What TPRM Software Costs
And What You Actually Get

Two products in the table publish a rate card: ThirdProof and UpGuard. Everything else is quote-only, which is a deliberate commercial choice rather than an oversight — a price that arrives after a scoping call can be set against what the buyer appears able to pay, and against how many modules the scoping call managed to attach.

That leaves buyer-reported contract data as the only way to say anything concrete, and it comes with a real limit: a median is what other companies signed, not an offer. The spread underneath each one is wide — Vanta's reported contracts run from about $7,500 to $57,200 against a $20,000 median — because the headline number moves with headcount, framework count and add-on modules more than with the product itself.

So read the table for the band, not the decimal. The gap between $399/month for assessments and $20,000-plus a year for a compliance suite is not a discount on the same thing; it is two different purchases, and the section below is about which one you are actually making.

The spread across the category is scope, not assessment depth. Enterprise TPRM platforms are built for organisations with a dedicated compliance department of 10-20+ people, thousands of vendors, and complex governance workflows: risk registers, procurement integration, issue management, vendor lifecycle orchestration and continuous monitoring. None publish a rate card, so the number arrives with a sales process attached, and reported contracts vary by an order of magnitude depending on which modules you take. Those capabilities earn their price at 500 vendors. At 30, most of the spend goes to capabilities nobody opens — and someone still has to run the implementation project.

If you're a startup or a small team preparing for SOC 2 and assessing 10-50 vendors, you need three things: a vendor inventory, a documented risk assessment for each vendor, and evidence you can put in front of an auditor. You do not need governance workflow, a risk register, or a procurement module — those are what put enterprise platforms in a different price bracket, one you have to ask for. Paying suite prices for the assessment half is the most common way a small team overspends on TPRM.

SOC 2 CC9.2 doesn't require a platform — it requires evidence. Specifically: documented proof that you identified vendor risks, assessed their controls, and made informed decisions. That means a risk assessment per vendor with cited findings, a consistent methodology, and output an auditor can follow. That's what ThirdProof produces, without a GRC suite underneath it.

ThirdProof is the right call when you need a defensible vendor decision now, your auditor wants evidence rather than a platform, you're assessing roughly 5-50 vendors, and nobody on the team is going to run a six-month rollout.

It's the wrong call when continuous monitoring is the actual requirement, when you need a risk register and procurement workflow wired into the rest of the business, or when you're managing hundreds of vendors with a dedicated GRC team. At that point a broader suite earns its price, and ThirdProof is better used alongside one for fast initial assessment than instead of it.

Start with your vendor inventory — list every vendor that touches your data or operations. Prioritise by data sensitivity and business criticality. Run assessments on your highest-risk vendors first. Use the PDF reports as your vendor due diligence evidence file. You'll have a documented vendor risk program in an afternoon rather than a quarter.