Lema vs. AuditBoard
Widely adopted for internal audit,SOX compliance, and GRC workflows. Its TPRM capabilities are primarilyquestionnaire-driven, requiring significant manual effort and offeringpoint-in-time visibility into third-party risk.
An AI-powered TPRM platform that transforms third-party risk teams from compliance auditors into Risk Engineers. Lema automatically analyzes vendor artifacts, gathering public intelligence, and monitoring the interface between you and your vendors.
TURNING TPRM TEAMS INTO RISK ENGINEERS SINCE 2024
They ditched the checklist. Here’s what happened.
“Most TPRM tools are just random number generators. They make assumptions based on superficial scans that don't reflect real-world exposure. Lema is the first platform we've seen that provides a holistic, multi-dimensional view of our actual third-party risk and gives us the actionable intelligence to mitigate it”
“Lema has helped OPENLANE increase velocity of external vendor reviews while reducing the time to vet new vendors, more than doubling the number of vendors we are able to actively monitor.”
“Why not just hire more analysts?' Lema catches critical risks that human teams, no matter how large the team, will always spend weeks finding if they find them at all. That isn't just efficiency; that is real security.”
“Traditional TPRM is a weird circus where everyone knows they're wasting each other's time with spreadsheets and checklists. It provides next to zero value. Lema is the first solution that provides true assurance by actually validating the claims vendors make, not just taking an Excel sheet for granted.”
“The 250-question checklist is a significant waste of human capital. LEMA ended this unproductive theater by eliminating redundant questions and focusing on hunting for proof instead. It's the only way we can scale our operations without becoming a bottleneck. LEMA has matured our program almost overnight.”
Different tools. Different jobs.
managing internal controls
material third-party threats
How they compare
 Risk Engineering |  Compliance Automation | |
|---|---|---|
| Assessment | ||
| Automated vendor assessments | ||
| Smart evidence requestOnly gaps are sent to the vendor for review | ||
| Adaptive frameworksEvaluate only the controls relevant to the engagement | ||
| Smart assessment summary | ||
| Smart inherent risk estimation | ||
| Evidence & Intelligence | ||
| Evidence collection | Public collection from multiple sources | Requires integration |
| Open-source reconPublic artifacts, adverse media, breaches & vulnerabilities | ||
| Supported frameworks | Create your own framework with AI controls | |
| Monitoring & Discovery | ||
| Shadow IT discovery | Requires integration | |
| Monitor third-party usage | ||
| Detect scope drift | ||
| Detect onboarding and offboarding risk | ||
| 4th-party discovery & management | ||
| Integrations & Lifecycle | ||
| Security & IT systems integrations | ||
| Vendor life-cycle integrationsProcurement, GRC & ticketing systems | ||
| Get a Demo | ||
Where Lema goes further
Go from hours of manual analysis to instant clarity. Lema automates the entire review process to deliver evidence-backed results in minutes, not weeks. We prioritize relevant controls based on context, so you stop wasting time on noise.
Stop relying on checklists. Lema's AI finds the deep risks that security ratings miss:
- The "safe" foreign vendor who is really North Korean.
- The "innocent" AI tool that steals your IP with a hidden "opt-out" clause.
Shrink your exposure and guard your assets like a fortress. We minimize the real business impact of third-party failures by catching the "low risk" partner that can compromise your org in a heartbeat.