Third-Party Risk Management

Run supplier risk assessments faster with AI-guided reviews, complete evidence, and the right stakeholders involved from the start. Spendflo keeps every decision audit-ready for compliance teams.

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Multi-step approval flow from request intake through legal review

Assess supplier risk with complete context

Collect vendor details, business purpose, data access, security requirements, compliance documents, certifications, and ownership in one guided flow. Flo helps teams start every third-party review with the context needed to assess risk quickly and consistently.

Multi-channel intake from Slack email and forms
Use cases including policy enforcement and budget impact analysis

Route reviews by risk, spend, and policy

Send each vendor through the right review path based on risk level, category, region, data access, spend, and regulatory requirements. Flo keeps security, legal, finance, compliance, procurement, and business owners aligned without manual chasing.

Centralize evidence, scoring, and decisions

Keep questionnaires, SOC 2 reports, certifications, contracts, insurance documents, security evidence, risk notes, and approval decisions connected to the vendor record. Flo helps teams summarize evidence, flag risk signals, and maintain one trusted source of truth.

Procurement workflows including request intake and approval routing
Dashboard showing to-dos, requests, and upcoming renewals

Keep risk reviews audit-ready over time

Track review status, blockers, owners, reassessment dates, and next steps from vendor request through approval and renewal. Spendflo gives teams a clear audit trail and ongoing visibility into third-party risk.

Built for the teams who own the number and who do the work.

Third-party risk management connects procurement, security, legal, finance, compliance, and business teams around the same vendor record different reviews, connected workflows, and clearer ownership from risk assessment to approval.

Teams managing third-party risk faster with Spendflo

“Finance queries Flo AI and surfaces exactly what they need for reforecast: 
which renewals are approaching, what savings are in play, when contracts are closing. Live insights, on demand
no back-and-forth, no delays”
Toral Patel, 

VP Accounting
“With Spendflo, we finally have unified visibility. We can look in one portal and see all our spend, upcoming renewals, and how we’re actually using the licenses we’re paying for.“
Josh Rappoport, 

VP Finance
“Spendflo AI triages intake and guides them through the right workflows. Centralize contracts, approvals, vendor data, and docs in one place. AI tracks usage, sentiment, and timelines automatically.”
Scott Stibich, 

Senior Accountant.

See third-party risk management in action

See how Spendflo helps teams assess supplier risk, collect evidence, route reviews, maintain audit trails, and approve vendors with better visibility and control.

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