Privva Vendor Risk Management vs. D&B Risk Analytics

Enhance your vendor security assessments by automating the process with customized evaluations that mirror your organization’s policies. Take advantage of a centralized cloud-based system to efficiently manage and evaluate your vendors. Assign assessments directly to vendors, oversee access permissions, and streamline workflows for a more systematic approach. Avoid the complexities of managing multiple spreadsheets by consolidating status updates in a single location. Analyze vendor feedback in comparison to industry benchmarks and peers, enabling swift scoring and risk evaluations. Ensure continuous oversight and facilitate necessary communications, including remediation steps, throughout the entire evaluation cycle. It’s time to utilize the platform to assess risk profiles before permitting access to your sensitive data. By incorporating Privva into your routine processes during the evaluation, contracting, and implementation stages, you can foster heightened accountability among all parties involved, thereby bolstering your overall security posture. This methodical strategy not only identifies risks but also manages them proactively, ensuring a safer environment for your organization’s critical information. Ultimately, adopting such an approach will lead to improved vendor relationships and a more resilient security framework.

Around the world, teams focused on risk management, procurement, and compliance face increasing demands to navigate the challenges posed by geopolitical and business risks. The intricacies of both domestic and international operations, alongside a myriad of regulations, significantly influence third-party risks. Therefore, it is essential for organizations to take a proactive approach in managing their relationships with third parties. This innovative platform, leveraging the D&B Data Cloud's extensive database of over 520 million global business records and more than 2 billion updates each year, serves as an AI-driven tool that continually assesses and mitigates counterparty risk. D&B Risk Analytics incorporates top-tier risk data, providing alerts on high-risk transactions and identifying connections across a billion data points, all of which empower businesses to make well-informed choices. Additionally, the platform's intelligent workflows facilitate rapid and comprehensive screening processes, ensuring timely alerts on critical business metrics. As a result, companies can enhance their risk management strategies and improve their overall operational resilience.