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TPRM feasibility – combining two assessment scores into a final third-party risk tier

Mansor2
Tera Contributor

Hello experts, 

 

We are assessing the feasibility of the following use case in a ServiceNow TPRM sandbox:

  1. A Third-Party Risk Assessment produces an assessment score.
  2. A separate Contract Risk Assessment produces another score.
  3. ServiceNow combines both scores, based on defined weightings and thresholds, to determine one final third-party risk tier.

Could you please confirm:

  • Can this be achieved using out-of-the-box TPRM assessment, scoring and tiering configuration?
  • Can two separate assessment scores be used as inputs to calculate the final tier?
  • Would this require a custom business rule, decision table, flow or scripted calculation?
  • Can the final calculated tier be stored against the third party or engagement record?
  • What would be the recommended ServiceNow design for this use case?
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