Third-Party Risk Management Built for Mid-Market Procurement Teams

Enterprise organisations have dedicated TPRM functions. Mid-market businesses have had to manage the same risk without the same resources. TeRoc changes that — giving you a complete third-party risk management capability without the headcount or the enterprise price tag.

What third-party risk looks like when it isn't managed.

Supplier failure

A key supplier becomes insolvent, fails food safety standards, or loses a certification. You find out when the delivery doesn't arrive — not when the signals started appearing three months earlier.

Contract exposure

A contract auto-renews with terms that no longer reflect the market. A liability clause that should have been pushed back on wasn't. The cost is locked in for another year.

Compliance failure

A regulatory audit reveals that supplier due diligence records are incomplete. The audit trail exists in email threads and spreadsheets that nobody can reconstruct quickly enough.

Reputational damage

A supplier's labour practices, environmental record, or financial behaviour becomes a story. You're associated with it. The question asked is not just what they did — it's what you knew and when.

The full TPRM lifecycle, in one platform.

TeRoc covers every stage of third-party risk management — from supplier onboarding and ongoing intelligence, through contract risk and audit, to AI-driven monitoring.

Supplier onboarding and intelligence

Build a complete supplier hub — structured profiles, AI enrichment, company information, risk signals, and certification tracking. Know who you're buying from before and after you sign. See supplier management →

Live risk monitoring and register

Build and maintain a risk register that's linked to suppliers and news stories. Add mitigations, assign owners, track status. Your exposure is always visible — not guessed at quarterly. See supply chain risk →

Contract risk analysis

Upload any supplier contract and get AI-powered analysis of the clauses that carry commercial and legal risk — before you're bound by them. Recommendations included. See contract analysis →

Supplier audit and compliance evidence

Plan and record supplier audits with findings that convert directly into risk records. Build the audit trail that demonstrates due diligence when regulators or clients ask for it. See supplier audit →

Continuous market intelligence

News feeds and saved searches keep you informed about your suppliers and categories. AI risk scoring means you see what matters, not everything. See news monitoring →

AI agents that work while you don't

Autonomous AI agents monitor your entire procurement environment — flagging risks, surfacing recommendations, and keeping your intelligence current without requiring manual effort. See procurement AI agents →

Up and running in minutes. Not months.

1

Add your suppliers

Create profiles for your key suppliers. TeRoc enriches them automatically with AI and connects them to your news feed.

2

Build your risk register

Log your known risks, link them to suppliers and intelligence. Attach mitigations and track them to closure.

3

Let TeRoc watch

AI agents monitor continuously. New risks are surfaced, new intelligence arrives, your TPRM function runs — without headcount.

Give your business the TPRM function it's always needed.

Free to start. No credit card required.

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