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Description
Adhere to your internal guidelines and procedures while striving to reduce both regulatory and reputational risks, allowing for a more rapid engagement with clients. Clearly establish the objective of your verification process, applicable to every new client or vendor. Pinpoint the organization or individual you wish to evaluate. Access compliance-related resources, including sanction databases, news outlets, and Politically Exposed Persons (PEP) lists. Document your observations, such as categorization and reminders for ongoing monitoring. Each assessment is recorded and fully accountable to the staff involved in the operation. These evaluations can subsequently be revisited regularly to enhance and streamline the department's workflows. Conduct thorough data searches and incorporate your own insights into the system. Ensure that you maintain a documented, date-stamped record of each search to fulfill compliance requirements. By gaining a deeper understanding of your clientele, you can make quicker and more compliant decisions. Regularly reviewing the gathered data can further strengthen your compliance efforts and operational efficiency.
Description
Utilizing a cutting-edge technology platform, GRMS delivers a risk assessment service that offers tailored Supplier Risk Assessment Programs. This enables businesses to take a proactive stance in managing and consistently monitoring their suppliers. Unlike data-only providers such as D&B and Thomson Reuters that merely supply raw information, GRMS distinguishes itself through comprehensive services including data validation, thorough document reviews, and a supportive framework that aids suppliers in meeting the specific risk assessment criteria set by clients. Operating in over 120 countries, GRMS' Supplier Risk Assessment Programs can be provided through a SaaS model or can be effortlessly integrated with top Supplier Management Platforms. Their risk assessment offerings encompass a wide range of areas, such as Financial Stability, Cyber Security, Digital Insurance Verification, Document Verification, Reputational Protection, Social Responsibility, Regulatory Compliance, and Health and Safety. Furthermore, GRMS’s approach ensures that organizations not only assess risk but also foster a culture of compliance within their supply chains.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Dun & Bradstreet
Founded
1841
Country
United States
Website
www.dnb.com/en-gb/products-and-services/db-onboard/
Vendor Details
Company Name
GRMS | Global Risk Management Solutions
Founded
2010
Country
United States
Website
www.GlobalRMS.com