Know Your Vendor
Know Your Vendor™ solution helps our clients mitigate supply chain risks by providing a consolidated panorama for due diligence on third parties. Using the most recent technologies to monitor your supply chain, you can import your vendors and assign to each of them a questionnaire, which is a critical step for the due diligence. You can follow the progression of the due diligence in real time and access the report and scoring at a click of a button.
Managing compliance in your supply chain:
- Manual creation of vendors and sub-vendors
- Import database of vendors and sub-vendors
- Classification scheme and tag system
- Status of due diligence completion within the supply chain
- Communication Channel between our client and our team
- User-friendly dashboard with search functions and filtering
Onboarding your vendors:
Our client can decide whether a vendor should be subjected to a due diligence and to which level. Onboarding can be done either by our client’s compliance team or via an invitation to the vendor to fill a questionnaire.
- Customized compliance questionnaire
- To be filled either by your compliance team or by vendor
- Onboarding feature for vendor with compliance questionnaire
- Uploading of all corporate documents by vendor
Screening your vendors:
Our client may order due diligence based on built-in predefined packages.
- Tailored-made due diligence packages
- Order due diligence based on risk levels
- Follow-up discussion board on the screening process
- Overview of the screening status
- Access to due diligence reports