Current exposure · R-014
Vendor compliance failure
16/25High exposure
RiskOpsRisk management software
See risk clearly. Act before exposure becomes impact.
Bring risks, controls, owners, assessments, and treatment plans into one connected system. See where exposure exceeds appetite, what is being done, and whether it is working.
Bring one real risk workflow. We’ll show how it runs in VComply.
SOC 2 Type II
HIPAA Compliant
Vendor Risk Program2026 · Q3 review
Assessment coverage
90%
38 of 42 critical vendors assessed
4 vendors pending response
Treatment progress
80%
CAPA-18 · Assessment gaps
Owner: James Okafor
Priority workExplore workflow
VA
Vendor assessmentPriya Nair · Due Sep 30
EV
Closure evidenceJames Okafor · Due Oct 4
Trusted by 500+ teamsin Regulated organizations worldwide
Where risk management breaks down
A risk register is not proof that risk is under control.
The real exposure lives between the score recorded during review and the controls, decisions, and follow-up that happen afterward.
RiskOps connects the rating to the controls, owners, decisions, and work that reduce exposure.
Risks go stale between review cycles.
Ratings sit in a spreadsheet while the business, controls, and exposure keep changing.
A score does not show who acts next.
Owners need the decision, controls, due dates, and next actions, not just a number.
Approved thresholds rarely guide daily priorities.
Appetite stays in a board document instead of directing action on current exposure.
Mitigation loses momentum outside the register.
Actions are chased in email, with deadlines and closure evidence tracked separately.
Reports show exposure without the proof.
Teams rebuild heatmaps and cannot readily show whether controls are reducing risk.
From tracking to action
Spreadsheets record risk. RiskOps keeps it moving.
Replace a point-in-time register with a current view of exposure, protection, and accountable action.
Without RiskOps
Exposure stays in the spreadsheet.
- 01A static register that goes stale between reviews
- 02Likelihood and impact scored in disconnected files
- 03Risk appetite lives in a board document
- 04Mitigation work is chased through email
- 05Heatmaps are manually rebuilt before every meeting
With RiskOps
One connected risk program.
- ✓A current record with owners, assessments, controls, treatment, and history
- ✓Repeatable inherent and residual assessments using consistent criteria
- ✓Category-level appetite connected to current exposure and escalation
- ✓Named actions, deadlines, priorities, reminders, evidence, and closure
- ✓Live dashboards showing trends, control gaps, and exposure across the organization
Risk in contextThe rating, decision, action, and proof together
See your risk process in motion
Book a Demo
Bring one real risk and its current assessment.
See how the rating, appetite, controls, owners, treatment, evidence, and reporting stay connected in one live record
Current exposureNamed ownersConnected evidenceLive reporting
One connected operating cycle
Manage the full risk lifecycle, not just the register.
Follow vendor risk R-014 from identification to leadership reporting. Select a stage to explore the assessment, controls, treatment, and evidence.
01 · Identify
Capture the risk before it becomes a blind spot.
Capture operational, compliance, strategic, financial, safety, and technology risks from teams, workshops, assessments, incidents, and programs.
R-014A named risk in the 2026 Vendor Risk Program
Risk register · Identified
Vendor Risk Program · 2026
A critical service provider may fail to meet contractual, security, or compliance requirements.
RSK
Vendor compliance failureR-014 · Third-party risk
IdentifiedOWN
Priya NairProcurement & Compliance
AssignedSRC
Critical vendor assessmentCTL-12 · Annual review
Linked02 · Classify
Organize exposure around how your business operates.
Organize risks by category, department, location, business unit, objective, or program so the register reflects how the organization operates.
CriticalTiering directs attention to the vendors that matter most
Risk classification · In scope
R-014 · Critical service providers
Risk taxonomy and business context travel with every assessment.
Vendor compliance failureR-014 · Vendor Risk Program
CategoryThird-party risk
Business ownerProcurement
TierCritical vendors
CAT
Third-party complianceCategory · Operational risk
ClassifiedBUS
Procurement & ComplianceBusiness owner · Priya Nair
AssignedPOL
Third-Party Risk Policy v3.1Approved Aug 14 · PolicyOps
Approved03 · Assess
Make the basis of every rating visible.
