RiskSpotlight Vendor Radar
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