Avetta announces its Supplier Analytics solution to help suppliers and prime contractors efficiently identify issues, navigate and execute compliance requirements, and enhance safety practices on the Avetta Platform.
“Organizations deploy too many tools, forms, and surveys across multiple risk domains when managing supplier compliance,” says Taylor Allis, chief product officer of Avetta. “This increases the cost of business for suppliers and can adversely impact risk and compliance rates. By providing safety, ESG, business, and cyber risk compliance in a single platform and empowering suppliers with analytics, we solve this growing problem. Since launch, this has been the fastest-adopted solution by our suppliers, helping them streamline compliance assessments and foster transparent collaboration with their clients and subcontractors.”
Key Takeaways:
- Supplier Analytics dashboards provide clear visibility into completion status, compliance and variances, enabling suppliers to anticipate upcoming deadlines, quickly identify issues and prioritize tasks.
- Featuring a user-friendly design, Supplier Analytics allows users to effortlessly achieve and maintain compliance all in one place while freeing up time to get to more pressing tasks sooner.
- For suppliers who manage subcontractors on the Avetta platform, additional dashboards are available to help manage the compliance of those subcontractors. For prime contractors, the solution provides an upstream view of client connections as well as a downstream view of subcontractor connections.