Beyond the supplier score
Start with what the organization depends on
The same supplier can create very different exposure for two business relationships. A vendor supporting an important service or handling sensitive data requires more context than a single company-wide rating can provide.
The platform keeps the supplier, internal owner, affected services, assessments, findings, controls and remediation related. That relationship detail makes supplier risk management useful to both the central risk team and the people who depend on the service.
- Supplier and relationship owner
- Services and processes supported
- Assessment and evidence
- Internal and supplier actions
A relationship journey
Move from questionnaire to decision
Use the assessment as evidence for a business decision, not as an isolated scorecard.
A relationship journey
Understand
Record the service, data, location, concentration and substitution context that makes the relationship important.
A relationship journey
Assess
Keep findings and evidence linked to the supplier relationship and the controls being evaluated.
A relationship journey
Respond
Separate actions owned by the supplier from treatment owned inside the organization.
A relationship journey
Escalate
Show when delayed remediation, concentration or a service dependency requires enterprise attention.
One supplier, several risks
Make concentration and shared dependency visible
When one supplier supports several important services, a questionnaire status alone does not explain the enterprise consequence. Related records allow reporting to show the services, risks, controls and overdue work attached to that dependency.
Vendor risk management software may use different terminology, but the decision remains the same: what depends on this relationship, what could happen and who is responsible for the response?
- Third-party and vendor risk views
- Relationships retained separately
- Enterprise exposure from shared dependencies
- Per-active-item pricing without a user fee
Questions answered
Frequently asked questions
Can one supplier support several business relationships?
Yes. Relationship context can be retained so the same supplier can be considered against the services, owners and risks relevant to each use.
Can we track supplier and internal remediation separately?
Yes. Issues and actions can retain different owners, due dates and evidence while remaining connected to the same assessment and risk rationale.
Is supplier risk management charged as a separate module?
No. All Parapet capabilities are available from day one. SaaS pricing follows active items rather than separate modules or users.