Panorays vs 3rdRisk

Panorays8.8Visit 3rdRisk8.7Visit

Higher score Panorays #5 in Third-Party Risk Management Software 8.8/10 Pricing on request ✓ 5 of 5 features Visit Panorays

vs

3rdRisk #6 in Third-Party Risk Management Software 8.7/10 Pricing on request ✓ 5 of 5 features Visit 3rdRisk

• Panorays fits best

  Supply-chain and nth-party visibility

• 3rdRisk fits best

  Centralized third-party risk and remediation

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Side by side

Feature	Panorays 8.8/10 Visit ↗	3rdRisk 8.7/10 Visit ↗
At a glance
Editor score	8.8	8.7
Ranking	#5 in Third-Party Risk Management Software	#6 in Third-Party Risk Management Software
Best for	Supply-chain and nth-party visibility	Centralized third-party risk and remediation
Pricing model	Paid	Paid
Starting price	—	—
Free plan	Not checked yet	—
Free trial	—	—
Deployment	Cloud	Cloud
Platforms	Web	Web
Support	Email, Docs	Live chat, Email, Docs
Compliance	SOC 2, ISO 27001, GDPR, HIPAA, PCI DSS, SSO/SAML, 2FA	SOC 2, GDPR, 2FA
Integrations	20 integrations	40+ integrations
Built for	Mid-market, Enterprise	Small business, Mid-market, Enterprise
Features Panorays 5/5 · 3rdRisk 5/5
Continuous monitoring	✓	✓
Questionnaire library	✓	✓
Framework mapping	✓	✓
Evidence collection	✓	✓
Workflow automation	✓	✓
Specs
Assessment method	Hybrid	Questionnaire
Vendor limit	Not checked yet	Not checked yet
Our review
Pros	Discovers direct and nth-party supply-chain relationships Combines assessments, questionnaires, ratings, and monitoring Supports remediation workflows and broad integrations	AI-powered questionnaire completion and document analysis Continuous monitoring with automated vendor-risk alerts Framework mapping, evidence collection and remediation workflows
Cons	Pricing is handled through contact sales The platform may exceed simple questionnaire-only needs Monitoring features are separate from the Inventory plan	Pricing requires contact with sales API access is listed only in the Optimise plan Dedicated support is listed only in the Manage plan
Our verdict	Panorays is a third-party cyber risk management platform for security, compliance, and procurement teams managing supplier ecosystems. It brings together third-party and nth-party discovery, business-impact context, external attack-surface… Read the review →	3rdRisk is a cloud-based third-party risk management platform from Diligent. It centralizes vendor data, documents, risks and contracts while supporting configurable questionnaires, supplier onboarding, external risk monitoring, compliance… Read the review →

Strengths and trade-offs

• Panorays — where it wins

  • Discovers direct and nth-party supply-chain relationships
  • Combines assessments, questionnaires, ratings, and monitoring
  • Supports remediation workflows and broad integrations

  Where it doesn't

  • Pricing is handled through contact sales
  • The platform may exceed simple questionnaire-only needs
  • Monitoring features are separate from the Inventory plan

• 3rdRisk — where it wins

  • AI-powered questionnaire completion and document analysis
  • Continuous monitoring with automated vendor-risk alerts
  • Framework mapping, evidence collection and remediation workflows

  Where it doesn't

  • Pricing requires contact with sales
  • API access is listed only in the Optimise plan
  • Dedicated support is listed only in the Manage plan

• Panorays8.8/10 · Pricing on request

  A broad TPRM platform for direct, nth-party, assessment, and monitoring workflows.

  Visit PanoraysFull verdict →
• 3rdRisk8.7/10 · Pricing on request

  A centralized platform for vendor risk, compliance, monitoring and remediation workflows.

  Visit 3rdRiskFull verdict →