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Risk Assessment

Identify risks and comply with due diligence obligations

Business partners are good partners as long as you work together smoothly. In this context, attention should not only be paid to purchasing conditions, product selection and quality. Decisive facts and key figures about the business partner form the basis for successful and sustainable cooperation and, not least, for compliance with legal requirements. 

Stand out. Integrate your suppliers more closely. With improved transparency and electronic controlling tools, you can prevent selection and provisioning risks and significantly reduce your company’s supplier risk.

The Risk Assessment solution includes all data from operational and strategic purchasing.

Your benefits

  • Fast-track questionnaires are completed by suppliers in less than ten minutes
  • Risk-relevant key figures such as recent financial data, soft facts or forecasts are defined in advance
  • Verification of entries for classification of risk factors for plausibility  
  • Reminders and escalations are carried out automatically
  • Monitoring of financial risks among your suppliers
  • Extensive evaluations in the form of reports, charts and benchmarks
  • Automatic early warning system for financial risks associated with your suppliers
  • Full transparency
  • Clear reports with indications of anomalies for risk analysis purposes