Three years ago, you managed 200 vendors. Today it's 600. Your team? Still three people.
You know what happens next:
The brutal math: Each analyst completes about 30 thorough assessments annually. Three analysts = 90 vendors comprehensively managed. That's 15% of a 600-vendor portfolio. The other 510 operate without oversight.
Could you just hire more people?
Here's the real problem: manual processes don't scale linearly. You can't hire your way out of this.
You face impossible choices every day: maintain rigorous assessments on fewer vendors while accepting blind spots everywhere else, or spread thin with lighter reviews that might miss critical risks. What worked for 200 vendors simply breaks at 600.
Your analysts aren't doing risk analysis. They're doing data entry.
Vendor intake research: 2 hours
Searching business registries, reviewing financial reports, looking up domains, checking for duplicates across business units. Necessary work, but not risk management.
Assessment creation: 10 hours
Understanding vendor services, determining tier, selecting questions, customizing them, formatting. You're building the instrument, not evaluating risk yet.
Vendor follow-up: 8 hours
Incomplete responses > clarification requests > more incomplete responses > second follow-up > third follow-up. 45-day cycles where 80% is spent waiting and chasing.
Evidence review: 6 hours
Reading 80-page SOC 2 reports looking for exceptions. Checking policies, validating certificates, and reviewing training records are detail-oriented work that doesn't require strategic thinking.
Remediation tracking: 4 hours monthly
Tasks like documenting in spreadsheets, sending status emails, and following up on deadlines create no risk value; they just prevent findings from disappearing.
The reality: 30+ hours per vendor on mechanical work before applying any risk judgment. That's why more people don't solve the problem.
Modern TPRM platforms automate mechanical work so analysts focus on judgment.
The system pulls verified data instantly when procurement submits a vendor name:
The result: Two analysts assess 450+ vendors annually compared to 60 manually. That's 7-8X capacity multiplication.
This capacity multiplication closes blind spots manual processes can't touch.
Before: Three-analyst team covers 90 vendors comprehensively, 510 receive no oversight
After:
Third-party breaches often come from unmonitored lower-tier vendors with more access than anyone realized:
Small teams managing large portfolios face structural constraints hiring doesn't solve. Modern TPRM platforms transform this through capacity multiplication—two analysts accomplish what ten couldn't manually.
The shift from 15% to 90%+ coverage happens through architectural change: automated intake, intelligent questionnaires, evidence parsing, alert correlation, workflow routing. These eliminate bottlenecks that consume time without requiring risk expertise.
Next steps:
For comprehensive coverage of how AI applies across vendor lifecycle stages, explore our guide to AI in third-party risk management. Or request a demo to review your vendor count, team size, and coverage goals.