Vendor Sheet

What is the Vendor Network in Bitsight VRM?

What is the Vendor Network in Bitsight VRM?

Pages 2 Pages

Bitsight's Vendor Network in Vendor Risk Management (VRM) offers access to over 60,000 vendor profiles, helping organizations avoid repetitive risk assessments by leveraging previously completed questionnaires and security documents. This network speeds up risk evaluations, reduces workload, and improves scalability, enabling faster, more right-sized assessments with a 90% connection acceptance rate and 50% reduction in assessment duration. It facilitates collaboration, transparency, and proactive vendor outreach, providing a shared platform for managing supply chain risk efficiently.

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