Supplier Financial Risk Management
Avetta makes monitoring the financial health of your vendors simple and easy.
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Financial Risk Mitigation
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Through Avetta’s Financial Risk offering, each supplier will receive specific ratings and key metrics unique to their business financials. Clients can review these ratings at both an individual and group level and build appropriate compliance rules to proactively manage risk. Currently available in the US only.
Have confidence your partners are capable of fulfilling all their service and contract obligations
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Suppliers are given a Financial Stability Risk Score (1-100) that indicates their likelihood of defaulting on financial obligations or going bankrupt.
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Suppliers also receive an Intelliscore Plus rating that identifies the suppliers who may be slow to pay but are likely to follow through on their financial commitments.
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Any liens, judgments, or bankruptcies from the supplier are also displayed on the Connect dashboard.
Is there hidden risk in your supply chain?
Risk management | White Paper