Migrate VRM to TPRM
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11-18-2024 01:12 PM
Hello
We are migrating Vendor Risk Management to TPRM, we would like to know how to relate existing in-progress 'Engagements' to the new Due Diligene Request record? Any help is appreciated.
Thanks

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11-18-2024 08:36 PM
Hi @rajeeshraj ,
Please talk to your ServiceNow Account executive on the migration strategy, they will help you with the same.
Now, for you to be prepare, you will need to know what's it's offering and once you move from VRM to TPRM, is there any impact .
As you might already know, VRM has been renamed as TPRM so the additional functionalities which amazed me was introduction of Due Diligence process which allows the customer to get started working earlier in the third-party engagement lifecycle.
Also, The tiering assessment in Vendor Risk is replaced with an internal assessment. Your existing tiering assessment can be converted or copied and become internal assessments.