Panorays | Cyberse

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Third Party Risk Management

Panorays

Panorays automates the assessment and monitoring of external vendor security risks. It integrates continuous data collection and analysis to provide visibility into third-party security posture and compliance status.

Cost considerations

Functionality

Compatibility

User experience

Customer support

Why these ratings?

Cyberse perspective

Solution details

Pricing

Free trial available

Cloud ecosystem partners

Amazon Web Services

Microsoft Azure Cloud

Google Cloud Platform

Supported frameworks

PCI

NIST CSF/800-53

CCPA

GDPR

HIPAA

ISO 27001/27002

Subcategory

Assessment Management Platforms

Vendor Risk Scoring

Integrations

Third party risk management

Market segment

Enterprise

Midmarket

Product features

Technology risk management

Cybersecurity risk management

Integrations

Security automation

Services support

In-house services

Product features

Risk scoring

Customizable assessments and questionnaires

Vendor management

Threat intelligence

We use the following criteria to evaluate this product:

Cost considerations

Panorays charges roughly £2,500 per supplier, so costs escalate quickly for larger vendor lists and sit above typical mid-market rates. Public pricing is otherwise quote-based across four tiers, limiting cost transparency and making ROI hard to forecast. Continuous monitoring appears only in the Premium tier, so organizations pay extra for capabilities many rivals bundle in base plans

Cost considerations

Functionality

Panorays builds an automated supplier inventory, even uncovering hidden nth-party relationships. AI checks questionnaire answers and scores them, while continuous external scans keep each vendor’s risk rating current. Integrated remediation workflows and risk dashboards give teams a clear path to fix issues and track progress.

Functionality

Compatibility

Panorays plugs into ServiceNow and RSA Archer and uses SAML/OIDC SSO while its REST API and webhooks let teams pull data almost immediately. The published catalog does not list ready-made connectors for ERP or SIEM platforms, so those links would rely on the API. Compatibility is therefore strong but not fully turnkey across all enterprise systems.

Compatibility

User experience

Panorays reviewers report an intuitive dashboard, easy questionnaire workflows and clear risk scores that most users pick up quickly. Some comments cite a short learning curve during initial setup plus occasional sluggishness on very large vendor lists, so administrators still need modest training. Overall usability stands above many peers but doesn’t reach the “minimal training” bar for a top-tier score.

User experience

Customer support

Panorays advertises 24/7 live-rep assistance. Gartner reviewers highlight rapid replies from Support and Customer Success teams. Some G2 users mention difficulty reaching support, so the service is generally responsive but not consistently flawless.