Panorays alternatives · 2026

The best Panorays alternatives in 2026, compared honestly.

Panorays already combines questionnaires with an outside-in view, so teams looking for Panorays alternatives usually want one of three things: the questionnaire filled in for them rather than sent out, supplier follow-up that runs without an analyst, or a price they can see before a sales call. This guide compares seven Panorays alternatives and competitors for 2026, including RiskXchange, which publishes this page.

Last reviewed 13 October 2026 by Darren Craig

The short answer

Want questionnaires pre-filled, not just sent: RiskXchange — ARIA pre-populates them from the evidence a supplier already holds.
Want a published price: RiskXchange or UpGuard.
Need a board-recognised rating: Bitsight or SecurityScorecard.
Want shared assessments to avoid questionnaires entirely: ProcessUnity or Whistic.

What Panorays does well

Panorays combines automated, tailored security questionnaires with an external attack-surface assessment and the business context of each relationship, and covers the lifecycle from inherent risk through remediation and monitoring. It has a full REST API with webhooks and integrates with Archer and ServiceNow. For teams whose bottleneck is the assessment process, it is built for the right problem.

Why teams look for Panorays alternatives

The reasons that come up most often when buyers re-open the shortlist.

Questionnaires are still answered from scratch
A tailored questionnaire is better than a generic one, but the supplier still has to write the answers. Teams want them pre-populated from the SOC 2 report or ISO certificate the supplier has already produced.
Follow-up still lands on analysts
Getting questionnaires back is where programmes stall. Teams look for a platform that chases suppliers itself and escalates when a contact has left.
No published price
Panorays quotes privately, and public reporting varies too widely to rely on. Ask whether assessments are metered separately from monitoring.

Panorays alternatives at a glance

RiskXchange first — we publish this page — then the rest alphabetically. The same platforms are compared side by side in our buyer’s guide.

Platform	Best for	Pricing
RiskXchange	Teams short of people; AI agents do the questionnaire, chasing and reporting work	Published, all three tiers; unlimited vendors on Enterprise
Bitsight	Board-recognised security ratings	Quoted
Prevalent (Mitratech)	Off-the-shelf assessment content beyond cyber	Quoted
ProcessUnity	Configurable workflow plus a shared assessment exchange	Quoted
SecurityScorecard	Ratings your customers already know	Quoted
UpGuard	Self-serve entry point	Published entry tier; higher tiers quoted
Whistic	Trust-centre exchange and AI-assisted assessments	Quoted

The Panorays alternatives, one by one

What each is strongest at, and the question to put to each in a demo.

RiskXchange Our product

Best for: Teams that need the third-party risk work done without hiring more people to do it.

Most platforms on this list give your analysts better tools. RiskXchange gives you The Agency — 32 AI agents in five teams that do the work a TPRM team would otherwise hire for, while your people review and decide. ARIA pre-populates questionnaires from the documents a supplier already has and cross-checks every answer against REX’s outside-in scan evidence. NOVA runs supplier outreach and chasing by email, WhatsApp and in-app chat, and finds the new contact when the old one has left. TARA tiers suppliers and drives remediation to deadline. VANCE produces DORA, NIS2 and board reports from live data. Autonomy is set supplier by supplier, so a critical supplier can need sign-off on every action while a low-risk one runs hands-off.

Strengths

Capacity scales with your supplier count, not your headcount
Unlimited-vendor subscription on Enterprise — adding suppliers does not add cost
Questionnaire answers and outside-in evidence on the same supplier record, cross-checked automatically
Supplier follow-up run by an agent, not a reminder email
Published pricing, unlimited seats, no setup fees

Ask in the demo

Bring a real SOC 2 report and a supplier who has gone quiet: watch ARIA pre-populate the questionnaire and NOVA pick up the chase, on your data.
Put your current analyst hours next to our published price, and model year three on unlimited vendors.

Pricing: All three annual tiers published: Essentials £14,900 a year (50 vendors), Professional £31,500 a year (150 vendors) and Enterprise from £75,000 a year (unlimited vendors). GBP, excluding VAT. See pricing.

