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Head-to-head · Third-Party Risk Management Software

UpGuard vs Panorays

  • Updated Oct 2026
  • Both researched from official sources
  • 6 checks side by side
Higher score UpGuard #4 in Third-Party Risk Management Software 8.9/10 Free plan · 14-day trial Free planFree trial✓ 0 of 5 features Visit UpGuard
Panorays #5 in Third-Party Risk Management Software 8.8/10 Pricing on request ✓ 5 of 5 features Visit Panorays

UpGuard leads on 0 checks, Panorays on 0, and 6 are even. Who comes out ahead on the 6 yes/no, price and count checks where we have data for both products. The editor score weighs everything else too.

Our verdict

  • Highest scoreUpGuard · 8.9/10
  • Free planonly UpGuard
  • Free trialonly UpGuard
  • Most featuresPanorays · 5 of 5

UpGuard scores higher on our rubric for third-party risk management software: 8.9 against 8.8 out of 10; our editors rank them #4 and #5.

UpGuard is the better fit for self-service vendor risk monitoring. Panorays is the better fit for supply-chain and nth-party visibility.

  • UpGuard fits best

    Self-service vendor risk monitoring

  • Panorays fits best

    Supply-chain and nth-party visibility

Advertiser disclosure: iTechGuides is reader-supported. Vendors can pay for top positions in our rankings and for a place on other products' pages, and we may earn a commission when you click some links. Bought places stand at the number bought; this page and our disclosure say so. Paying vendors may get a fuller, more detailed review from our editors, and that review can change their score. How we rank.

Side by side

Feature UpGuard 8.9/10 Visit ↗ Panorays 8.8/10 Visit ↗
At a glance
Editor score 8.9 8.8
Ranking #4 in Third-Party Risk Management Software #5 in Third-Party Risk Management Software
Best for Self-service vendor risk monitoring Supply-chain and nth-party visibility
Pricing model Free plan + paid Paid
Starting price $250/mo —
Free plan ✓ (best) Not checked yet
Free trial 14 days —
Deployment Cloud Cloud
Platforms Web Web
Support Email, Live chat, Phone, Docs Email, Docs
Compliance SOC 2, ISO 27001, SSO/SAML, 2FA SOC 2, ISO 27001, GDPR, HIPAA, PCI DSS, SSO/SAML, 2FA
Integrations 4,000+ integrations 20 integrations
Built for Small business, Mid-market, Enterprise Mid-market, Enterprise
Features UpGuard 0/5 · Panorays 5/5
Continuous monitoring Not checked yet ✓ (best)
Questionnaire library Not checked yet ✓ (best)
Framework mapping Not checked yet ✓ (best)
Evidence collection Not checked yet ✓ (best)
Workflow automation Not checked yet ✓ (best)
Specs
Assessment method Not checked yet Hybrid
Vendor limit Not checked yet Not checked yet
Our review
Pros
  • Free plan monitors 5 vendors
  • Risk scoring, questionnaires, remediation workflows, and waivers
  • Integrations include Jira, Slack, ServiceNow, and Zapier
  • Discovers direct and nth-party supply-chain relationships
  • Combines assessments, questionnaires, ratings, and monitoring
  • Supports remediation workflows and broad integrations
Cons
  • The free plan is limited to 5 monitored vendors
  • Scanning uses outside-in public-source data
  • Premium plans reach $19,999 annually and beyond
  • Pricing is handled through contact sales
  • The platform may exceed simple questionnaire-only needs
  • Monitoring features are separate from the Inventory plan
Our verdict

UpGuard is a cloud-based cyber risk posture management platform for security teams managing vendor exposure, external attack surfaces, vulnerabilities, and remediation. Its vendor risk capabilities combine security ratings, questionnaires,…

Read the review →

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 →
  1. UpGuardThird-Party Risk Management Software 8.9Free plan · 14-day trial
  2. PanoraysThird-Party Risk Management Software 8.8Pricing on request

Strengths and trade-offs

  • UpGuard — where it wins

    • Free plan monitors 5 vendors
    • Risk scoring, questionnaires, remediation workflows, and waivers
    • Integrations include Jira, Slack, ServiceNow, and Zapier

    Where it doesn't

    • The free plan is limited to 5 monitored vendors
    • Scanning uses outside-in public-source data
    • Premium plans reach $19,999 annually and beyond

  • 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
  • UpGuard8.9/10 · Free plan · 14-day trial

    A broad cyber risk platform with useful self-service monitoring and steep premium tiers.

    Visit UpGuardFull verdict →
  • Panorays8.8/10 · Pricing on request

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

    Visit PanoraysFull verdict →

More comparisons

All Third-Party risk management software comparisons → · Full ranking →

Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026

Last updated · How we research and update