Automated continuous risk monitoring of key suppliers for adverse events such as financial, geopolitical, regulatory findings, data breaches; automated risk scorecards
Track & report SLAs & KPIs, track meetings & action items, roles & responsibilities, track and resolve issues and escalations
Manage vendor contracts, amendments and track key dates, contract data. Extract and monitor contractual obligations and automate review process.
Review vendor evidence and collaborate with vendors. Track risks and assign to vendors for mitigation. Automated reminders and calculated scores.
Automate onboarding activites and checklists, supplier document collection and management; sanctions screening, self-service vendor portal and track vendor details. Knowledge base for risk officers and vendor managers.
Set risk controls based on service category and inherent function risk. Design and/or distribute out-of-box risk assessments.
*The metrics listed are indicative.
The specific ROI for your enterprise depends on your solution landscape and which specific modules of Enlighta Spice are leveraged by your teams.