Synergi Life
Manage third-party risks with Synergi Life
What is vendor risk management?
Vendor risk management is the process of identifying, assessing, and mitigating risks associated with third-party vendors and suppliers. It ensures that vendors meet compliance standards, align with organisational values, and do not pose threats to operations, data security, or regulatory obligations. Effective vendor risk management helps organisations build safer, more reliable partnerships while protecting their reputation and ensuring operational resilience.
The smart choice for vendor management and third-party risk management software
Managing risks from vendors and third parties is essential to keep your business safe, compliant, and aligned with sustainability goals. Synergi™ Life is a trusted software solution designed to help organisations identify, monitor, and reduce risks associated with vendors and suppliers.
Why choose Synergi Life for third-party risk management?
- Clear vendor risk insights: Use Synergi Life’s simple tools to assess risks and visualise their impact through a dynamic risk matrix.
- Streamlined vendor management: Centralise incident tracking and resolution for vendors in one powerful platform.
- Ensure compliance: Stay on top of regulations and standards with features tailored to third-party risk and vendor management.
- Powerful survey tools: Distribute targeted surveys based on vendor tier level or industry to gather specific feedback and performance data, ensuring compliance and continuous improvement.
- Seamless integration: Synergi Life works with your existing systems and grows alongside your organisation.
Key features of Synergi Life for HSE and risk managers:
- Vendor risk dashboards: Gain real-time visibility into third-party risks with intuitive dashboards.
- Time-saving automation: Automate workflows for approvals, audits, and issue resolutions to save time and reduce errors.
- Survey and feedback management: Use surveys to collect vendor performance data and feedback, ensuring better oversight and informed decision-making.
- Customisable risk scoring: Tailor risk assessment criteria to your organisation’s specific needs, ensuring accurate evaluation of vendor risks and alignment with your business priorities.
- Actionable vendor reports: Generate easy-to-understand reports to support vendor management decisions.
What are the key benefits of Synergi Life’s Third-Party Risk Management software?
Improved risk transparency: Understand vendor risks at a glance.
Stronger vendor relationships: Proactively address risks and ensure compliance for safer partnerships.
Cost savings: Avoid penalties, downtime, and vendor-related losses.
Support for ESG goals: Ensure your vendors align with your organisation’s sustainability and compliance values.
Take control of vendor risk today
Synergi Life gives you the tools to manage vendor risks and protect your business. With a proven track record in safety, compliance, and sustainability, it’s a solution designed to meet the needs of HSE and risk managers in large organisations. Start building stronger vendor relationships and a safer, more resilient operation today.
Contact the Synergi Life team to learn more.
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