The Forrester Wave™: Third-Party Risk Management Platforms, Q2 2022 evaluates the most significant third-party risk management (TPRM) vendors to help organizations understand the strengths of each provider and select the right vendor risk solution for their needs. According to the report, "...despite the prioritization of third-party risk as an area for firms to invest and improve in, many still lack the tools to make meaningful progress."
They named ServiceNow a Leader in the unbiased, third-party evaluation. The report states, "Among ServiceNow’s current offering strengths are the flexible risk scoring and correlation capability, and robust workflow." ServiceNow also received the highest possible scores in the product vision and planned enhancements criteria.
According to the report ServiceNow is recognized for "its ability to connect the third-party risk process with other business functions while garnering executive support and C-suite visibility."
ServiceNow can be your innovation partner. By seamlessly embedding governance, risk, and compliance activities in your daily work, we can help you improve business decisions, gain real-time visibility into third-party risks, and increase agility for better business resilience.