Addressing the Hidden Risks in Your Vendor and Outsourcing Network

SureStep enables procurement, risk, and compliance teams to onboard, assess, and monitor vendors efficiently with IBM OpenPages Third-Party Risk Management. Our implementation provides end-to-end visibility into third-party risk exposure, enabling continuous oversight across the vendor lifecycle.

  • Centralize vendor onboarding, due diligence, and risk assessments
  • Automate inherent/residual risk scoring and control evaluations
  • Link vendors to contracts, services, incidents, and audit activity

Managing Vendor Risk in an Interconnected World

Modern enterprises depend on an extended ecosystem of suppliers, outsourcers, and technology providers. While this ecosystem enables agility and scale, it also introduces significant risk: data breaches through third parties, operational outages tied to vendor failures, and regulatory scrutiny over outsourcing practices. Without a structured framework, organizations struggle to consistently assess, monitor, and govern their third-party relationships.

Why You Need a GRC System for Third-Party Risk Management

  1. Vendor risks are often assessed inconsistently, leaving blind spots across critical service providers and geographies.
  2. Manual contracting and onboarding processes delay business while creating compliance gaps with outsourcing regulations.
  3. Without centralized monitoring, procurement, legal, and risk teams operate in silos, reducing the ability to proactively identify vendor issues.

SureStep’s Expertise in IBM OpenPages TPRM

SureStep helps clients operationalize IBM OpenPages Third-Party Risk Management by aligning the platform with their procurement and risk strategies. We configure workflows that match your vendor criticality tiers, risk domains, and escalation paths, ensuring third-party oversight is both scalable and defensible. Our specialization in data integration ensures that vendor assessments, contractual obligations, and ongoing monitoring are centralized into a single system of record. With SureStep’s partnership, organizations bridge procurement, legal, and risk teams to manage third-party risk in real time—reducing manual effort and building confidence with regulators and stakeholders.

Driving ROI from Third-Party Risk Management

Investing in TPRM delivers measurable returns beyond compliance. By automating vendor onboarding and assessments, organizations accelerate time-to-contract while maintaining rigor. Continuous monitoring enables faster detection of vendor risks, preventing costly disruptions and reputational damage.

  • Reduced operational overhead through automated assessments and streamlined vendor onboarding.
  • Enhanced resilience and compliance posture by proactively identifying and mitigating vendor risks before they impact business outcomes.

SureStep Management Team

Meet the SureStep team - a group of experienced professionals who bring together deep expertise in strategy, risk, compliance, data, finance, and operations.

With diverse backgrounds spanning global consulting, technology, and financial services, our team is united by a commitment to delivering tailored, end-to-end support. Together, we ensure that every engagement is guided by insight, precision, and a focus on your success.

Book a meeting with our advisory team today