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Risk Ledger third-party risk management Review

2

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Very good

Revainrating 4.5 out of 5  
Rating 
4.6
Governance, Risk and Compliance, Third Party and Supplier Risk Management

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Description of Risk Ledger third-party risk management

The Risk Ledger platform gives organisations of all sizes the tools to identify, measure and mitigate third, fourth, and fifth-party risks at scale and speed for a low per-supplier cost. Our unique secure network model allows every organisation to both run a third party risk management programme and respond to client risk assessments, facilitating a network of trust relationships between organisations on the platform.

Reviews

Global ratings 2
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Type of review

Revainrating 5 out of 5

Great way determine risks in your org

Risk Ledger has been a great tool for our organization. It is easy to use and has a lot of features that are useful for risk assessment. We are able to easily track risk across our organization and our risk assessment has become more accurate. The dashboard is also very helpful. The software is a little slow, but not to the point where it is unusable. We have been able to have a much more accurate risk assessment and it has been great for our organization. We have been able to see our risk…

Pros
  • Easy integration with ERP system.
  • Dashboard helps show all categories at once instead having multiple pages which can be overwhelming in large companies
Cons
  • Secret

Revainrating 4 out of 5

Great Tool for Credit Risk Management

We have been able solve our credit exposure issues in under 24 hours by using this software which has enabled us reach out quickly with decision makers within companies that we had previously not be connected too! I would say nothing but great experience so far!! Nothing as such just keep up your good work guys you're making an impact already. I like that it's easy to set up a new supplier relationship with RLD. It is very user friendly and intuitive. We are able to see our exposure in real…

Pros
  • Intuitive interface
  • Simple reporting tools
  • The ability for users (non technical)to input data themselves( )Very quick response from customer support team when needed !!!! :)
Cons
  • Would love if there were better templates/data sources available