Third-Party Risk Management with Supply Wisdom
Operationalize continuous risk intelligence and monitoring across your entire third-party universe. Automate and align risk actions.
Learn How Supply Wisdom will enhance your Third-Party Risk Management function.
- Conduct external risk assessments
- Continuously monitor risks and disruptions
- Automate risk triggers and actions
- Assess a single integrated view of all risks
- Enhance vendor portfolio risk tiering
- Know your third parties and Nth parties
- Early risk warning to avoid disruptions
- Demonstrate good practices to auditors and regulators
- Identify savings opportunities
- Identify category specific risk reviews
Business Continuity with Supply Wisdom
Ensure greater resilience by knowing your risks continually and enabling normal business operations during an incident with minimal disruptions.
Learn How Supply Wisdom will enhance your Business Continuity function.
- Continuous intelligence to aid business continuity planning
- Continuously know your third-party risks and disruptions
- Early risk warning to avoid disruptions
- Assess a single integrated view of all risks
- Current intelligence to support BCM recovery process
- Continuous intelligence to support external/market risk assessments
- Continuously know your location risks and disruptions
- Demonstrate good practices to auditors and regulators
- Identify similar vendors at risk of disruption
- Identify all functions supported by at risk vendors
Compliance with Supply Wisdom
Ensure third parties adhere to external rules and regulations as well as the company’s internal controls.
Learn How Supply Wisdom will enhance your Compliance function.
- Continuous updates on changing compliance landscape
- Identify third-party non-compliance
- Continuous updates on sanction violations
- Continuous updates on AML, AB&C and PEP exposure
- Continuous monitoring of risks and disruptions
- Support regulatory and audit finding corrective actions
- Demonstrate good practices to auditors and regulators
- Tactical solutions to regulatory findings
Corporate Social Responsibility with Supply Wisdom
Encourage and monitor third parties to comply with a leading ESG framework guidelines to enhance mutual brand reputation.
Learn How Supply Wisdom will enhance your Corporate Social Responsibility function.
- Adopt a leading ESG Framework
- Continuously monitor country’s ESG regulations and guidance
- Identify and continuously monitor reputation risks
- Set a good example in the industry
- Continuously monitor ESG actions and risks of third parties
- Know each location’s ESG violations
- Trigger ESG issue response and mitigation
- Demonstrate good practices to boards and auditors
Information and Cyber Security with Supply Wisdom
Ensure third parties are enabling the adequate protection of company and third-party information assets and technologies.
Learn How Supply Wisdom will enhance your Information and Cyber Security functions.
- Conduct external risk assessments
- Continuously monitor risks and disruptions
- Automate risk triggers and actions
- Go beyond cyber for a comprehensive view of risk
- Trend analytics for identifying potential disruptions
- Know your third parties and Nth parties
- Use early warning to avoid disruptions and breaches
- Demonstrate good practices to boards, auditors, and regulators
- Integrate risk assessment questionnaires into cyber risk scoring
- Integrate policies into cyber risk scoring
Operational Resilience with Supply Wisdom
Expand resilience programs by continually knowing third party and location risks, risk changes and disruptions.
Learn How Supply Wisdom will enhance your Operational Resilience function.
- Conduct external risk assessments
- Continuously know third- party risks and disruptions
- Use early risk warning to avoid disruptions
- Access a single integrated view of all risks
- Identify similar vendors at risk of disruption
- Use continuous risk data to aid resilience planning
- Continuously know location risks and disruptions
- Know when to leverage alternate sources
- Demonstrate good practices to boards, auditors, and regulators
- Identify all functions supported by at risk vendors
Procurement and Sourcing with Supply Wisdom
Identify, assess, and continually access suitable third-party and location intelligence to meet company’s strategic objectives.
Learn How Supply Wisdom will enhance your Procurement & Sourcing function.
- Expedite RFx process with timely supplier intelligence
- Accelerate supplier due diligence
- Identify location and supplier risks across a wide risk aperture
- Leverage continuous intelligence to support supplier assessments
- Ensure supplier and supply-chain transparency
- Know when to leverage alternate sources
Supply-Chain Risk Management with Supply Wisdom
Leverage continuous risk intelligence and monitoring across your entire supply chain to identify, assess, and mitigate potential and real disruptions.
Learn How Supply Wisdom will enhance your Supply-Chain Risk Management function.
- Conduct external risk assessments
- Comprehensive supply chain visibility
- Use early risk warning to avoid disruptions
- Access a single integrated view of all risks
- Identify all vendors providing similar service
- Know your third parties and Nth parties
- Continuously monitor risks and disruptions
- Automate risk triggers and actions
- Demonstrate good practices to boards, auditors, and regulators
- Identify all locations with similar risk issues
Vendor Governance with Supply Wisdom
Leverage continuous risk intelligence and monitoring of your suppliers to get more value from your relationships and to mitigate risks and disruptions.
Learn How Supply Wisdom will enhance your Vendor Governance function.
- Know the risk status of your third parties and Nth parties
- Know when the risk of your locations or third-party increases
- Access a single integrated view of all risks
- Standardize review and reporting for governance meetings
- Automate risk triggers and actions
- Continuously monitor risks and disruptions
- Streamline and standardize annual health checks
- Leverage continuous intelligence for vendor benchmarking
- Demonstrate good practices to boards, auditors, and regulators
- Always current portfolio risk status and cross vendor or location issues
Growing Business Solution with Supply Wisdom
Simple, scalable and easy to use supplier intelligence and risk management solutions tailored to serve your growing business needs.
Learn How Supply Wisdom can enhance your procurement to governance life cycle.
- Expedite RFx process with timely supplier intelligence
- Accelerate supplier due diligence
- Identify location and supplier risks across a wide risk aperture
- Leverage continuous intelligence to support supplier assessments
- Continuously monitor risks and disruptions
- Ensure supplier and supply-chain resilience
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