Case Study: Beachbody streamlines vendor risk management with Mitratech TPRM

Beachbody streamlines vendor risk reviews for 2 million customers with Mitratech

Beachbody, a multi-platform health and wellness company, faced a manual and time-intensive process for assessing third-party vendor risk. Their security team, led by Sam Cortez, used a custom-built SmartSheets form based on the SIG questionnaire, which required extensive hands-on management to score vendor risk before contract negotiations. Seeking a more scalable solution, they turned to the vendor Mitratech and its Third-Party Risk Management platform to automate their program.

Mitratech provided the TPRM Platform, including Vendor Threat Monitor for continuous risk monitoring and the Vendor Intelligence Network for pre-filled assessments. This solution created a central repository for vendor intelligence and automated previously manual workflows. As a result, Beachbody saved significant time, assessing new vendors faster and conducting renewals more efficiently. Mitratech also improved historical documentation and provided reporting features to support future board-level insights into supply chain risk.

Beachbody