Know every vendor by what it does, not what it says.
Third-party risk management that onboards, connects to your ERP and monitors every vendor, every day.
Vendors change every day. Most reviews happen once a year.
A snapshot, not a view
An annual questionnaire is out of date the day it is filed.
Security only
Tools track certificates and logins, but not bank-detail changes, duplicate invoices or payments to blocked vendors.
Manual chasing
Spreadsheets, email follow-ups and evidence nobody verifies.
The risk lives in the transactions. That is where CompliBear looks.
02The shift
| Traditional TPRM | CompliBear TPRM | |
|---|---|---|
| Vendor inventory | A spreadsheet, updated at renewal | Read live from the ERP vendor master |
| Due diligence | The same long survey for every vendor | Tiered checks, where the data answers first |
| Evidence | What the vendor says | What the vendor does in your ERP |
| Monitoring | Once a year | Every day |
| Risk score | A number with no reason | A score that explains every change |
| Offboarding | An email checklist | Closes itself from access, payment and data records |
03The vendor lifecycle
- 01Discover
Every vendor in ERP, spend and access data
- 02Onboard
Identity, bank account, tax status, conflicts of interest
- 03Connect
Read-only to SAP, Oracle, Dynamics, procurement tools
- 04Monitor
20+ controls and external signals, every day
- 05Remediate
Findings to owners; closed only on verified evidence
- 06Offboard
Access revoked, final payment settled, bank details blocked
A control library built on the money
- Vendor master: bank details changed then paid; duplicate vendors; dormant vendors reactivated
- Purchase to pay: duplicate invoices; invoices without a PO or receipt; orders split under approval limits
- Compliance: MSME invoices past 45 days; GST or VAT mismatches; expired SOC 2, ISO or insurance
- Access: one user who creates and pays a vendor; privileged vendor accounts
- Concentration: spend dependent on one vendor; single subcontractors; shared fourth parties
- External signals: registry and tax status; sanctions and adverse news; published breach reports
05Proof
142 vendors re-tiered and USD 950K of duplicate invoices found in a 24-month look-back at a hospital chain.
Start with a 24-month vendor look-back
We run the full control library over two years of your vendor data. You see real findings in six weeks, before you commit to the platform.
No obligation. Read-only access to your data. You keep every finding.
07FAQ
Do vendors have to fill in long questionnaires?
Fewer, and shorter. Your data answers first; vendors fill only the gaps.
Does it replace our security-rating tool?
It complements it. Security ratings watch a vendor’s perimeter. CompliBear watches what the vendor does in your ERP: bank details, invoices, payments and access.
Which systems does it connect to?
Read-only to SAP, Oracle, Microsoft Dynamics and procurement tools. See Integrations.
Can you run it for us?
Yes. With managed TPRM, our analysts triage alerts, chase evidence and report to your risk committee every month.
What would two years of vendor data tell you?
Real findings in six weeks, before you commit to the platform.