major

SecurityScorecard, headquartered in New York, built its identity around a single, easy-to-communicate A-through-F letter grade rather than a numeric score, which travels well to a board that does not otherwise read security reports. It reports more than 12 million organizations continuously rated, operating in 64 countries, with 70% of the Fortune 100 using its data, and a free-forever account lets any company see and work on its own grade.

  • Pricing: Quote only. Not published for paid TITAN and TITAN MAX packages, which are quoted; a free-forever account covers your own domain's rating, and a 14-day free trial unlocks vendor monitoring. Free plan: free plan.
  • Best for: Simple A-F ratings a board can read at a glance
  • Strengths: A-through-F letter-grade security rating; Continuous monitoring across 12M+ rated companies; Supply chain detection and response.

Where it falls short

Like Bitsight, the rating is scored from outside-in public signals rather than validated internal evidence, so it is a proxy rather than a substitute for a real assessment.

Wrong for

A buyer that needs validated, analyst-checked assessments rather than a passive automated score; CyberVadis is the closer fit for that requirement inside this category.

Visit SecurityScorecard →

What this category is

Third-party risk management (TPRM) software tracks the vendors and suppliers an organization depends on, runs security, ESG or operational questionnaires against them, scores the risk each one carries, and keeps that assessment current rather than filing a one-time snapshot away after onboarding.

How we ranked these

Five tests, applied to every product. The order is not the tests alone: places 1 to 3 go to challengers, vendors outside the best-known brands in a category, wherever the category has them, and the established names follow from place 4 in their ranked order.

  • Category fit: Built for vendor risk, or a module inside something bigger.
  • The real price: Almost every vendor in this category is quote-only.
  • Monitoring depth: A point-in-time snapshot or a live feed.
  • Validated evidence versus a passive score or a self-reported form: Validated evidence versus a passive score or a self-reported form.
  • Who it's actually for: Security, procurement or compliance.

What the data says about this market

DORA has applied to EU financial-sector firms and their critical ICT third parties since January 2025, and the national transposition deadline for NIS2 across EU member states passed in October 2024. Both regulations push third-party risk from an internal best practice into a documented, auditable regulatory obligation, which is the demand driver behind this entire category rather than a general rise in security spending. The eleven vendors on this page split roughly in half by geography and by angle.

More in our report The Global Shift to ICT Services, on market data and in all industry reports.

How to choose

  1. Decide which buyer you actually are before shortlisting. A security team, a compliance team and a procurement team each want a genuinely different product from this category, and shopping the wrong shortlist wastes a quarter.
  2. Ask what the quote actually scales with. Nearly every vendor here is quote-only, so get the pricing model in writing before a demo goes further: does the price scale with the number of vendors assessed, the number of questionnaires sent, monitoring frequency, or user seats.
  3. Check whether the score is validated or passive before trusting it. A passive, outside-in security rating is fast and cheap to deploy across a large vendor list, but it is a proxy, not a validated assessment; ask exactly what data feeds the score and how current it is.

Questions and answers

What is the best third-party risk management software in 2026?

Prewave ranks first of 11, best for organizations wanting resilience, ESG and multi-tier supplier risk in one platform. IntegrityNext is second (companies whose first priority is LkSG, CSDDD or CSRD due diligence) and Osapiens third (enterprises juggling several EU compliance regimes at once). Places 1 to 3 go to challengers, vendors outside the best-known brands, wherever the category has them.

Is there a free third-party risk management tool?

Partly.

Why does DORA or NIS2 mean a company needs this kind of software?

DORA has applied to EU financial-sector firms and their critical ICT providers since January 2025, and NIS2's national transposition deadline for EU member states passed in October 2024.

What is the difference between security ratings and a full TPRM platform?

Security ratings products like Bitsight and SecurityScorecard, and the ratings component of UpGuard, score a vendor from outside-in public signals with no vendor involvement, which scales cheaply across a large vendor list but is a proxy for security posture rather than a validated assessment.

Which of these tools focus on ESG and supply chain compliance rather than cybersecurity?

IntegrityNext, Osapiens, EcoVadis and Kodiak Hub are built primarily around supplier ESG, human rights and sustainability due diligence, covering EU laws including LkSG, CSDDD, CSRD and the EU Deforestation Regulation.

Where are these third-party risk management vendors established, and does it matter?

In seven countries across four regions: Europe (Austria, Germany x2, France x2, Sweden) accounts for six of the eleven, North America three, and one each in Israel and Australia (UpGuard lists its US HQ in Mountain View alongside offices in Hobart and Sydney).

Should a procurement team or a security team own this purchase?

It depends on what's actually driving the need. If the primary concern is cyber exposure from vendors with system access, a security team should own the shortlist and lean toward Bitsight, SecurityScorecard, CyberVadis or Panorays.