TELUS TPM
TELUS TPM is a comprehensive third-party management software providing automated risk assessments, continuous monitoring, and centralized vendor oversight to protect your organization from supply chain vulnerabilities and compliance breaches.
Thoropass
Thoropass is a compliance automation platform that combines software and in-house auditors to help you achieve and maintain SOC 2, ISO 27001, and HIPAA certifications with ease.
Quick Comparison
| Feature | TELUS TPM | Thoropass |
|---|---|---|
| Website | telus.com | thoropass.com |
| Pricing Model | Custom | Custom |
| Starting Price | Custom Pricing | Custom Pricing |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 1990 | 2019 |
| Headquarters | Vancouver, Canada | New York, USA |
Overview
TELUS TPM
TELUS TPM (Third-Party Management) helps you gain complete visibility into your vendor ecosystem to identify and mitigate hidden risks. Instead of managing spreadsheets, you get a centralized platform that automates the entire vendor lifecycle—from initial onboarding and due diligence to continuous performance monitoring. You can easily assess the security posture of your partners and ensure they meet your specific regulatory requirements.
The platform streamlines your workflows by sending automated questionnaires and collecting evidence in one secure location. It provides real-time risk scoring and alerts, so you can respond immediately to potential threats in your supply chain. Whether you are managing a handful of critical partners or thousands of global suppliers, it scales to provide the oversight you need to maintain operational resilience.
Thoropass
Thoropass simplifies the complex world of information security compliance by combining an automated platform with dedicated expert guidance. You can stop juggling spreadsheets and manual evidence collection because the software integrates directly with your tech stack to monitor controls and gather data automatically. Whether you are pursuing SOC 2, ISO 27001, HIPAA, or GDPR, the platform provides a clear roadmap to get you audit-ready faster.
What sets this apart is the integrated audit experience. Instead of finding a third-party auditor, you work with Thoropass's own experts who use the platform to conduct your audit, reducing friction and unpredictable timelines. You get a centralized dashboard to track your progress, manage risks, and prove your security posture to customers and partners without the typical administrative headache.
Overview
TELUS TPM Features
- Automated Onboarding Standardize your vendor intake process with automated workflows that guide partners through necessary documentation and security checks.
- Risk Scoring View real-time risk ratings for every vendor based on their security posture, financial health, and compliance history.
- Questionnaire Automation Send, track, and analyze industry-standard or custom security questionnaires to your vendors with automated follow-ups for missing data.
- Continuous Monitoring Receive instant alerts when a vendor's risk profile changes, allowing you to address vulnerabilities before they impact your business.
- Compliance Mapping Map vendor responses directly to regulatory frameworks like SOC2, ISO, or HIPAA to simplify your audit preparation.
- Centralized Repository Store all vendor contracts, certificates of insurance, and assessment reports in one searchable location for better oversight.
Thoropass Features
- Automated Evidence Collection. Connect your cloud services and tools to automatically gather the proof you need for audits without manual uploads.
- Continuous Control Monitoring. Monitor your security controls in real-time and receive alerts the moment a control falls out of compliance.
- Integrated Audit Experience. Work directly with in-house auditors who use your platform data to complete certifications faster and more predictably.
- Security Awareness Training. Deploy and track required security training for your employees directly within the platform to meet compliance standards.
- Policy Management. Access a library of pre-built policy templates you can customize and distribute to your team for digital signatures.
- Risk Assessment Tools. Identify and document your organization's security risks using guided workflows that satisfy specific framework requirements.
Pricing Comparison
TELUS TPM Pricing
Thoropass Pricing
Pros & Cons
TELUS TPM
Pros
- Centralizes complex vendor data into a single, actionable dashboard
- Automates repetitive follow-ups to save your procurement team time
- Provides clear audit trails for regulatory compliance requirements
- Scales effectively for organizations managing large, global supply chains
Cons
- Requires significant initial setup to map custom internal processes
- Pricing is not transparent and requires a sales consultation
- Learning curve for administrators managing complex risk scoring rules
Thoropass
Pros
- All-in-one approach includes both software and the actual audit
- Highly responsive customer success teams guide you through every step
- Intuitive interface makes complex security frameworks easy to understand
- Automated integrations significantly reduce manual evidence gathering time
Cons
- Initial technical setup requires significant time from your engineering team
- Custom pricing can be higher than software-only competitors
- Limited flexibility if you prefer using an external audit firm