Intelligently Score
Risk of a vendor based on the type of service, access to confidential data, geography, financial viability and other attributes
Mitigate Risks
Through controls, and a process to remediate
Strategically manage
Though setting up one-off or ongoing assessments for each vendor based on criticality
Streamline and assess pre-contract risk analysis for new vendors
- Enable business users to initiate vendor requests via a simple configurable form that captured details of the vendor and the engagement.
- Deploy pre-built surveys sending and questionnaires to internal teams for input and evaluation.
- Segment vendors into different tiers based on risk and other attributes using configurable scoring models.
- Create workflows to seamlessly get multi department approval/disapproval of the vendor.
Conduct detailed vendor due diligence and determine appropriate vendor controls
- Automatically harvest information from questionnaire responses into a centralized vendor database.
- Aggregate all vendor documents, policies and information in Vendor360 and get a comprehensive view of the vendor.
- Set rules and schedules for ongoing assessments and deliverables, after a vendor is approved and active.
- Track follow-up items, deliverables, and obligations from your initial new vendor evaluation and onboarding.
Evaluate and assimilate new partners, vendors and third-parties with CENTRL’s Vendor360 onboarding process: It’s the better way. Read more about Vendor360, or contact sales about CENTRL’s vendor solutions.
Ready to get started?
Get a Demo