Supplierforce Risk Management enables the segmentation, auditing and complete Risk & Issue Management of any number of suppliers. Critical to optimising supply base performance, the module also incorporates industry intelligence from any number of external sources (e.g. D&B, Factiva, Thomson Reuters) to enable a truly unique, dynamic view of supply base activity and key risk data.

Key to the effect of the Risk Management module is the ability, within the single Supplierforce solution, to act on specific risks that are identified. From market intelligence to sourcing, contract, performance and relationship management, the complete Supply Management lifecycle is addressed. Supplierforce applies a leading methodology to the process of Risk Management, enabled by the hosted solution. This follows four key processes: 

                        PLAN - MANAGE - MONITOR - ASSESS

Key benefits of this module include:

• Reduced supply base risk through complete intelligence and transparency
• Reduced costs and increased speed of auditing suppliers
• Instant analysis and transparency of supplier and internal procurement compliance to performance standards
• Complete control of QA, CSR, ISO, Sarbanes Oxley, environmental and all other areas of Risk Management

For more information on Supplierforce Risk Management or to schedule a live demo, please e-mail info@supplierforce.com