Glossary/Compliance/Navex Global Riskrate

Navex Global Riskrate

Navex Global Riskrate is a third-party risk management solution that helps organizations assess, monitor, and mitigate risks associated with their business partners. It provides automated due diligence, continuous monitoring, and risk scoring to ensure compliance with regulatory requirements and to protect against potential threats.

Top 5*Compliance
Howdy Network Rank
#61
Howdy Network Rank#61
Top 5*
30.2%
Diligent Compliance
19.8%
Compliancemate
12.1%
Compliancequest
10.7%
Vcomply
9.3%
Oracle Risk Management Cloud
17.8%
Others
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*Survey of over 20,000+ Howdy Professionals
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About Navex Global Riskrate

Navex Global Riskrate was developed as part of Navex Global's suite of compliance and risk management solutions. It was designed to help organizations manage third-party risks by providing automated due diligence, continuous monitoring, and risk scoring. The tool aimed to ensure regulatory compliance and safeguard against potential threats in business partnerships.

Navex Global Riskrate's strengths include automated due diligence, continuous monitoring, and comprehensive risk scoring. Weaknesses may involve integration challenges and potential high costs. Competitors include MetricStream, RSA Archer, and ProcessUnity.

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How to hire a Navex Global Riskrate expert

A Navex Global Riskrate expert must have skills in data analysis, risk assessment, and regulatory compliance. Proficiency in using risk management software, understanding of third-party risk frameworks, and experience with automated due diligence processes are also essential.

USA
$97K
$127K

$224K

Employer Cost

$54K
$73K

$127K

Employer Cost

$Howdy savings: $97K
Benefits + Taxes + Fees
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*Estimations are based on information from Glassdoor, salary.com and live Howdy data.