Challenges
- Buyer has multiple 3rd party verifiers, and all are on different platforms
- The access is restricted. Every time information is required it takes too long
- Information accessibility is reduced
How TYS Helps
- Category Manager and Buyer can easily access the financial health and environmental sustainability rating of a supplier
- Access to multiple risk data sets helps users easily access supplier risk data across various dimensions of risk
- Category Managers have full autonomy to verify their supplier information and aren’t dependent on other stakeholders
- Buyer can view freemium or licensed content from many 3rd parties covering various risk categories including financial, sustainability, supply chain, etc. directly on the supplier profile
- TYS integrations with RapidRatings, Resilinc, Ecovadis, Visko, KYC Site Scan, and D&B provide comprehensive coverage of different risk areas
Outcomes
- An established process to supplier discovery
- Relationship history (timestamps and action taken)
- Supplier prospection in a secure and trusted environment/network
- Information consolidated in one single platform
- Reduction of time
- TYS integrations with RapidRatings, Resilinc, Ecovadis, Visko, KYC Site Scan, and D&B provide comprehensive coverage of different risk areas
Roadmap Horizon
- Autonomy
INTEGRATED AUTHORITATIVE RATINGS
STREAMLINED VALIDATION
REDUCED RISK AND ATTRACTED COST