eFront ERM TPRM (Third Party Risk Management) transforms how organizations manage third-party risks.
It enables stakeholders across IT, legal, procurement, risk, and compliance to digitize and streamline the entire third-party lifecycle—from supplier onboarding to continuous evaluation and reporting.
The platform simplifies every step, ensuring full alignment with regulatory requirements, including DORA. With eFront ERM TPRM, building a robust and compliant provider management system becomes effortless.
Today's top challenges for third party risk managers
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Managing outsourced services and associated risks can be complex without a dedicated solution. eFront ERM simplifies this process by offering a centralized supplier register that includes services, contracts, and periodic evaluations. Its dynamic dashboards allow you to map suppliers by industry, service type, and geography. With eFront ERM, your supplier registry stays up to date and enriched with detailed service data and evaluation results—ensuring optimal oversight and stronger supplier relationships.
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Organizations must understand and assess the risks associated with their suppliers, especially when dependency is high. eFront ERM’s interoperable modules allow you to link risks, audits, controls, and incidents directly to vendors. This enables continuous monitoring and regular assessments of risk exposure. The platform also includes a “Country Risk” feature that identifies suppliers operating in high-risk regions—giving you a comprehensive, multidimensional view of third-party risk.
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Ensuring compliance with regulatory obligations is crucial, and the evaluation grid should be tailored to the jurisdiction in which both the company and supplier operate. With eFront ERM TPRM, you can design customized evaluation grids to monitor supplier compliance with current regulations. For example, create a DORA-specific compliance checklist to assess ICT suppliers operating within the European Union—ensuring your third-party ecosystem aligns with evolving legal requirements.
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Key product features
COMPREHENSIVE OVERVIEW OF THE PROVIDER ECOSYSTEM
eFront ERM enables you to catalogue and monitor suppliers and their subcontractors, detailing the services delivered and active contracts. Its advanced dashboards simplify the management of your provider registry, which can be easily shared with relevant stakeholders when needed.
CONTINUOUS EVALUATION OF SUPPLIERS AND SERVICES
With eFront ERM, design your evaluation forms and set the right control frequency. Easily distribute questionnaires to stakeholders and let the platform analyze responses to assess supplier risk. Use these insights to launch targeted action plans for High-Risk and Critical Third Parties and track risk evolution through past assessments.
THE POWER OF AN INTEROPERABLE MODULE
Seamlessly connect suppliers and their services to risks, incidents, controls, and action plans by integrating eFront ERM TPRM with the Risk, Control, Audit, and BCP modules. Leverage the full capabilities of the platform to make eFront ERM TPRM the central hub for third-party risk management across your organization.
MASTERING DIGITAL OPERATIONAL RESILIENCE
Ensure your teams and suppliers comply with DORA regulations. Create tailored evaluation questionnaires and schedule assessment campaigns to identify vulnerabilities. With eFront ERM TPRM, proactively manage your digital operational resilience and stay ahead of ICT-related risks.
A 360° VIEW OF SUPPLIER RISK
For each supplier and service, calculate the inherent risk to identify Critical or High-Risk suppliers and services. The results of evaluation campaigns, whether conducted internally or externally, enable the application to measure residual supplier risk using predefined calculation methods. By mapping supplier locations, eFront ERM TPRM also highlights your exposure to country-specific risks—giving you a complete, actionable view of third-party risk.
DYNAMIC DASHBOARDS
eFront ERM TPRM dashboards deliver a clear overview of outsourced activities, segmented by supplier, service, activity, or country. Use them as a gateway to your supplier registry and evaluation data. Designed to enhance third-party risk oversight, these reports offer instant visibility into non-compliance and country-specific risks.
