Lack of focus on sustainability initiatives pose a number of risks and costs.
Reliable and trustworthy vendor risk report. An AI-Driven Human-Led solution backed by the leading credit bureau in the world.
An intelligent automation and cost-effective risk assessment solution for any sized organization.
Increase Efficiency and Effectiveness in governing your large Managed Service relationships through SMART relationship management.
Enterprises increasingly depend on Third-Party Vendors to meet digital age challenges of technological innovation and heightened competition leading to increased risk.
Now more than ever, organizations face additional challenges in the form of increased focus on Sustainability,
Diversity & Inclusion requiring organizations to re-balance their vendor portfolio.
Mitigating vendor risks requires more than just traditional risk assessments. It requires a new ‘mind-set’ and ‘technology-set’ change.
One that monitors the risk and reward of using vendors with increased societal benefits.
That’s why we are introducing the OPEN3PRX™.
Mitigating third-party risks requires more than just traditional risk assessments. It requires a new ‘mind-set’ and ‘technology-set’ change.
OPEN3PRX™ can help organizations make smarter business decisions by gaining a deeper insight of your third-parties.
From providing SMART Risk Intelligence to helping third-parties improve their risk posture, promoting Sustainable Development Goals (SDG), we have it all covered.
OPEN3PRX™ Sustainability solution proudly adopts the Ten Principles of the United Nations Global Compact (UNGC).
The UNGC is the world’s largest corporate sustainability initiative – it is a call to companies to align strategies and operations with universal principles on human rights, labour, environment and anti-corruption, and to take actions that advance societal goals.
Small and medium businesses have been largely overlooked by climate change policy, and this sector has the greatest opportunity. Lack of focus on sustainability initiatives pose a number of risks and costs for business including putting the company’s social license to operate at risk, reputational damage, consumer boycotts, exposure to legal liability, adverse actions by government, investors and business partners.
Our approach offers encouragement and motivation for companies to take the FIRST-STEP towards adopting Sustainable Development Goals (SDG) and move towards defining Science Based Targets to GHG Emission reduction for Scope 1, Scope 2 and from upstream and downstream activities in the value chain (Scope 3) adopting the GHG Protocol standards.
OPEN3PRX™ provides the most reliable Vendor Security Ratings and our assessment framework is based on international standards.
20+ categories, 80+ services, 20+ countries
Companies looking to add third parties with strong risk posture and supports sustainable development
Gain access to validated assessments, access risk maturity levels & ratings data of your third parties.
Be THE company that your customers will TRUST and will want to partner
Join the community of risk practitioner’s,assessors,appraisers and contribute to a safe and secure world.
Gain access to validated assessments, access risk maturity levels & ratings data of your third parties.
Learn MoreJoin the community of risk practitioner’s,assessors,appraisers and contribute to a safe and secure world.
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“IDC believes that ENGAIZ with its AI-Driven “Integrated Third-Party Engagement Platform”, will be able to address many of the third-party governance, relationship and risk management challenges highlighted in this paper, giving it a significant opportunity to help organizations drive excellence and innovation with their strategic relationships.”
"If your company is in the market for proven risk identification tools, actionable due diligence and risk ratings, or an AI enabled tool that help you manage contracts, costs, performance and drive innovation, ENGAIZ is the platform for you."
Linda Tuck Chapman
CEO - Third Party Risk Institute Ltd.
"We truly are impressed with ENGAIZ's unique value proposition for organizations looking to manage, govern and mitigate third-party risks."
Dawn Tiura
President and CEO - Sourcing Industry Group (SIG)
“Digitally transforming organizations are increasingly dependent on third parties of varying sizes. A shift from pure ‘Cost’ focus to a cost plus ‘Shared Risk’ & ‘Value’ focus when engaging with strategic third-party vendors seem to be imminent. ”
Jai Chinnakonda
Founder, ENGAIZ
Cut short the 4-6 weeks it takes for vendor risk assessments. Save effort and cost.
Peace of mind knowing that ‘blind spots’ are monitored 24×7.
SMART Risk Insights promotes ‘proactive’ risk avoidance measures and better decision making.
Proactively sharing risk assessments improves your chance of getting short-listed in any competitive RFP process
Attract customers proving you are secure in addition to your strong capabilities.
Ensuring that your organization has strong mitigating controls will only increase your chances of closing deals faster and becoming a ‘Preferred Vendor Partner’.
Provide fully managed TPRM or Sustainability services for your enterprise clients leveraging our technical solution
Gain access to third-parties that are looking to improve their risk posture and promote sustainability
Generate additional revenue stream and gain access to potential opportunities
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