3rd Party Toolbox2018-12-04T17:47:17+00:00

3rd Party Toolbox

3rd Party Toolbox logo

RISK, PERFROMANCE and VALUE have typically been assessed in separate silos without the ability to correlate results in order to truly understand how our vendors are performing and whether they are helping us achieve our strategic objectives. Very often, the lack of a standardized framework results in conflicting subjective opinions rather than a documented fact-based assessment of contractual commitments and performance.

3rd Party Toolbox (3PT) transforms your 3rd party risk management program from a “Check-the-Box” Compliance requirement to an enterprise Value Strategy with an integrated 360 degree approach to managing and inter-relating Risk, Performance, and Value across your vendor inventory and within Categories.

3rd Party Toolbox (3PT) is the perfect enhancement for your current vendor management solution or can be used as a standalone solution. A customizable
cloud-based suite of risk and performance scorecards, 3PT modules can be licensed individually or as an integrated solution.

  • THINK your vendors are doing well?

  • Vendor Relationship Owners not quite sure and opinions change on a daily basis?

  • Senior management and the Board looking for answers based on facts?

Request a Demo

RISK

Inherent | Residual

Learn More

PERFORMANCE

SLA | KPI

Learn More
value icon

VALUE

Commitment | Flexibility
Innovation
Thought Leadership
Subject Matter Expertise

Learn More
category management icon

CATEGORY MANAGEMENT

Vendor Type | Service Type

Learn More

3rd Party Toolbox (3PT) Empowers You with the concrete 3 dimensional perspective required to fully understand the inter-relationship of the tangible and intangible metrics that define a vendor and whether you’re on track to meeting your strategic goals.

Are your vendors:

  • Mitigating Risk

  • Meeting contractual SLA’s

  • Satisfying Key Performance Indicators

  • Delivering Value as a true business partner

Stop guessing…Start assessing!

3rd Party Toolbox screenshot