Gracen helps vendor risk teams centralize third-party records, contracts, contacts, documents, due diligence questionnaires, risk profiles, screening results, incidents, and remediation tasks in one practical workspace.
Vendor risk teams need to know who the vendors are, what services they provide, who owns the relationship, which vendors are critical, what documents are current, what diligence is outstanding, and which issues need action. Spreadsheets and shared drives make that hard to maintain consistently.
Ownership, criticality, risk level, business process, renewal dates, and documentation are spread across systems.
Questionnaire requests, uploads, responses, follow-ups, and reviews are hard to coordinate by email.
Renewal dates, minimum fees, related contracts, and documents can be hard to find when decisions are due.
Screening results, incidents, risk findings, and contract concerns need clear owners and deadlines.
Gracen gives vendor risk teams the core workflows needed to manage third-party oversight while connecting vendor work to incidents, risks, controls, policies, audits, and remediation tasks.
Status, category, criticality, ownership, sponsor, legal details, risk levels, renewal dates, and history.
Inherent risk, residual risk, risk descriptions, ranking, and critical-third-party status.
Vendor contacts, contract records, renewal details, related contracts, and contract documents.
Vendor-level and contract-specific documents in one centralized third-party record.
Reusable questionnaires via secure OTP-protected links, completion tracking, and follow-ups.
Turn findings, screening results, incidents, and renewals into assigned tasks with history.
Capture ownership, category, legal details, criticality, and status.
Document inherent risk, residual risk, and critical-third-party designation.
Store vendor documents, contract documents, contacts, and notes.
Use reusable templates and secure OTP-protected respondent links.
Track completion, review answers, and ask targeted follow-ups.
Assign tasks from findings, screening results, and renewals.
Dashboards for status, residual risk, contracts, and critical third parties.
Ownership, status, category, criticality, risk, renewal dates, and history.
Inherent risk, residual risk, descriptions, rank, critical status, and segmentation.
Multiple vendor contacts, roles, notes, and phone numbers per record.
Status, renewal timing, minimum fees, related contracts, and documents.
Vendor and contract-specific documents without disconnected folders.
Reusable due diligence with secure external access and response tracking.
Support OFAC and FHFA screening-result review and task creation from findings.
Critical third parties, directory, residual risk, incidents, expiring contracts, and tasks.
Third-party relationships affect compliance, audits, operational resilience, security, policy obligations, and incident response. Gracen helps keep vendor oversight connected to the broader GRC program.
Ownership, sponsorship, legal structure, category, criticality, risk, renewals, and history.
Send secure links, verify with OTP, monitor progress, and create targeted follow-ups.
Create tasks from screening results, findings, renewals, incidents, and concerns.
Connect to controls, evidence, policies, audits, incidents, and remediation.
Manage third-party risk in the same system where your team tracks compliance evidence, incidents, audit requests, and remediation work.
Yes. Gracen supports vendor profiles, contacts, contract records, related contracts, renewal tracking, contract documents, and vendor-level documentation.
Yes. Gracen supports token-based external questionnaire links with one-time-passcode verification.
Gracen supports OFAC and FHFA screening-result review workflows, including task creation from relevant results. It should not be presented as a guarantee of sanctions compliance.
No. Vendor risk is one core workflow, but Gracen also supports controls, evidence, audit readiness, policy governance, risk, incidents, assets, reporting, and remediation.