# Third-Party Risk Management

## Total Visibility, Total Control.

From onboarding to renewal, Focal Point’s AI-enhanced risk monitoring gives you the tools to track risk, flag issues early, and maintain full audibility across your supplier base.

[See how it's done](https://www.getfocalpoint.com/company/contact-us/)

## How Teams are Benefiting

### Spot risks early.

Spot 3rd (and even 4th) party risk before they become disruptions with AI-powered monitoring and alerts tied directly to supplier profiles.

### Everything in-context.

Centralize compliance data, financials, ESG metrics, and more, so every decision is informed by your data and made in-context, not reactively.

### Collaborate strategically.

Track performance over time, automate reviews, and collaborate with suppliers to drive long-term value within your vendor relationships.

“Focal Point has significantly enhanced our procurement department’s efficiency by reducing cycle times and establishing a single source of truth for indirect procurement. This tool has streamlined communications and improved our decision-making processes, thereby contributing to a more effective procurement strategy.”  
Derek Schmidt  
_Manager, Corporate Procurement & Travel_

## How it Works

### Automated Risk Monitoring

**Eliminate crisis before it happens.** Focal Point connects to trusted data sources like D&B, RiskRecon, and DitchCarbon to continuously monitor supplier risk. Get alerts when thresholds are triggered and take action before risk turns into disruption.

### Risk Assessment Surveys

**Standardize how you assess (and scale it.)**

Easily send configurable risk surveys to suppliers to capture key info around compliance, cybersecurity, ESG, and more. Responses auto-sync to supplier profiles, so your team gets a complete view without chasing PDFs or emails.

### Integrate Third-Party Risk Data

**Bring external signals into every decision.**

Focal Point connects directly with trusted risk intelligence providers like D&B, RiskRecon, and DitchCarbon, enriching supplier profiles with real-time insights on financial health, cybersecurity, ESG, and more.

### Real-Time Risk Dashboards

**Your entire risk landscape, at a glance.** Track third-party risk across every category, supplier, and initiative with a real-time dashboard built for action. Drill down into internal and external data, monitor changes over time, and prioritize where to focus, all from one centralized view.

[Learn more about the platform](https://www.getfocalpoint.com/platform/)

## Let’s talk about your procurement potential.