Vendor & Supplier risk management, an incessant due diligence process implemented before and after the purchasing from or outsourcing to 3rd party suppliers, is the key process to lessening risk of poor data security and cyber-security failures. It is also about the regulatory violations, and business interruption or disruption from supplier failure or significant supply chain delivery delays.
It is important because of poorly performing or disreputable vendors, who will impact your business operations, and may cause issues related to data and information security, financial results, or business reputation. Here, it is your responsibility of ensuring that the vendors meet regulatory requirements.
Cybertryzub is well-aware of the increasing importance of implanting Vendor & supplier risk management. We have a pool of dedicated professionals, working step-by-step to provide you with the right solutions. We help you establishing a company policy for vendor risk management. In addition, we pave smoothen ways for you to get vendor recommendations from customers and obtain credit report information and vendor financial statements.
We provide you with a better options through tool and software to use a vendor risk management and control matrix to evaluate vendors, access to SLA, and onboard suppliers’ upfront upon selection. We work in a planned way through software to automate vendor risk management tasks in successful way and always in timely manner. We do this to help you perform ongoing due diligence on vendors and suppliers to reduce business risk, operation risk, regulatory compliance risk and fraud.
Our team of dedicated professionals evaluates everything and ensures you will get success in right way. Feel free to contact us as per your requirement, go through the details and get complete solutions for vendor & supplier risk management.