Evaluate likelihood and impact before controls, then document the inherent risk rating using criteria your team understands.
16 / 25Inherent exposure · likelihood 4 × impact 4
Inherent risk assessment · Complete
R-014 · Vendor compliance failure
A consistent 5 × 5 model makes assessments comparable across the program.
Likelihood ↑
5101520254
812162036
91215246
8101234
5
Impact →
Likelihood4 Likely
Impact4 Major
Inherent score16 High
Assessed by Priya Nair · Before controls are considered
04 · Connect controls
Show what protects the business and what is missing.
Link each risk to the controls, policies, requirements, owners, and evidence intended to reduce or monitor it.
3 controlsProtection linked directly to risk R-014
Risk control matrix · Connected
R-014 · Control coverage
Each control keeps its own owner, assessment, and evidence record.
C12
Annual vendor assessmentCTL-12 · Priya Nair
ActiveC18
Contractual compliance reviewCTL-18 · Legal
ActiveC21
Vendor performance monitoringCTL-21 · Procurement
Active05 · Choose treatment
Turn a risk decision into work with an owner.
Accept, avoid, transfer, or optimize the risk. Set the response, priority, accountable owner, deadline, and expected result.
4 actionsAssessment gaps have owners and target dates
Treatment plan · In progress
CAPA-18 · Vendor assessment gaps
Optimize exposure by closing outstanding assurance gaps and documenting the response.
JO
James OkaforProcurement · Treatment owner
In progress- Confirm assessment gaps4 vendors pending responseComplete
- Assign vendor follow-upEvidence requests sent to vendor ownersComplete
- Validate closure evidenceApproved assessment reports requiredDue Oct 4
Action plan progress80%
06 · Reassess
Prove how much controls have actually reduced exposure.
Score residual likelihood and impact after controls are applied, and document the rationale so the reduction is defensible, not assumed.
16 → 6Inherent to residual exposure in this example
Residual assessment · Reviewed
R-014 · Current residual exposure
The assessment records current protection and its supporting rationale—not an assumed reduction.
Inherent164 × 4 · High
→
Residual62 × 3 · Moderate
LIK
Residual likelihood: 2Control effectiveness reviewed
AssessedIMP
Residual impact: 3Remaining exposure documented
AssessedAPP
Residual risk: 6 · ModerateWithin the example appetite threshold of 8
Within appetite07 · Monitor & report
Give leadership a current, defensible risk view.
Track changes, overdue mitigation, risks outside appetite, missing controls, and trends through current dashboards and reports.
90%38 of 42 critical vendors assessed
Leadership report · Q3 2026
Vendor Risk Program · Current position
Exposure, exceptions, treatment progress, and the supporting record stay together.
90%Vendor coverage38 of 42 assessed
6Residual exposureR-014 · Moderate
80%Treatment progressCAPA-18
Vendor Risk Program · Q3 2026Exposure, control coverage, actions, and evidence
PreparedPNJOJA
One record. Clear accountability.Risk owner · Treatment owner · Reviewer
Why VComply
RiskOps connects exposure to the controls and work that reduce it.
See why the rating exists, which controls protect the business, who owns the response, and whether residual exposure is acceptable.
Connected outcome
Every risk starts with an owner and a review date.
Vendor risks, categories, accountable owners, and review schedules stay together in one current register, so the next assessment starts with the full context.
Risk appetite and insight
Turn risk appetite into decisions people can act on.
Risk appetite should guide priorities, not sit in a board document. RiskOps connects approved thresholds to current exposure and the work required when a risk moves outside them.
- Define appetite and tolerance by risk category.
- Compare residual exposure with approved thresholds.
- Identify concentrations, movement, and missing protection.
- Escalate changed ratings or overdue treatment to the right owner.
From threshold to action Vendor Risk Program
6
Vendor compliance failureWithin appetite · R-014
0Appetite threshold: 825
Recommended next step in this example
Monitor protection. Keep the evidence current.
Priya Nair retains ownership. Review the linked controls and reassess at the next scheduled review.
