Vendor Management

USE CASE FOR AR SURVEILLANCE

Vendor Management

Assessing and Monitoring the Multi-Dimensional Risks Associated with Third and nTH-Party Vendors

 

THE CHALLENGE

What are the Challenges?

Manually evaluating the financial, operational, and reputational risks of a vendor portfolio is complex, time-consuming, and can be a persistent obstacle in managing timely vendor assessments.

THE SOLUTION

How does AR Surveillance™ solve those challenges?

AR Surveillance enables your organization to quickly and easily assess and monitor

the viability of third, fourth, and nth-party commercial vendors.


With a portfolio of trusted data sources, insightful performance metrics, and an intuitive

dashboard experience, AR Surveillance provides insights into key areas of a vendor’s

operations, including financial viability, cybersecurity hygiene, exposure to legal items,

sanctions status, industry outlook, and much more.


With 24x7 monitoring and automated alerts, subscribers stay informed on the material

events and score changes that often occur within a managed portfolio that can impact the

nature of the vendor relationship.

 

CORE SUBSCRIPTION SERVICES

Multi-Dimensional Third-Party Risk Intelligence


24/7 Vendor Monitoring


Email Alerts of Material Events


Easy-to-Understand Performance metrics


Diversity Indicators



Access to Consumer Complaints and Other Reputational Data


Dashboard Environment


Integrated API

THE BENEFITS

Streamline your third-party due diligence practices with a consistent, automated system for acquiring the most current risk intelligence


Stay Informed on the viability and potential threats related to your vendor portfolio


Quickly assess and monitor how cyber-related events affect a vendor’s overall risk profile


Receive daily actionable intelligence


Protect Your organization from bad actors via a daily OFAC status check


Enhance your enterprise risk strategy by integrating Third-Party Risk Intelligence into your GRC systems

Monitoring

  • Overall Vendor Viability

  • Financial and Business Health

  • Credit History

  • Timeliness of Trade Payments

  • 30, 90, 180 Day Trends

  • Cybersecurity Hygiene

  • Overall Cybersecurity Rating

  • 9 Domain Ratings

  • Legal Items

  • Lawsuits

  • Judgements

  • Bankruptcies

  • OSHA and EPA Violations

  • CFPB Consumer Complaints

  • Material News and Events

  • Sanctions Status Check

  • Vendor Diversity Indicators

  • ....and Much More

Technology

  • Scalable, SaaS Based System

  • Quick Deployment and Setup

  • Works Within Any Technology Environment

  • No Sensitive or Customer-Related Data Required

  • Network and System Security That Meet or Exceed Regulatory Requirements

  • Fully Documented API for Integrating Data and Scores Into Other GRC systems

Evaluation & Scoring

  • Acquires and Monitors Data Points Across Multiple Risk Domains

  • Propriety Algorithms Consume the Data Points and Produce Performance Metrics Related to Key Areas of a Vendor’s Operations

  • Performance Metrics are Color-Coded and Presented on a Numeric Scale

  • Each Monitored Company Is Automatically Assigned a Risk Classification

  • Scores and Other Information are Exportable to PDF, Excel and CSV Formats

Third-Party Risk Intelligence for Vendor Management

Services & Benefits Specific to: Vendor Management

  • AR Surveillance™ also delivers:
    • Relevant Company News
    • SIC Code and Industry Group
    • Street View of Vendor Facilities
    • Address Analysis
    • FinCEN Money Service Business Check
    • Access to BBB Profile
    • Geographic Concentration Reports