Supplier Risks

The Challenge

 

Working with a third party has a lot of risks. Miscommunication errors, unreliable service delivery, a poor reputation and failure to comply are just a few of the major supplier risks an organization is looking at when using a third party to supply its goods or services.

The Solution

 

SupplierWatch, our supplier assessment solution, is primarily used as a risk management software for assessing and managing risk and compliance. It can help you address and improve in each necessary area without adding additional staff or resources. SupplierWatch can assist you in keeping track of all of your third parties, making sure they get the job done reliably and as promised. Overall, minimizing your supplier risk.

SecureWatch integrates Enterprise Security, Risk and Compliance so we can assess and communicate as one.

Security Operations, Corporate Security,
AVANGRID

Key Benefits

A single view of risk across your entire 3rd party landscape with individual risk scores for each supplier.

Actively monitor trends to anticipate and address potential issues and proactively prepare contingency plans.

Understanding the risks and their potential impact and communicating them to the decision makers.

Additional Benefits

Dashboards and automated reports for executive management and board-level oversight.

Helping map needs against available resources.

Ensure your partners are compliant with state and federal regulations, relevant industry standards, guidelines and best practices.

Centralized repository for contracts, agreements, certifications, audit results, etc.

Product Overview

A Supplier Security Risk Assessment Platform

 

SupplierWatch is a security risk assessment and management platform that can be utilized to reduce exposure to liability, manage third-party risk, monitor and manage your supply chain, ensure high business continuity, and track continuous improvement. Use it to identify, eliminate, and prevent problems in your suppliers processes, management, or products.

An Information Security Risk Management Platform

 

CyberWatch is a modern assessment solution that can be utilized by various industries for cyber security and compliance risk assessments. The software enables you to reduce exposure to liability, manage risk, monitor and maintain cyber security, and track continuous improvement.

An Intelligent Physical Security Risk Assessment Platform

 

SecureWatch is a state of the art security and risk assessment platform that can be utilized for facility compliance and security risk assessments. Reduce exposure to liability, manage risk, monitor and maintain security, and track continuous improvement.

A Compliance Assessment and Management Platform

 

ComplianceWatch is a compliance audit and management platform that can be utilized by various industries for measuring compliance to any regulation, standard, or policy. Reduce exposure to liability, maintain public credibility, ensure adherence to best practices, track policy compliance, and track continuous improvement.

A Vendor Security Risk Assessment Platform

 

VendorWatch is a security risk assessment and management platform that can be utilized for identifying security gaps and risks with vendors and addressing them. Reduce exposure to liability, manage third-party risk, and monitor and rank vendors. Keep track of a vendor’s compliance efforts to ensure expectations are being met. Archive contracts, manage compliance evaluations, manage contract reviews, and rate vendors objectively.

Reduce exposure to liability. Manage risk. Monitor and maintain security.

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