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Pro-actively monitor your core vendors to pre-empt their risk to your organisation
Business Problem
Organisations have become heavily reliant on vendors for many of their core processes and systems
Vendor risk monitoring and management has become an increasing focus given recent events
Being aware of the risks associated with your core vendors is key
Operational resilience regulation makes it even more vital
Interconnected nature of many vendors can make it difficult to see emerging risks and threats
Monitoring relevant information on many key vendors can be very resource intensive and expensive
Vendor Radar Enables
Pro-active monitoring of your core vendors
Provide vendor content to risk, procurement, legal and compliance teams
Prioritised content using AI models
Fully customise the service for your core vendors
Adapts to changing vendor landscape
Daily updates provide the most recent news on vendors
Filtering content to find most relevant content
Notification of major news events on core vendors
Export content into Excel for vendor reporting & analysis
Business Benefits
Significant savings of time & costs to monitor vendors
Allows monitoring by multiple teams
Utilise vendor content to proactively identify & manage vendor risks
Perform rigorous due diligence on new vendors
Make informed decisions when awarding new contracts to vendors
Web based subscription service requiring no installation or implementation of any software
Notes:-
Includes access for up to 25 users. Additional user subscription available on request.
Vendor list can be updated during the subscription period
Contact portalsupport@riskspotlight.com for 1 month free trial
Watch video demo of the Vendor Radar Service
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