---
sourceDocument: Australia Governance, Risk, and Compliance
sourceDocumentLink: https://servicenow-prod.fluidtopics.net/r/governance-risk-compliance
Release :
- australia
ft:locale :
- en-US
ft:publication_title :
- Australia Governance, Risk, and Compliance
ft:clusterId :
- grc
bundleId :
- grc
workflow :
- Technology
---
# Vendor Risk Overview reports --- Legacy view
# Vendor Risk Overview reports --- Legacy view {#ariaid-title1}
* Release version: Australia
*
* Updated March 12, 2026
*
*  2 minutes to read
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## Summary of Vendor Risk Overview reports --- Legacy view
The Vendor Risk Overview page has transitioned to third-party risk reports within the Vendor Management Workspace.
This page provides essential insights into your third-party risk management program.
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## Key Features
Access the Vendor Risk Overview by navigating to *All \> Third-party Risk Management \> Overview*. The key components include:
* **IRQ Process:** Replaces the traditional tiering assessment with an internal questionnaire that enhances flexibility and scalability in risk assessments.
* **Legacy Support:** Existing tiering assessments can be duplicated and designated as IRQ internal assessments.
## Vendor Risk Overview --- Vendor Tab
Reports available on the Vendor tab include:
* **Total Vendors:** Total number of third parties.
* **Open Tiering Assessments:** Number of third parties with active tiering assessments.
* **Open Risk Assessments:** Number of third parties with active risk assessments.
* **Past Tiering Assessments:** Count of third parties that have not completed assessments on time.
* **Vendor Classification by Tier:** Visual representation of third parties by risk tier.
* **Upcoming Vendor Risk Assessments:** Scheduled assessments for third parties.
## Vendor Risk Overview --- Engagement Tab
Reports available on the Engagement tab include:
* **Total Engagements:** Total number of engagements.
* **Open Tiering Assessments:** Count of engagements with active tiering assessments.
* **Engagements Classification by Tier:** Distribution of engagements by risk tier.
* **Open Issues by Priority:** Sorted list of issues by priority level.
## Important Note
The Vendor Risk Overview dashboard is deprecated starting with version 18.1.3 of Third-party Risk Management. Customers using versions prior to 18.1.3 can still access the Vendor Risk Overview dashboard.
The Vendor Risk Overview page is replaced by the third-party risk reports on the Vendor Management Workspace.
## Viewing the reports {#vendor-risk-overview-reports__section_m1k_rgh_l2b}
To open the Vendor Risk Overview, navigate to AllThird-party Risk ManagementOverview. The page displays reports that provide insights into your third-party risk management program. The
## The more complete IRQ process replaces tiering {#vendor-risk-overview-reports__id_g4d_2lm_gyb}
In the TPRM application, the IRQ is an internal questionnaire that improves the original tiering assessment process. IRQs enhance internal risk assessments with increased flexibility, control, and scalability. Unlike a tiering assessment where external questionnaires are determined solely by the risk tier, an IRQ can dynamically trigger external questionnaires based on both respondents' answers and risk tier.{#vendor-risk-overview-reports__ph-irq-replaces-tiering}
To enable a seamless transition to TPRM, you have the option to duplicate existing tiering assessments and designate them as IRQ internal assessments. Risk tiering is supported as an unchanging legacy process.{#vendor-risk-overview-reports__ph-tiering-is-legacy}
## Vendor Risk Overview --- Vendor tab {#vendor-risk-overview-reports__section_yx3_vbf_tlb}
{#vendor-risk-overview-reports__table_vendor_tab__entry__2}
| Report | Description |
|-|-|
| Total Vendors | Total number of third parties. |
| Open Tiering Assessments | Number of third parties with active tiering assessments open. |
| Open Risk Assessments | Number of third parties with active risk assessments open. |
| Past Tiering Assessments | Number of third parties that have not completed the tiering assessment within the assessment time frame. |
| Tier-Recommended Risk Assessments | Number of third parties performing risk assessments based on tiering. |
| Vendor Classification by Tier | Donut report showing the number of third parties assigned to each risk tier. |
| Vendors Performing Risk Assessment Based on Tiering | Number of third parties with active tiering-based risk assessments sorted by third-party risk. |
| Open Issues by Priority | All third-party risk open issues sorted by priority. |
| Vendors by Risk Rating | Number of third parties sorted by risk rating. |
| Upcoming Vendor Risk Assessments | Number of third-party risk assessments scheduled. |
| Vendor-related Policy Exceptions | All policy exceptions generated from third-party risk issues. |
[Table 1. Reports on the Vendor tab]
{#vendor-risk-overview-reports__table_vendor_tab}
## Vendor Risk Overview --- Engagement tab {#vendor-risk-overview-reports__section_lvb_qff_tlb}
{#vendor-risk-overview-reports__table_engagement_tab__entry__2}
| Report | Description |
|-|-|
| Total Engagements | Total number of engagements. |
| Open Tiering Assessments | Number of engagements with active tiering assessments open. |
| Open Risk Assessments | Number of engagements with active risk assessments open. |
| Past Tiering Assessments | Number of engagements that have not completed the tiering assessment within the assessment time frame. |
| Past Risk Assessments | Number of engagements with active tiering-based risk assessments. |
| Engagements Classification by Tier | Donut report showing the number of engagements assigned to each tier. |
| Engagements by Type | Number of engagements of each type. |
| Open Issues by Priority | All engagement open issues sorted by priority. |
| Engagements by Risk Rating | Number of engagements sorted by risk rating. |
[Table 2. Reports on the Engagement tab]
{#vendor-risk-overview-reports__table_engagement_tab}
Important:
Starting with version 18.1.3 of Third-party Risk Management the Vendor Risk Overview dashboard is deprecated. If Third-party Risk Management was installed prior to 18.1.3 the Vendor Risk overview dashboard is still available for your use.
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