TL;DR: Manual vendor risk reviews can take days per supplier, and Zluri’s guide argues that third-party risk management software centralises assessment, monitoring, and remediation while reducing error-prone spreadsheet work. The real governance issue is that vendor review and offboarding still hinge on access, lifecycle, and accountability controls that many identity programmes do not operationalise cleanly.
Editorial analysis by NHI Mgmt Group, based on content published by Zluri: “Top 10 Third Party Risk Management Software”.
Key questions
Q: What breaks when third-party risk review is managed outside IAM?
A: Access changes become disconnected from the risk decision that justified them, so onboarding, renewal, and offboarding drift into separate processes.
Q: Why do supplier risk scores not solve third-party governance on their own?
A: A score can prioritise attention, but it does not revoke access, reduce privilege, or enforce offboarding.
Q: How should security teams implement vendor risk management across onboarding and offboarding?
A: Start with a defined assessment process, then map vendor access, data handling, and business criticality before approval.
Practitioner guidance
- Map every vendor to an access owner Assign a named owner for each supplier that can reach systems, data, or admin workflows, and require that owner to approve scope changes and offboarding.
- Link risk scoring to entitlement decisions Do not let a vendor risk score sit in a dashboard without a linked decision on access scope, monitoring cadence, or removal.
- Build offboarding into supplier review Require the same process that approves onboarding to define the offboarding trigger, revocation steps, and evidence needed to close access.
Bottom line: Third-party risk management software addresses a real operational bottleneck, but the deeper governance issue is whether supplier access is tied to an enforceable lifecycle.
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Third-party risk management is now an identity governance discipline, not a procurement add-on. The article’s core problem is not only supplier diligence, but the fact that supplier access often outlives the business decision that granted it. Once vendors touch data, workflows, or admin surfaces, review and removal become identity events, not just contract events. Practitioners should treat third-party risk as a governed access lifecycle.
A few things that frame the scale:
- 92% of organisations expose NHIs to third parties, raising concerns about supply chain security, according to the Ultimate Guide to NHIs.
A question worth separating out:
Q: When should organisations re-assess third-party access rather than just re-score it?
A: Reassessment is needed whenever the vendor’s scope, control posture, data access, or business relationship changes in a way that could affect trust. Re-scoring alone is insufficient if the supplier still has active access. The decision point should be whether the current entitlement remains justified, not whether a dashboard number moved.
👉 Read our full editorial: Third-party risk management software and identity governance gaps