Supplier and third-party risk monitoring
Track supplier performance and material external changes between formal reviews, with evidence tied to the relationship and its exposure.
1.
Map the exposure
Connect each supplier to its contracts, critical services, accountable owner, and review criteria.
4.
Start the review
Brief the owner, request additional evidence, and track the resulting review or mitigation action.
2.
Monitor the changes
Track service incidents and approved external sources for developments relevant to that supplier.
3.
Verify the finding
Check the source, assess relevance, and compare the event with contractual and risk thresholds.
Evidence in, action out.
The operating problem
Vendor reviews are periodic while financial, operational, security, and regulatory conditions change continuously.
How the workflow runs
Combine supplier performance with verified external changes, assess materiality, and brief the accountable owner when review is needed.
Evidence and inputs
Vendor master data, contracts, service levels, incidents, assessments, financial and public sources, and risk policy.
Actions and handoffs
Refresh risk context, verify events, request evidence, open reviews, notify owners, and prepare committee briefings.
Operating outcome
Earlier visibility into material supplier change without flooding teams with undifferentiated alerts.
Controls for production
Approved-source policy, materiality thresholds, reviewer sign-off, conflict handling, and documented rationale.
Keep supplier reviews connected to current events
Saber keeps the evidence around each supplier current and routes material changes to the people responsible for the relationship.
Forge
Connects vendor records, contracts, criteria, and ownership.
Heimdall
Monitors supplier events, performance, and approved public sources.
Mimir
Adds verified company evidence to supplier review cases.
One intelligence layer from plan to delivery
16x
Faster time-to-insight
5
Fewer tools needed
80%
Avg. cost reduction
8 hrs
Saved per team per week
Bring monitoring into supplier management
Connect procurement, vendor records, and risk workflows so verified developments feed existing reviews and accountable follow-up.
Turn AI potential into real business outcomes
Resources
Certified
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