Side by side
RiskWatch Vendor Risk Management vs Smarsh Vendor Risk Management
Both stand on third-party risk management software. Which one you can start free with, which one lets you read the code, and what each costs once you pay.
Choose RiskWatch if your team needs tiered vendor reviews, questionnaire workflows, SOC 2 parsing, and ongoing monitoring in one platform. The 7-day trial provides access to core assessment capabilities. Compare the quoted plan and deployment options with your team size and framework needs before choosing.
Visit RiskWatch Vendor Risk ManagementChoose Smarsh Vendor Risk Management if your organization needs questionnaire-based vendor assessments alongside remediation, reporting, or breach monitoring. Look elsewhere if you need a displayed price before contacting a provider or need a platform beyond web access.
Visit Smarsh Vendor Risk ManagementThe facts
| RiskWatch Vendor Risk Management | Smarsh Vendor Risk Management | |
|---|---|---|
| Free plan | A free trial | Not published |
| Open source | Not published | Not published |
| Runs on | Android, API, iPhone, Self-hosted, Web | Web |
| Lowest paid plan | Free or on request | Free or on request |
| Plans published | 3 | 3 |
| Maker | Not published | Not published |
| Website | riskwatch.com | smarsh.com |
| On third-party risk management software | #5 of 31 | #26 of 31 |
RiskWatch Vendor Risk Management: what it does well
- Automatic vendor tiers set questionnaire depth and reassessment cadence.
- Questionnaire libraries include SIG, CAIQ, and NIST 800-161.
- SOC 2 parser maps findings to a customer control library.
- Scoring covers eight categories of vendor risk.
- Reports include portfolio rollups and regulatory exam packs.
What to know first
- There is no free plan.
- Paid pricing is available on request.
- The free trial lasts 7 days.
Smarsh Vendor Risk Management: what it does well
- Choose a customer questionnaire or licensed assessment content.
- Track assessments, score responses, and compare with industry benchmarks.
- Automate answer scoring, risk filtering, and remediation tickets.
- Vendor Breach Monitoring documents alerts, assessments, and responses.
- Includes continuous monitoring, evidence collection, and workflow automation.
What to know first
- The product is paid.
- Pricing is available on request rather than displayed on the product page.
- The platform is listed for web use.
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