Bitsight

Best for: Programmes where an external security score must carry weight with a board or regulator.

The best-known name in security ratings, with a long time series of outside-in data and a vendor risk management product built around it.

Strengths

Board-recognised ratings with long historical depth
Breadth of outside-in telemetry
Widely referenced in insurance and board reporting

Ask in the demo

How much of the questionnaire and remediation workflow is native, and how mature is it next to the ratings product?
How does price scale as the number of monitored vendors grows?

Pricing: Quoted; generally at the higher end for comparable vendor counts.

Prevalent (Mitratech)

Best for: Programmes that want assessment content off the shelf, or that span more than cyber.

Breadth of assessment content. Its own figure is 800+ pre-built assessment templates mapped to frameworks including ISO 27001, NIST, HIPAA, SOC 2 and SIG, with third-party risk that reaches into financial health, ESG, sanctions and adverse media. Its Vendor Threat Monitor watches those signals continuously, and its FastTrack Assessment uses AI to suggest answers from a supplier’s previously completed questionnaires. Acquired by Mitratech in October 2024.

Strengths

Very large template library
Continuous monitoring across financial, ESG, regulatory and reputational signal
Risk domains well beyond information security

Ask in the demo

Prevalent does not produce a security rating of its own — how is a supplier’s answer checked against its externally observable posture?
How are assessments metered?
What does the Mitratech acquisition mean for the roadmap and for your renewal?

Pricing: Quoted.

ProcessUnity

Best for: Teams that want configurable workflow plus access to assessments other customers have already completed.

A workflow-led TPRM platform that merged with CyberGRX in July 2023, adding its exchange of shared, attested vendor assessments and cyber risk data to the assessment workflow.

Strengths

Highly configurable assessment and onboarding workflow
Shared assessment exchange can avoid sending a questionnaire at all
Predictive inherent-risk profiling from exchange data

Ask in the demo

How many of your own suppliers already have a current assessment in the exchange?
How recent is that data, and how is it validated?

Pricing: Quoted.

SecurityScorecard

Best for: Teams whose customers and partners already use SecurityScorecard ratings.

An established security ratings platform with broad ecosystem familiarity, plus supply-chain monitoring and assessment features built around the score.

Strengths

Ratings widely recognised, which shortens conversations with suppliers
Large ecosystem of integrations

Ask in the demo

How does price scale with vendors monitored and modules added?
What is the process when a supplier disputes its score?

Pricing: Quoted; scales with vendors monitored and modules.

UpGuard

Best for: Smaller teams that want to start this month without a sales cycle.

The easiest entry point in the category: genuinely good self-serve, outside-in monitoring plus questionnaires, and one of two platforms on this list publishing a list price.

Strengths

Self-serve onboarding and a published entry tier
Clean, usable interface
Outside-in monitoring and questionnaires in one product

Ask in the demo

What changes in price and capability between the published tier and the quoted ones?
How much of supplier follow-up is automated?

Pricing: Published Standard tier; higher tiers quoted.

Whistic

Best for: Teams that want suppliers to share security profiles once, rather than answer every questionnaire.

Built around a trust-centre exchange where companies publish their security documentation for reuse, with AI-assisted assessment. It added native breach monitoring (Vendor Monitoring) in March 2026.

Strengths

Exchange of pre-published vendor profiles
AI-assisted questionnaire review
Useful on both sides — buying and being assessed

Ask in the demo

How many of your suppliers already publish a Whistic profile?
How mature is the 2026 monitoring capability next to established ratings providers?

Pricing: Quoted.

RiskXchange vs Panorays

Where the two genuinely differ.

