A Financial Services provider was conducting hundreds of assessments a year via manual surveys, email requests and Excel spreadsheets. They felt concerned because they were only able to assess a small amount of their suppliers using a highly manual process. The challenge of getting surveys completed properly and on-time was a constant challenge. Through a manual process if a supplier or partner was considered a risk, the work involved was very time-consuming. The company wanted to automate the full life cycle management from data gathering, notifications, risk scoring, security analysis right through to SLA’S etc. They required a solution that could consolidate their business information in one single view helping them determine which suppliers were a potential risk and why. They needed to measure and complete due diligence on their supplier ecosystem.