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Business Platforms & EA · Intermediate

ServiceNow Third-Party Risk Management (TPRM)

ServiceNow application for assessing and monitoring vendor risk through tiering, questionnaires, documents and issues.

Definition

TPRM supports vendor portals, inherent risk tiering, due diligence assessments and integration with external risk ratings.

Exam tip

Tiering drives assessment depth: higher-tier vendors get more rigorous assessments.

Related terms