The D&B Connector seamlessly incorporates objective financial health assessments into ProcessUnity’s vendor risk platform for enhanced vendor due diligence. “Our collective partnership ensures clients have access to the global financial risk data needed to make more informed decisions not only during initial vendor onboarding but also throughout the lifecycle of the relationship, said
ProcessUnity’s D&B Connector delivers multiple financial risk metrics, including Dun & Bradstreet’s Supplier Stability Index, Supplier Evaluation Risk (SER) Rating, Financial Stress Score, Viability Rating, Standard Rating and more. These serve as indicators of financial condition and the implied risks associated with doing business with a specific organization. If a score drops, third-party risk managers are notified to ensure organizations are able to respond to adverse changes in their vendors’ financial health.
“ProcessUnity’s connector to
ProcessUnity Vendor Risk Management is a software-as-a-service (SaaS) application that helps companies identify and remediate risks posed by third-party service providers. Combining a powerful vendor services catalog with risk process automation and dynamic reporting, ProcessUnity VRM streamlines third-party risk activities while capturing key supporting documentation that ensures compliance and fulfills regulatory requirements. ProcessUnity VRM provides powerful capabilities that automate tedious tasks and free up risk managers to focus on higher-value mitigation strategies.
Download the D&B Connector datasheet to learn how ProcessUnity and
About ProcessUnity
ProcessUnity is a leading provider of cloud-based applications for risk and compliance management. The company’s software as a service (SaaS) platform gives organizations the control to assess, measure, and mitigate risk and to ensure the optimal performance of key business processes. ProcessUnity’s flagship solution, ProcessUnity Vendor Risk Management, protects companies and their brands by reducing risks from third-party vendors and suppliers. ProcessUnity helps customers effectively and efficiently assess and monitor both new and existing vendors – from initial due diligence and onboarding through termination. ProcessUnity is used by the world’s leading financial service firms and commercial enterprises. The company is headquartered outside
About
ProcessUnity Contact:
978.513.8436
rosalind.morville@processunity.com
Source:
2020 GlobeNewswire, Inc., source