Vendor Diligence
and Management

Are your vendors protecting your assets? ACA Aponix® can help you find out.

HELPING COMPANIES OF ALL SIZES UNDERSTAND AND MANAGE THEIR
THIRD-PARTY VENDOR RISKS

 

All companies have third-party vendors, and assessing those vendors’ cybersecurity, IT, and operational risks is critical to your company’s overall risk profile and mitigation efforts. However, assessing those risks can involve manual, time-consuming, and inefficient processes. We offer vendor diligence and management services that are designed to help companies of all sizes allocate limited resources while reducing the burden, risks, and costs associated with the management of the vendor lifecycle.

STREAMLINING VENDOR MANAGEMENT FOR

340+ CLIENTS

850+ VENDORS
DILIGENCED

HELPING COMPANIES OF ALL SIZES

OPTIMIZE RESOURCES

ACCELERATE VENDOR
ONBOARDING

IDENTIFY VENDOR RISKS

IMPROVE COMMUNICATION
WITH VENDORS

CENTRALIZE
VENDOR DATA

RESOLVE VENDOR
SECURITY ISSUES

OUR VENDOR MANAGEMENT OFFICE SERVICES INCLUDE

VENDOR RISK ASSESSMENTS

We will conduct periodic, tailored vendor reviews on your company’s behalf and deliver a report on our findings and recommendations. We leverage a database of global questions from the diligence performed on over 650 vendors across our client base, as well as our relationships with these vendors, in order to simplify and streamline the diligence process for your company and its vendors.

RFP VENDOR REVIEWS

We can assist your firm with its RFP process, including distributing RFPs and comparing vendor responses.

VENDOR MANAGEMENT PLATFORM

ACA Aponix’s vendor management platform is a secure, centralized system for managing the vendor due diligence process. See the next section for more information. 

CONTRACT REVIEWS

We will review and provide recommendations for cybersecurity provisions as part of the pre-contracting and contract renewal process.

VENDOR MANAGEMENT PLATFORM

 

ACA Aponix’s vendor management platform is a secure, centralized system for managing the vendor due diligence process, from initiating vendor due diligence questionnaires (“DDQs”) to tracking mitigation and remediation activities through closure. Supported by ACA Technology Solutions, ACA Aponix’s vendor management platform is designed to help reduce the burden, risks, and costs associated with the management of the vendor life cycle.

 

FEATURES

VENDOR RISK DASHBOARD

  • See comparisons across vendors, including year-over-year trends and risk severities per vendor
  • View all risks identified during vendor due diligence in one location, including vendor ratings, issues, descriptions, and vendor comments
  • View key metrics such as vendors diligenced, progress of diligence reviews, and vendor risk scores

 

VENDOR REGISTRY

  • View all vendor data in one location (product lines, type of diligence performed, contracts, non-disclosure agreements, etc.
  • Drag-and-drop files and initiate vendor DDQ requests to ACA’s VMOS team

 

VENDOR RISK MATRIX

  • View all risks identified during vendor due diligence in one location, including vendor ratings, issues, descriptions, and vendor comments
  • See all vendor communication and mitigation/remediation activities
  • Customize vendor comments as needed

 

QUESTIONNAIRE STATUS

  • Track the completion status of vendor DDQs and on-site reports
  • Access key information such as total questions, percentage completed, contacts, and last reminder

 

WHITE GLOVE SUPPORT

ACA’s VMOS team will assist with:

  • Uploading vendor data
  • Prioritizing vendor relationships
  • Coordinating the completion of vendor DDQs

 

BENEFITS

  • Simplifies the management of the vendor lifecycle.
  • Provides at-a-glance insight into baseline comparisons 
  • Centralizes vendor data, allowing you to manage vendor information holistically and initiate due diligence questionnaires with one click.
  • Logs all communications between your company, vendors, and ACA Aponix
  • Includes “white glove” support from ACA’s dedicated vendor management office services (VMOS) team, including assistance in prioritizing vendor relationships and uploading the data necessary to conduct diligence
  • Tracks important dates and comments regarding identified issues and mitigation and/or remediation activities through closure
  •  Quickly review the status of vendor DDQs

Want to learn more about our products and services?

 

Contact Us