The Standard Information Gathering (SIG) Questionnaire

Key Features

• 

  Automated Onboarding & Offboarding

  Import vendors via a spreadsheet template or through an API connection to an existing solution, eliminating error-prone, manual processes.

• 

  Centralized Intake Process

  Populate key supplier details with a centralized and customizable intake form and associated workflow. This is available to everyone via email invitation, without requiring any training or solution expertise.

• 

  Comprehensive Profiling

  Tap into 500,000+ sources of vendor intelligence to build a comprehensive profile that includes industry and business insights, ESG scores, ownership, and fourth- and Nth-party relationships.

• 

  Inherent Risk Scoring

  Use a simple assessment with clear scoring to capture, track and quantify inherent risks for all third parties.

• 

  Profiling & Tiering

  Automatically tier suppliers according to their inherent risk scores, set appropriate levels of diligence, and determine the scope of ongoing assessments.

• 

  Categorization

  Categorize vendors with rule-based logic based on a range of data interaction, financial, regulatory, and reputational considerations.

• 

  Due Diligence Collection

  Automate the collection of SIG questionnaire answers with built-in chasers, assessment scheduling, and escalation paths.

• 

  Risk Review & Analysis

  Review and approve assessment responses to automatically register risks, or reject responses and request additional input.

• 

  Central Risk Register

  Normalize, correlate and analyze assessment results and continuous monitoring intelligence for unified reporting and remediation.

• 

  Risk Scoring

  Quickly gauge third-party risk levels with consolidated views of risk ratings, counts, scores and flagged responses for each vendor.

• 

  Automated Response Actions

  Leverage a library of workflow rules to trigger automated playbooks that enable you to appropriately assess and monitor vendors based on their relationship and potential impact to the business.

• 

  Machine Learning Analytics

  Reveal risk trends, status, and exceptions to common behavior with embedded machine learning insights. Identify outliers across assessments, tasks, risks, and other factors warranting further investigation or score changes.

• 

  Data & Relationship Mapping

  Identify relationships between your organization and third, fourth and Nth parties to discover dependencies and visualize information paths.

• 

  Document & Evidence Management

  Store and manage policy documents, evidence and more for dialog and attestation.

• 

  Built-in Remediation Guidance

  Take actionable steps to reduce vendor risk with built-in remediation recommendations and guidance.

• 

  Compliance Mapping & Reporting

  Visualize and address compliance requirements by automatically mapping assessment results to requirements.

• 

  Connector Marketplace

  Access dozens of pre-built connectors that use a low-code approach to integrate the Prevalent solution with traditionally siloed tools.

• 

  Flexible Options for Collection & Analysis

  Collect and analyze SIG response on your own, or outsource to Mitratech's expert Vendor Risk Assessment Services.

• 

  Continuous Monitoring

  Correlate SIG assessment answers with continuously collected cybersecurity, business, reputational, ESG, and financial data to validate assessment responses and trigger automated actions.