Manage Supplier Risk
The SupplierTracker system helps identify and manage risk for the third parties that an organization relies on, connects to, and shares data with.
Suppliers become an integral part of an organization's operations and service delivery, such that unexpected disruptions and changes can have significant business consequences.
Furthermore, many large and high profile cyber-breaches have come through suppliers who had access to critical systems and presented a softer target for attackers.
Risk managers can easily generate and send vendor risk surveys, leveraging content and templates from Tracker Networks. Vendor responses are collected automatically, generating risk scores for each vendor organization and identifying areas for improvement.
Scheduled updates and email reports save time for risk managers and help lower risk through continuous oversight and improved risk transparency.