Third-party relationships power growth but also multiply risk.
Today’s organisations depend on suppliers, IT partners, logistics networks, outsourcing vendors, distributors, and consultants.
But these partners also introduce real exposure:
Cyber breaches & data privacy failures
Regulatory non-compliance
ESG lapses & reputational damage
Sanctions risk & geopolitical sensitivity
Fraud & Collusion
Boards and CXOs are now held accountable for vendor failures, not vendors alone.Most companies don’t lack vendors But, they lack visibility, governance, and continuous oversight across them.
Third Party Risks must be lifecycle-driven, intelligence-led, and integrated with enterprise risk — not a procurement checklist.
PACE believes a strong TPRM framework requires:
Clear visibility — who your vendors are and the risks they bring
Structured governance — defined ownership across procurement, finance, legal, compliance & risk
Continuous monitoring — real-time alerts, KRIs, sanctions screening, contract alignment
Integrated reporting — dashboards that feed Audit Committees, Boards & ERM
PACE builds systems that help leadership anticipate, measure, and mitigate vendor risks before they escalate.
Define enterprise-wide risks across strategic, operational, compliance & financial areas.
Evaluate likelihood, impact, velocity & control maturity to prioritize what matters.
Assign risk accountability to business owners — where decisions actually occur.
Integrate risk response into IFC, SOPs & governance workflows.
Track exposure and movement using leadership-ready, decision-focused reports.
Establish a lifecycle-based TPRM program tailored to your risk profile and industry.
Move beyond checklists to comprehensive due diligence and periodic risk reviews.
Institutionalise consistent practices and clear accountability across the vendor ecosystem.
Deliver real-time oversight and transparent reporting across the third-party portfolio.
Be prepared for third-party breaches, frauds, or failures with structured protocols.
Comprehensive ERM solutions designed to integrate seamlessly with your business operations.
We align audit focus with business-critical risks and strategic priorities, backed by AI-driven trend analysis and predictive risk modelling.
We deliver: risk scoring, heatmaps, enterprise-wide audits, emerging risk audits (cyber, ESG, supply chain), and KRI-linked dashboards.
Detailed Service Offerings:
We conduct structured risk assessments with leadership & business teams, prioritizing risks by exposure, velocity & control maturity — and define actionable mitigation plans with clear ownership and timelines.
We then define mitigation strategies and action plans with:
Outcome: Risks become visible, accountable and manageable — not conceptual.
We develop governance dashboards and reporting formats that help CFOs & Boards track risk proactively — enabling confident, evidence-backed decision-making.
Outcome: Boards don’t just see risk. They understand its movement and approve decisions with confidence.
PACE’s approach equips CXOs, Boards, CROs, and CFOs with:
Confidence across Companies Act, SEBI LODR, RBI guidelines, and ESG / BRSR requirements.
Reduced vendor failure risk through continuous screening, monitoring, and risk intelligence.
Proactive oversight that protects brand equity and stakeholder confidence.
Protection against non-performance, fraud, penalties, and compliance breaches.
Integrated visibility across risks, controls, and third-party dependencies.
Disciplined governance that reinforces accountability and ethical conduct.
PACE delivers precision, visibility, and execution speed that traditional audits cannot match.
PACE delivers risk-led, governance-strong
Third Party Risk Management built on 23+ years of experience
across enterprise risk, compliance, and controls.
We go beyond vendor onboarding checklists to create structured,
end-to-end TPRM programs that provide clear visibility into
vendor risk exposure, accountability across business owners,
and consistent oversight throughout the third-party lifecycle.
Through disciplined frameworks, practical execution, and
leadership-ready reporting, we help organisations build
secure, compliant, and resilient vendor ecosystems —
not just transactional compliance.
Let’s build a third-party ecosystem that protects your organisation not exposes it.
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At PACE, we recognize that each client has unique needs, which is why we identify and fulfill those needs through our own highly personalized consulting. We work together with our clients on their problems and provide them with the best possible solution.
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