Gain 360° Visibility into Every Vendor

Don’t let valuable vendor insights leak through information silos. Centralize and manage all internal and external vendor information in a secure, accessible vendor portal.

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Create a Single Source of Truth for All Vendor Information

Unify internal and external data, streamline collaboration, and gain the actionable insights you need to optimize performance, manage risk, and ensure compliance for every vendor in your ecosystem.

Build comprehensive Vendor Profiles

Consolidate internal and external vendor data: Create and enrich profiles with critical company data, market trends, ESG ratings, and news updates. Integrate with leading external data sources of your choice for enhanced visibility into each vendor.
Vendor contacts and hierarchy: Create and manage key vendor contacts with ease. We support the ability to govern 3rd parties, and capture the legal entities, as well their subcontractors (4th parties used as part of the services delivery, which may be in different jurisdictions). We also capture what data elements your 3rd party is sharing with those 4th parties. We can also capture 5th parties and more.

Improve Vendor Communication and Collaboration

Vendor self-service: Empower vendors to update information, respond to assessments, submit documents, performance actuals, and more directly within Enlighta Spice.
Streamlined communication: Send alerts, collect info, and track interactions with customizable templates and automated workflows. Set up reminders and automate tasks for SLA breaches, renewals, expiry and other critical events.
Localization support: Share and collect responses to surveys and forms in regional languages, including right-to-left languages.

Mitigate Vendor-Related Risks and Ensure Compliance

Risk assessments: Use best-in-class built-in assessments or create your own. Distribute them via email with guest access and monitor participation in real-time. Track and manage risks by defining control points, analyzing assessments, generating risk scores, and creating mitigation plans. Conduct internal/external audits, track findings, and develop actionable plans.
Regulatory compliance: Ensure AML/CTF compliance with automatic global sanctions and PEP screening.
Contract compliance: Automatically extract key terms, dates, deliverables, and obligations from contracts with AI. Create, manage, and track deliverables throughout the lifecycle. Streamline D&O approvals with automated workflows and eliminate missed deadlines with reminders and penalties.