Automate Third-Party Risk Management

Vendor Management Without the Manual Work

Scale to 200+ vendors with automated security assessments, risk scoring, continuous monitoring, and vendor portals. Reduce vendor reviews from 2 weeks to 2 hours with AI-powered questionnaires.

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Vendor risk dashboard with automated scoring

Why Vendor Risk Management Is Broken

Without LowerPlane

Spreadsheet Hell
Tracking 50+ vendors in Excel means lost renewals, expired certifications, and compliance gaps. One missed SOC 2 report equals audit failure and customer churn.
Slow Procurement Kills Deals
Sales wants to close in 30 days. Security needs 2-3 weeks to review vendor questionnaires. Deal delays or security bypassed entirely with shadow IT.
No Continuous Monitoring
You approved a vendor last year. Today they had a breach, lost their SOC 2, or got acquired. You find out when your auditor asks questions.

With LowerPlane

Centralized Vendor Registry
Single source of truth for all vendors: risk scores, certifications, review dates, data access levels, and contracts. Automated renewal reminders.
Automated Vendor Reviews
AI-powered questionnaire analysis and risk scoring in hours, not weeks. Vendor self-service portal reduces manual work by 80%.
Real-Time Risk Monitoring
Automated alerts for expired certifications, security incidents, acquisitions, or negative news. Continuous monitoring of all 200+ vendors.
200+
Vendors managed
90%
Faster reviews
2 days
Average review time
80%
Less manual work

How LowerPlane Vendor Management Works

Automated vendor assessments from onboarding to offboarding

1

Send Security Questionnaire

Select from templates (CAIQ, SIG, VSA, custom) or let AI generate vendor-specific questions. Send via vendor portal with automated follow-ups.

10+ templates
2

Automated Risk Scoring

AI analyzes questionnaire responses, SOC 2 reports, security posture, and data access. Outputs risk score: Low, Medium, High, Critical.

Instant scoring
3

Track & Monitor

Centralized dashboard for all vendors: risk score, certification status, review dates, data access level, contracts. Automated renewal reminders.

200+ vendors
4

Continuous Monitoring

Automated alerts for expired SOC 2 reports, security incidents, acquisitions, or negative news. Re-assess high-risk vendors quarterly.

Real-time alerts

Complete Vendor Risk Platform

Everything you need to manage third-party security at scale

AI Risk Scoring Engine

Automated risk assessment based on 50+ factors: data access, security controls, certifications, financial health, breach history. Risk score updates in real-time as new data arrives.

Multi-factor Analysis
Security controls, certifications, data access, financial health
Breach History Tracking
Monitor vendor security incidents and response history
Real-time Score Updates
Automatic recalculation when new data becomes available
Risk Tier Classification
Low, Medium, High, Critical with automated workflows

Companies Scaling Vendor Management

How teams went from 10 vendors to 200+ without adding headcount

FinTech Innovations

"We grew from 20 to 150 vendors in 18 months without hiring."

Challenge
Digital banking platform scaling rapidly with 2-person security team unable to keep up with vendor reviews.
Solution
LowerPlane automated questionnaires, AI risk scoring, and vendor portal eliminated manual review work.
Result
Vendor reviews went from 2 weeks to 2 days. 90% faster without additional headcount.
150
Vendors managed
90%
Faster reviews
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EnterpriseCloud

"Saved us $80K annually on vendor risk reporting."

Challenge
B2B SaaS platform needed annual vendor risk reports for 50+ subprocessors. Manual process took 6 weeks per year.
Solution
Vendor portal with automated evidence collection and report generation turned manual nightmare into automated workflow.
Result
6-week process reduced to 2 days. $80K annual savings from eliminated manual work.
50+
Subprocessors
$80K
Annual savings
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HealthTech Systems

"Continuous monitoring caught a vendor breach before our audit."

Challenge
Healthcare SaaS with 80 vendors needed continuous monitoring for HIPAA compliance but had no automated alerts.
Solution
LowerPlane continuous monitoring tracked SOC 2 expirations, security incidents, and certification changes in real-time.
Result
Caught critical vendor breach 6 months before annual audit. Avoided major compliance finding.
80
Vendors tracked
24/7
Monitoring
Read Full Story

Vendor Risk Intelligence Sources

Automated data collection for comprehensive vendor risk assessments

SOC 2 Type II
ISO 27001
CAIQ (CSA)
SIG Lite/Core
Breach Databases
CVE Feeds
Procurement APIs
Contract Management

Continuous monitoring across 20+ threat intelligence feeds and certification databases

View All Integrations

Ready to scale vendor management to 200+ vendors?

See how LowerPlane can reduce vendor reviews from weeks to days

SOC 2 Type II Certified
200+ vendors managed per customer
2-day average review time