Third-Party Risk Management
Total Visibility, Total Control.
From onboarding to renewal, Focal Point’s AI-enhanced risk monitoring to gives you the tools to track risk, flag issues early, and maintain full audibility across your supplier base.
How Teams are Benefiting
Spot risks early.
Spot 3rd (and even 4th) party risk before they become disruptions with AI-powered monitoring and alerts tied directly to supplier profiles.
Everything in-context.
Centralize compliance data, financials, ESG metrics, and more, so every decision is informed by your data and made in-context, not reactively.
Collaborate strategically.
Track performance over time, automate reviews, and collaborate with suppliers to drive long-term value within your vendor relationships.
“Focal Point has significantly enhanced our procurement department’s efficiency by reducing cycle times and establishing a single source of truth for indirect procurement. This tool has streamlined communications and improved our decision-making processes, thereby contributing to a more effective procurement strategy.”
Derek Schmidt
Manager, Corporate Procurement & Travel
How it Works
Automated Risk Monitoring
Eliminate crisis before it happens.
Focal Point connects to trusted data sources like D&B, RiskRecon, and DitchCarbon to continuously monitor supplier risk. Get alerts when thresholds are triggered and take action before risk turns into disruption.
Risk Assessment Surveys
Standardize how you assess (and scale it.)
Easily send configurable risk surveys to suppliers to capture key info around compliance, cybersecurity, ESG, and more. Responses auto-sync to supplier profiles, so your team gets a complete view without chasing PDFs or emails.
Integrate Third-Party Risk Data
Bring external signals into every decision.
Focal Point connects directly with trusted risk intelligence providers like D&B, RiskRecon, and DitchCarbon, enriching supplier profiles with real-time insights on financial health, cybersecurity, ESG, and more.
Real-Time Risk Dashboards
Your entire risk landscape, at a glance.
Track third-party risk across every category, supplier, and initiative with a real-time dashboard built for action. Drill down into internal and external data, monitor changes over time, and prioritize where to focus, all from one centralized view.