Example thresholds for this vendor program. Your organization defines its own criteria.
Built for your operating reality
One risk process. Clear responsibilities for every team.
Risk & compliance leaders
See the complete risk landscape without chasing updates.
Track exposure outside appetite, control coverage, assessment results, and treatment progress across your entire risk portfolio in one current view.
A practical path to value
Replace the static register without rebuilding your risk program.
Start with the register and assessment method your team already uses, then improve the workflow as stakeholders adopt it.
Import
Bring risks, categories, scores, controls, owners, and existing treatment plans into one register.
Configure
Set risk criteria, appetite, assessments, reviews, permissions, alerts, and dashboards.
Pilot
Start with one risk category, department, workshop, or assessment cycle.
Scale
Expand across business units, locations, strategic objectives, and compliance programs.
Implementation that meets you where you are.
Prove one risk workflow, then scale with support tailored to your organization.
Proof in practice
See how regulated teams turn risk data into accountable decisions.
Customer stories show how VComply connects risk visibility, mitigation work, control oversight, and leadership reporting across complex organizations.
VComply is the ideal repository for compliance and regulatory requirements. It facilitates the integration of risk and compliance in a very intuitive way.
Ian W. Chief Risk and Compliance Officer
Faster risk assessment cycles through automation
Improvement in visibility of enterprise-wide risk posture
Fewer control failures by linking risks to active mitigation
A current view of infrastructure and environmental risks
Mitigation connected to task workflows, with reporting ready for board review.
Read the customer story →Centralized oversight across a complex portfolio
Risk oversight and accountability across multi-state operations.
Read the customer story →Stronger internal control oversight
A connected view of risk exposure, control coverage, and treatment progress across the organization.
Read the customer story →Accountability across a large care network
Unified risk and control oversight with current visibility across locations.
Read the customer story →Risk program resources
Build a risk program that supports better decisions, not just better registers.
Risk management blog
Practical guidance for your risk program
Explore articles on risk assessment, appetite, mitigation, and emerging risks to support better decisions.
Digital magazineBeyond Compliance magazine
Explore perspectives on AI governance, risk, and the ideas shaping modern GRC programs.
Free GRC toolsPut practical tools to work
Create policies and frameworks, follow regulatory updates, and organize key dates with VComply’s free tools.
Common questions
What risk teams ask before they switch.
Bring your current framework, appetite, controls, and reporting needs to a tailored demo.
What is risk management software?
Risk management software helps organizations identify, assess, treat, monitor, and report risks in a structured system. It connects risk ratings to owners, controls, mitigation work, evidence, appetite, and review history.
Why is a spreadsheet not enough for risk management?
A spreadsheet can list and score risks, but it cannot reliably manage recurring assessments, control relationships, treatment ownership, evidence, reminders, escalations, permissions, and a complete decision history across
teams.
What is the difference between inherent and residual risk?
Inherent risk is the exposure before controls or treatment. Residual risk is what remains after existing controls are considered. RiskOps keeps both assessments in the same workflow so teams can see whether protection is working.
Can we define our own risk appetite and scoring model?
Yes. Teams can configure risk categories, likelihood and impact criteria, appetite levels, response criteria, assessment frequency, and other settings around their risk framework and operating model.
Which risk treatments can we manage?
RiskOps supports decisions to accept, avoid, transfer, or optimize risk. Teams can document the decision, assign actions and controls, set priorities and deadlines, capture evidence, and monitor work to closure.
How are risks connected to controls?
Each risk can be linked to the controls intended to reduce it. A risk control matrix and supporting evidence help teams understand coverage, review effectiveness, identify missing protection, and reassess residual exposure.
Can RiskOps scale across departments and locations?
Yes. Organizations can manage risks across departments, locations, business units, programs, and categories while preserving local ownership and central reporting.
How does RiskOps connect to the rest of VComply?
RiskOps can connect risks to ComplianceOps obligations and controls, PolicyOps policies, CaseOps incidents and findings, assessments, mitigation work, evidence, and reporting. Teams get one operating history instead of separate
risk and compliance records.