	RiskXchange	Panorays
Questionnaires	ARIA pre-populates questionnaires from SOC 2 reports, certificates and policies against 157 universal controls	Automated questionnaires tailored to the relationship
Outside-in view	Own outside-in rating, scanned daily for your organisation and weekly for suppliers	External attack-surface assessment
Answer vs evidence	Every answer cross-checked against the outside-in evidence; contradictions raised as findings	Ask whether contradictions are raised automatically or found by an analyst
Supplier chasing	NOVA chases by email, WhatsApp and in-app chat, and finds the new contact when one leaves	Ask what is automated
Regulatory reporting	VANCE produces DORA, NIS2 and board reports from live data	Ask for a live DORA or NIS2 output
Pricing	Published: £31,500 a year for 150 vendors; unlimited vendors from £75,000. Unlimited seats, no setup fees	Quoted; ask whether assessments are metered separately

Our prices are published list prices in GBP, excluding VAT. See our pricing comparison for how each platform in this category charges.

The cost that decides it: software or headcount

Whichever platform you choose, the biggest line in a third-party risk budget is usually the people running it — sending and chasing questionnaires, reading SOC 2 reports, following up findings, building the board pack. Most platforms make that work faster and leave it with your team, and most price per supplier monitored, so cost rises with every supplier you add.

RiskXchange is built to take that work off the team. The Agency — 32 AI agents in five teams — pre-populates questionnaires from the evidence a supplier already holds, cross-checks every answer against our own outside-in rating, chases suppliers by email, WhatsApp and in-app chat, and produces the DORA, NIS2 and board reports from live data. Your analysts review the exceptions and make the calls. Enterprise covers unlimited vendors from £75,000 a year, so capacity grows with the supply chain while the cost stays flat. Put your own figures into the business-case estimator.

When Panorays is still the right choice

Your suppliers are mostly bespoke relationships where a tailored questionnaire matters more than a pre-filled one.
You have built workflows on Panorays’ API, or on its Archer or ServiceNow integrations, that would be costly to rebuild.

Switching from Panorays

Most teams run both platforms in parallel for one assessment cycle rather than cut over on a single day.

Export your supplier register
Take the supplier list, tiers and owners out of Panorays as a CSV. Suppliers are added to RiskXchange manually or by CSV upload.
Bring the evidence you already hold
SOC 2 reports, ISO 27001 certificates, completed SIG or CAIQ questionnaires and policies. ARIA maps them to 157 universal controls and pre-populates each supplier’s questionnaire, so suppliers review rather than start again.
Set autonomy supplier by supplier
Choose manual, assisted or autonomous for each supplier — sign-off on every action for critical suppliers, hands-off for low-risk ones.
Run one cycle in parallel, then cut over
Compare findings for the same suppliers on both platforms through one renewal or assessment cycle, then retire the old one at its renewal date.

Disclosure

RiskXchange publishes this page and sells one of the products on it, which is why we are listed first. We have described Panorays and the other alternatives from their own materials and public announcements, phrased our reservations as questions to ask them, and said where Panorays remains the better choice. Check what matters to you against a source we did not write.

Questions

Panorays alternatives, answered.

What is the best Panorays alternative?

For questionnaires pre-filled from supplier evidence and follow-up run by agents, RiskXchange. For a published self-serve price, UpGuard or RiskXchange. For a board-recognised rating, Bitsight or SecurityScorecard. For shared assessments, ProcessUnity or Whistic.

How much does Panorays cost?

Panorays does not publish pricing, and third-party figures vary too widely to quote responsibly. Ask directly, and ask whether assessments are metered separately from monitoring. RiskXchange publishes all three tiers, from £14,900 a year for 50 vendors to unlimited vendors from £75,000.

Can we move our supplier data from Panorays to RiskXchange?

Yes. Export the supplier register as a CSV and upload it; bring the evidence you already hold — SOC 2 reports, certificates, completed questionnaires — and ARIA pre-populates each supplier’s questionnaire from it. Most teams run both platforms for one cycle before cutting over at renewal.

Does RiskXchange produce its own security ratings?

Yes. RiskXchange is TPRM software that generates its own outside-in ratings, so a supplier’s questionnaire answers and its external posture sit on the same record and are checked against each other — where they disagree, the gap is raised as a finding.

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