Automate Your
Vendor Risk Assessments
The right question to the right vendor at the right time.
It’s time to change the way you manage your third party risk by moving from spreadhseets to a truely revolutionary Vendor Risk Management solution.
Two Step Implementation Process
STEP ONE CATALOGUE EXISTING VENDORS
Do you have a good grasp on what vendors are in place? If so, let’s start with building a database with all the security protocols of vendors that have access to your sensitive data. We can either use your existing assessment or our consultants can develop a custom solution for your company.
STEP TWO EVALUATE FUTURE VENDORS
Now let’s start using the platform to evaluate risk profiles before parties gain access to your sensitive data. Instituting AVORD Vendor Risk Management as part of your standard operating procedure during the evaluation, contracting, and implementation holds all parties more accountable.
CREATE
Build proprietary assessments to meet your company policies. Manage and review your vendors from a single cloud-based platform.
DISTRIBUTE
Assign assessments to vendors, manage access, and simplify workflow. Track status without managing multiple spreadsheets.
ANALYZE
Compare vendor responses against other vendors and industry benchmarks. Quickly score vendors and evaluate overall risk.
TRACK
Track progress and manage communication, including remediation, throughout the process.
Plan and assess your strategy.
Do you have the proper vendor risk management process in place?
1
Question One
Can you tell which vendors have access to what data?
2
Question Two
Are vendors providing updates to make sure they maintain compliance?
3
Question Three
Can you benchmark against other vendors and industry best practices?
4
Question Four
Are you building reports for: BOD, management, and auditors?
Control The Questions
Use industry standard risk assessments or customise to meet your company policies. Manage and review your internal risks and external vendor risks from a single cloud-based platform.
Track Vendor Progress
Track progress and manage communication, including remediation, throughout the process.
Focus Your Priorities
Focus your efforts on questions where vendors have added comments. Prioritise your efforts where it matters and let our AI do the heavy lifting.
Compare Vendor Results
Compare vendor responses against other vendors and industry benchmarks. Quickly score vendors and evaluate overall risk.
Reporting Center
Utilize our Reporting Center to slice and dice the information as you need. We have developed easy to use templates to speed up the process.
Export Your Report
We provide you with the flexibility to View the report or export the data vis Excel or CSV
Platform API
If static reports are not good enough, use AVORD’s API to export the data into your existing systems
Winner of the Cybersecurity Excellence Award 2017 and 2018
