Risk Module
Proactive supplier risk management with automated scoring and escalation workflows.
Executive Summary
The Gatekeeper Risk Module is a core component of the Gatekeeper platform, designed to provide comprehensive management of supplier and third-party risk. It enables organizations to maintain accurate risk profiles for all their third-parties, offering a structured approach to identifying, tracking, and visualizing potential risks. The module calculates dynamic risk scores based on various factors, which then automatically trigger escalation workflows for timely mitigation. This proactive approach helps businesses establish an open and dependable risk strategy, ensuring compliance and reducing exposure to potential disruptions or financial losses associated with their vendor ecosystem.
Use Cases
- Assessing and monitoring third-party vendor risk profiles.
- Automating risk score calculation based on defined criteria.
- Triggering escalation workflows for identified high-risk scenarios.
- Creating and managing a centralized risk register for all suppliers.
- Developing and implementing risk mitigation strategies.
Features
Visibility
- Risk Register: Create, track, and visualize risks, organized by type, category, or owner.
- Dedicated Dashboards: Monitor forecast vs actual and gain insights into vendor and contract activities.
Intelligence
- Automated Risk Scoring: Calculates risk scores based on probability and impact for data-driven mitigation.
- AI Document Processing: AI reads PDFs to understand vendor relationships and check risk profiles.
Technical Specifications
- Architecture
- The Vault serves as a central hub for storing contract, vendor, and risk data.
- Deployment
- SaaS
Integrations
- NetSuite
- HubSpot
- Salesforce
Pricing
- Model
- Monthly Pricing (paid annually)
- Starting Price
- FROM $455/month
- Target Customer
- Mid-Market,Enterprise
- Contract Type
- Annual
- Free Trial
- Yes, 1 week
About Gatekeeper (Contract & Vendor Management) Ltd
Gatekeeper offers a cloud-based Vendor and Contract Lifecycle Management (VCLM) platform that centralizes third-party supplier data, automates contract renewals, and streamlines governance workflows. The platform leverages AI for data extraction and provides modules for spend, risk, and compliance, supporting procurement, legal, finance, and IT teams with comprehensive visibility and control.