Frequently Asked Questions

About Us

Understanding TPRM (Third-Party Risk Management)

Understanding Compliance

Subscription Management

Tacking TPRM Challenges

What is Supplier Shield?

Supplier Shield is your go-to solution for managing third-party risks, ensuring compliance, and safeguarding your business from potential vendor-related pitfalls. Think of us as your trusty sidekick in navigating the complex world of risk management.

How does Supplier Shield work?

We provide a comprehensive platform that helps you assess, monitor, and mitigate risks associated with your suppliers. Our tools are designed to simplify the process, so you can focus on what you do best – running your business. And yes, we promise it’s easier than assembling IKEA furniture.

Why should I choose Supplier Shield?

Great question! With Supplier Shield, you get an intuitive, user-friendly interface, powerful risk management tools, and top-notch support. We’re committed to helping you stay compliant and secure without the headaches. Less Risks, More Smiles.

Who can benefit from using Supplier Shield?

Any business that relies on third-party vendors can benefit from Supplier Shield. Whether you’re a small startup or a large corporation, our platform is designed to meet your needs. So, whether you’re selling cookies or cutting-edge tech, we’ve got you covered!

What industries does Supplier Shield serve?

We serve a wide range of industries including finance, healthcare, manufacturing, IT, retail, and more. If you’ve got vendors, we’ve got you covered! No vendor left behind.

What is Third-Party Risk Management (TPRM)?

TPRM involves identifying, assessing, and mitigating risks associated with third-party vendors and service providers to protect an organization's data, operations, and reputation. Think of it as keeping your friends close and your vendors closer.

Why is TPRM important?

In today’s interconnected world, third-party vendors can pose significant risks to your business. Effective TPRM helps you manage these risks, protecting your data, reputation, and bottom line. Better safe than sorry, right?

How does Supplier Shield enhance TPRM?

Supplier Shield provides tools and insights that make TPRM a breeze. From automated risk assessments to continuous monitoring, we’ve got everything you need to stay on top of vendor risks.

What are the key components of TPRM?

The key components include vendor risk assessment, ongoing monitoring, risk mitigation, and compliance management. With Supplier Shield, you can tackle all these components seamlessly.

How can TPRM protect my business?

By proactively managing risks, you can avoid costly breaches, fines, and reputational damage. TPRM is an investment in the long-term health of your business. Plus, we offer a premium solution without the premium price tag. Who doesn’t love saving money?

What is compliance in the context of TPRM?

Compliance refers to adhering to laws, regulations, and standards that govern your industry. In TPRM, it means ensuring your vendors also meet these requirements. It’s like making sure everyone plays by the same rulebook.

Why is compliance critical for my business?

Non-compliance can lead to hefty fines, legal issues, and damage to your reputation. Keeping compliant protects your business and builds trust with your clients and partners.

How does Supplier Shield help with compliance?

Supplier Shield provides compliance management tools that help you track and enforce regulatory requirements. We keep you updated on changes and ensure your vendors stay compliant too.

What are the common compliance standards in TPRM?

Common standards include GDPR, NIS2, DORA, ISAE, HIPAA, and SOX. Supplier Shield helps you navigate these standards and more, ensuring you and your vendors meet all necessary requirements. We’re basically your compliance guides.

How can I ensure my vendors are compliant?

With Supplier Shield, you can perform thorough risk assessments, request compliance documentation, and continuously monitor vendor performance to ensure they meet your standards. We help you sleep easy at night.

How do I subscribe to Supplier Shield?

Subscribing is easy! Just head over to our sign-up page, choose the plan that fits your needs, and follow the prompts. You’ll be up and running in no time – faster than you can say "compliance!"

What are the different subscription plans?

We offer various plans to suit businesses of all sizes. Whether you need basic coverage or advanced features, we have a plan for you. Check out our pricing page for more details.

Can I upgrade or downgrade my subscription?

Absolutely! Our flexible plans allow you to upgrade or downgrade as your business needs change. Simply log in to your account and adjust your subscription.

What happens if I need to cancel my subscription?

While we’d hate to see you go, you can cancel your subscription anytime through your account settings. No hard feelings – we promise! We’ll even wave a sad goodbye.

Do you offer any free trials?

Yes, we do! We believe in the power of our platform and want you to experience it firsthand. Sign up for a free trial and see how Supplier Shield can transform your risk management process. Give it a try, I mean you are already here...

What are the common challenges in TPRM?

Common challenges include managing large volumes of data, keeping up with regulatory changes, and ensuring vendor compliance. Supplier Shield helps you overcome these hurdles with ease. We’re like your risk management sherpa.

How can I improve my TPRM process?

Start with a comprehensive risk assessment, use automation tools, and continuously monitor vendor performance. Supplier Shield provides all the tools you need to streamline your TPRM process. We make it as easy as ABC.

What resources does Supplier Shield offer?

We offer a wealth of resources including guides, templates, webinars, and customer support to help you succeed in your TPRM journey. Consider us your personal TPRM library.

How do I get started with Supplier Shield?

Getting started is easy! Sign up for a free trial, explore our features, and see how we can help you manage third-party risks effortlessly. Welcome to the future of TPRM!

Can Supplier Shield be customized to my business needs?

Yes, our platform is highly customizable. Whether you need specific risk assessments, compliance tracking, or integration with other tools, we’ve got you covered. Customization is our middle name.

For any other questions, please contact us

Contact

Supplier Risk Management,
Simplified.

We are trusted by global partners

Save time

Reduce Costs

Protect your reputation

Your Swiss knife for TPRM

Protect yourself from third parties

Risks are evolving
fast

It's very costly not
to comply

Protect Your Future

Hear from the heroes of the story

Learn With Simplicity

Starbucks faces cyber attack fallout: Could your coffee routine be at risk?

What if your private conversations were leaked? Worst telecom hack in USA history.

Supplier risk management best practices to protect your supply chain

UBS and DSM-Firmenich hit by employee data theft in major cyberattack

Amazon employee data breach exposes hidden dangers in the digital supply chain

How Supplier Shield protects against data breach risks from third-party vulnerabilities

How can financial risks in a supply chain be managed?

Frequently Asked Questions

Protect Your Future

Let’s tailor your supplier risk management strategy

Supplier Risk Management,Simplified.

We are trusted by global partners

Save time

Reduce Costs

Protect your reputation

Your Swiss knife for TPRM

Protect yourself from third parties

Risks are evolving fast

It's very costly not to comply

Protect Your Future

Hear from the heroes of the story

Learn With Simplicity

Starbucks faces cyber attack fallout: Could your coffee routine be at risk?

What if your private conversations were leaked? Worst telecom hack in USA history.

Supplier risk management best practices to protect your supply chain

UBS and DSM-Firmenich hit by employee data theft in major cyberattack

Amazon employee data breach exposes hidden dangers in the digital supply chain

How Supplier Shield protects against data breach risks from third-party vulnerabilities

How can financial risks in a supply chain be managed?

Frequently Asked Questions

Protect Your Future

Let’s tailor your supplier risk management strategy

Supplier Risk Management,
Simplified.

Risks are evolving
fast

It's very costly not
to comply