vendor-risk-management-hero-image
title-ticks

Stay protected from third party risks

title-seperator

With the increasing complexity, scale and scope of vendor relationships, organisations need to have efficient vendor management mechanisms.

Claptek’s Vendor Risk Management solution brings all of your vendor information together into one system that automates and streamlines oversight of vendor relationships.

Vendor Risk Management (VRM) is a comprehensive plan for identifying and decreasing potential business uncertainties and legal liabilities regarding vendors products and services.

Challenges

Claptek’s Vendor Risk Management equips your organisation to combat third-party risks in a rapidly changing business environment while saving you time and money.

title-seperator
vendor-acquisition

Improves your organisation’s vendor acquisition strategy by helping you assess the viability of new business partners and mitigating vendor risks.

best-practices

Helps your organisation meet the governance and regulatory requirements on a consistent basis avoiding fines or penalties associated with it.

good-relationship

Mitigating vendor risks helps your organisation cultivate efficient, productive working relationships with your vendors and build strategic partnerships.

Claptek’s Vendor Risk Management – Key Capabilities

title-seperator
secured-document

Document and maintain information of vendors through secured access.

auto-workflow

Automate screening and onboarding workflows for different types of vendors.

monitoring

Continuous monitoring to validate information on vendors and gain valuable insights.

periodic-risk-check

Periodically assess the level of risk associated with each vendor, contract, and service.

vendor-status

Identify, measure, and monitor the compliance status of vendors in a structured manner.

analytics

Combines powerful analytics with comprehensive reports for better decision making.

We have solutions for organisations of all sizes

title-seperator
small-business

Pure play solutions for small businesses

msme

Compliance-oriented solutions for mid-sized businesses

large-organisation

Integrated risk management solutions for enterprises

Latest blog posts

Insights, trends, challenges, opportunities and talking points from Claptek thought leaders for risk and compliance professionals to do their jobs easier, faster, and more effectively.

title-seperator

See how our Vendor Risk Management solution
can work for you.